Tile Shop Holdings, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 05, 2021 at 07:31 am EDT
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Tile Shop Holdings, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 96.193 million compared to USD 67.730 million a year ago. Operating income was USD 7.614 million compared to operating loss of USD 1.794 million a year ago. Net income was USD 5.494 million compared to net loss of USD 760,000 a year ago. Basic earnings per share from continuing operations was USD 0.11 compared to basic loss per share from continuing operations of USD 0.02 a year ago. For the half year, sales was USD 188.277 million compared to USD 162.009 million a year ago. Operating income was USD 14.522 million compared to USD 800,000 a year ago. Net income was USD 10.791 million compared to USD 2.742 million a year ago. Basic earnings per share from continuing operations was USD 0.22 compared to USD 0.05 a year ago. Diluted earnings per share from continuing operations was USD 0.21 compared to USD 0.05 a year ago.
Tile Shop Holdings, Inc. is a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories in the United States. The Company offers an assortment of natural stone and man-made tile products. Its natural stone products include marble, travertine, granite, quartz, sandstone, slate, and onyx tiles. The Company's man-made products include ceramic, porcelain, glass, cement, wood look, metal and luxury vinyl tile. The Companyâs assortment of accessories, including mosaics, pencils, listellos, and other products. It also offers a range of setting and maintenance materials, such as thinset, grout, sealers, and accessories, including installation tools, shower and bath shelves, drains, and similar products. The Company also offers customers delivery service through third-party freight providers. The Company sells its products under brand names, including Superior Adhesives & Chemicals, Superior Tools & Supplies, Rush River, and Fired Earth.
TILE SHOP HOLDINGS, INC. 
