Tile Shop(TTSH) - 2024 Q3 - Quarterly Results

Exhibit 99.1 THE TILE SHOP REPORTS THIRD QUARTER 2024 RESULTS MINNEAPOLIS – November 7, 2024 – Tile Shop Holdings, Inc. (Nasdaq: TTSH) (the "Company"), a specialty retailer of natural stone, man-made and luxury vinyl tiles, today announced results for its third quarter ended September 30, 2024. Third Quarter 2024 Summary Net Sales Decreased 8.3% Comparable Store Sales Decreased 7.9% Gross Margin of 66.5% Net Income of $41 Thousand and Adjusted EBITDA of $5.0 Million Company Remains Bank Debt Free with $25 M ...