Tuesday, March 24, 2015

Tile Shop Holdings, Inc.: Beautifying Spaces with Natural Stone Products


As the name suggests, the Tile Shop Holdings, Inc. is a company that is engaged in the marketing of tiles and other natural stone collections. The company was founded in 1985 and got incorporated in 2012. The products offered by the company are not ordinary stones and tile materials as a substantial portion of their portfolio is imported from other countries.

For 30 years, the company has been traveling around the world to seek the best and unique materials to be used to fashion homes across the country. Their natural materials include glass, granite, porcelain, quartz, sandstone, onyx, stainless steel, marble and ceramic that have been polished and cut to perfection to bring color and beauty to every home, office and just about any infrastructure. The offerings of the company are showcased in a showroom setting that allows its customers to choose and compare various materials used. In total, there are more than 4,500 products that the company markets.

Tile Shop is not only engaged in the marketing of their products, they also provide other services, including consulting, designing, installation and maintenance. Through these value adding services, they are able to provide their customers the confidence in their vision to create their perfect space, highlighted with the products marketed by the company. The business operates more than 100 stores across the country. Their operations are present in 28 states from coast to coast with stores that averages in 23,000 square feet in size. The tile products are marketed under the brand names Fired Earth and Rush River, while their setting and maintenance materials are sold under their Superior brand.

The Tile Shop is a publicly traded company on the NASDAQ. It competes against companies like Floor and Décor, Home Depot, World of Tile, Century Tile and Dal-Tile. 52% of their sales during their 2014 fiscal are from their stone products.

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