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MINNEAPOLIS, May 19, 2022 (GLOBE NEWSWIRE) -- Tile Shop Holdings, Inc. (Nasdaq: TTSH) (the “Company”), a specialty retailer of natural stone and man-made tiles, today announced Cabell Lolmaugh, CEO, Karla Lunan, CFO, and Mark Davis, Vice President of Investor Relations and Chief Accounting Officer, will participate in the 3rd Annual Loop Capital Markets Investor Conference.
A cyclical slowdown due to rising interest rates along with the lapping of strong demand from last year should impact Tile Shop's growth. However, with the economy reopening, the company's strong presence in the professional segment could be beneficial, and the company is also raising prices to offset inflation.
The Tile Shop Holdings, Inc. (TTSH) CEO Cabby Lolmaugh on Q1 2022 Results - Earnings Call Transcript
The Tile Shop Holdings, Inc. (NASDAQ:TTSH ) Q1 2022 Earnings Conference Call May 6, 2022 9:00 AM ET Company Participants Mark Davis - Vice President, Investor Relations & Chief Accounting Officer Cabby Lolmaugh - Chief Executive Officer Karla Lunan - Chief Financial Officer Conference Call Participants David Kanen - Kanen Wealth Mark Smith - Lake Street Capital Operator Good day, ladies and gentlemen, and thank you for standing by. Welcome to The Tile Shop Holdings Incorporated First Quarter 2022 Earnings Conference Call.
Tile Shop Holdings Inc (NASDAQ: TTSH) reported first-quarter FY22 sales growth of 11.3% year-on-year, to $102.47 million, beating the consensus of $95.03 million. The comparable store sales increased 10.7% versus last year.