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home / news releases / tile shop staying bullish following q4 ebitda beat

TTSH - Tile Shop: Staying Bullish Following Q4 EBITDA Beat

Tile Shop Holdings Inc.

2024-03-06 13:53:32 ET

Summary

  • Tile Shop's Q4 2023 EBITDA came in +7% better than the consensus estimate, thanks to gross margin expansion and a narrower same store sales contraction.
  • I have a favorable opinion of TTSH's FY 2024 financial outlook, as I anticipate that the company will register positive revenue growth and profitability improvement this year.
  • My Buy rating for Tile Shop stays unchanged, as I view the company's shares as undervalued taking into account peer valuations and TTSH's financial prospects for 2024.

Elevator Pitch

My rating for Tile Shop Holdings, Inc. ( TTSH ) stock is a Buy. Earlier, I touched on positive corporate developments for TTSH in my previous update written on September 21, 2023....

For further details see:

Tile Shop: Staying Bullish Following Q4 EBITDA Beat
Stock Information
Company Name: Tile Shop Holdings Inc.
Stock Symbol: TTSH
Market: OTC
Website: tileshop.com
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