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Tile Shop Holdings Inc's Business Segments
Tile Shop Holdings Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
5
Largest Segment
Man-Made Tiles
Total Revenue
$ 336
Regions Reported
-
Revenue Share by Reportable Segment - FY
- Man-Made Tiles0%
- Natural Stone Tiles0%
- Setting And Maintenance Materials0%
- Accessories0%
- Delivery Service0%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Man-Made Tiles | $ 0 | 0% |
| Natural Stone Tiles | $ 0 | 0% |
| Setting And Maintenance Materials | $ 0 | 0% |
2 more segments available
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Description of Tile Shop Holdings Inc
Tile Shop Holdings Inc. is a specialty retailer of natural stone and tile products intended for home improvement and remodeling projects. The company was founded in 1985 and is headquartered in Plymouth, Minnesota, USA. It operates over 140 stores across the United States, with a significant portion located in the Northeast region.
The company's products and services include floor and wall tile, decorative tile, porcelain tile, glass tile, natural stone, engineered stone, sealers, cleaners, and installation materials. Tile Shop's products cater to both do-it-yourself (DIY) customers and trade professionals, including interior designers, contractors, and builders.
Tile Shop primarily sources its products from overseas manufacturers, mainly from Italy, Spain, and Turkey. The company has established partnerships with several factories and distributors in these countries, enabling it to offer a vast selection of high-quality products at competitive prices. Tile Shop has also invested heavily in its supply chain and logistics infrastructure to ensure timely delivery of its products to its stores and customers.
Apart from selling tiles and natural stones, the company provides installation services to customers. It has a team of in-house installation experts, known as Pro Network, who are trained and certified to install Tile Shop products with precision and professionalism.
In terms of its financial performance, Tile Shop Holdings Inc. reported revenues of around $375 million in 2020. The company's sales have grown at a compounded annual rate of5% over the past ten years. Tile Shop has also been profitable, with a net income of around $27 million in 2020.
As a specialty retailer in the home improvement sector, Tile Shop competes with other retailers such as Home Depot, Lowe's, and Floor & Decor. However, the company's focus on providing a wide variety of high-quality products, combined with its seamless installation services, has helped it establish a loyal customer base.
In conclusion, Tile Shop Holdings Inc. is a specialty retailer of natural stone and tile products with a vast selection of offerings sourced primarily from overseas manufacturers. It provides installation services through experts trained in-house and has established partnerships across several regions with factories and distributors. The company has a successful financial track record and competes with well-known retailers in the home improvement sector.
The company's products and services include floor and wall tile, decorative tile, porcelain tile, glass tile, natural stone, engineered stone, sealers, cleaners, and installation materials. Tile Shop's products cater to both do-it-yourself (DIY) customers and trade professionals, including interior designers, contractors, and builders.
Tile Shop primarily sources its products from overseas manufacturers, mainly from Italy, Spain, and Turkey. The company has established partnerships with several factories and distributors in these countries, enabling it to offer a vast selection of high-quality products at competitive prices. Tile Shop has also invested heavily in its supply chain and logistics infrastructure to ensure timely delivery of its products to its stores and customers.
Apart from selling tiles and natural stones, the company provides installation services to customers. It has a team of in-house installation experts, known as Pro Network, who are trained and certified to install Tile Shop products with precision and professionalism.
In terms of its financial performance, Tile Shop Holdings Inc. reported revenues of around $375 million in 2020. The company's sales have grown at a compounded annual rate of5% over the past ten years. Tile Shop has also been profitable, with a net income of around $27 million in 2020.
As a specialty retailer in the home improvement sector, Tile Shop competes with other retailers such as Home Depot, Lowe's, and Floor & Decor. However, the company's focus on providing a wide variety of high-quality products, combined with its seamless installation services, has helped it establish a loyal customer base.
In conclusion, Tile Shop Holdings Inc. is a specialty retailer of natural stone and tile products with a vast selection of offerings sourced primarily from overseas manufacturers. It provides installation services through experts trained in-house and has established partnerships across several regions with factories and distributors. The company has a successful financial track record and competes with well-known retailers in the home improvement sector.
Tile Shop Holdings Inc is a specialty retailer of natural stone and man-made tiles, mosaic, and decorative fixtures. The company's product line is extensive and versatile, catering to different customer preferences in the market. The following is an extensive overview of Tile Shop Holdings Inc segments, products, and services.
Segments:
Tile Shop Holdings Inc has two core revenue segments:
1. Retail Segment: This segment includes the sale of products to individual customers through its chain of retail stores nationwide. The retail segment caters to both residential and commercial markets in the US.
2. Commercial Segment: This segment involves the wholesale distribution of tiles and related products to commercial and institutional markets across the United States. The commercial segment offers customized solutions for architects, builders, contractors, and other industry professionals.
Products:
Tile Shop Holdings Inc offers a wide range of products in its retail and commercial segments. The following is an overview of its core product categories:
1. Natural Stone Tiles: This category includes tiles cut from different natural stone, including marble, granite, limestone, and slate.
2. Ceramic and Porcelain Tiles: The company offers a wide range of colors, textures, and sizes from major manufacturers.
3. Glass, Metal, and Mosaic Tiles: Tile Shop Holdings Inc offers an extensive selection of glass, metal, and mosaic tiles to add sheen and personality to any space.
4. Decorative Accents: The company also offers accessories, including trim pieces, bullnose, and decorative inserts.
5. Installation and Maintenance Products: To complete the tile installation, Tile Shop Holdings Inc provides everything from adhesives to grout, sealants, and cleaning products.
Services:
Tile Shop Holdings Inc offers several services to support both retail and wholesale customers:
1. In-Store Inspiration: Customers can get in-store inspiration for their home d'cor projects through Tile Shop Holdings Inc's showroom concept.
2. Professional Installation: The company's professional installation services ensure high-quality craftsmanship and timely completion of tile installation projects.
3. Custom Design: Tile Shop Holdings Inc offers customized solutions for architects, builders, and contractors to meet unique design requirements.
4. Industry Expertise: The company's industry experts provide consultation and guidance to customers, making sure they make informed decisions during their purchase experience.
In summary, Tile Shop Holdings Inc offers a broad range of products and services to meet the needs of customers looking for quality tiles for residential and commercial projects. The company's extensive product line includes natural stone, ceramic, porcelain, mosaic, glass, metal tiles, accessories, and installation products. Through its retail stores and wholesale distribution, the company provides in-store inspiration, professional installation, custom design, and industry expertise to support customer needs.
Segments:
Tile Shop Holdings Inc has two core revenue segments:
1. Retail Segment: This segment includes the sale of products to individual customers through its chain of retail stores nationwide. The retail segment caters to both residential and commercial markets in the US.
2. Commercial Segment: This segment involves the wholesale distribution of tiles and related products to commercial and institutional markets across the United States. The commercial segment offers customized solutions for architects, builders, contractors, and other industry professionals.
Products:
Tile Shop Holdings Inc offers a wide range of products in its retail and commercial segments. The following is an overview of its core product categories:
1. Natural Stone Tiles: This category includes tiles cut from different natural stone, including marble, granite, limestone, and slate.
2. Ceramic and Porcelain Tiles: The company offers a wide range of colors, textures, and sizes from major manufacturers.
3. Glass, Metal, and Mosaic Tiles: Tile Shop Holdings Inc offers an extensive selection of glass, metal, and mosaic tiles to add sheen and personality to any space.
4. Decorative Accents: The company also offers accessories, including trim pieces, bullnose, and decorative inserts.
5. Installation and Maintenance Products: To complete the tile installation, Tile Shop Holdings Inc provides everything from adhesives to grout, sealants, and cleaning products.
Services:
Tile Shop Holdings Inc offers several services to support both retail and wholesale customers:
1. In-Store Inspiration: Customers can get in-store inspiration for their home d'cor projects through Tile Shop Holdings Inc's showroom concept.
2. Professional Installation: The company's professional installation services ensure high-quality craftsmanship and timely completion of tile installation projects.
3. Custom Design: Tile Shop Holdings Inc offers customized solutions for architects, builders, and contractors to meet unique design requirements.
4. Industry Expertise: The company's industry experts provide consultation and guidance to customers, making sure they make informed decisions during their purchase experience.
In summary, Tile Shop Holdings Inc offers a broad range of products and services to meet the needs of customers looking for quality tiles for residential and commercial projects. The company's extensive product line includes natural stone, ceramic, porcelain, mosaic, glass, metal tiles, accessories, and installation products. Through its retail stores and wholesale distribution, the company provides in-store inspiration, professional installation, custom design, and industry expertise to support customer needs.