Discover why Zacks rates Tile Shop as "Neutral", being the first on Wall Street to initiate coverage on the stock. Explore TTSH's strategic initiatives and financial health amid market challenges.
Tile Shop's e-commerce channel has strong growth potential with online sales having increased by 25% YoY in Q1 2024. The company is targeting price-conscious clients with new product offerings. I have a positive opinion of TTSH's product and channel growth initiatives, which explains my decision to rate the stock as a Buy.