Tile Shop (TTS) Tops Q1 EPS by 1c, Reaffirms FY15 Guidance

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The Tile Shop Reports First Quarter 2015 Results

April 21, 2015 8:01 AM EDT

13.3% Sales Growth

4.5% Comparable Store Sales Growth

3.4% Operating Income Growth

20.1% Adjusted EBITDA Margin, 6.2% Adjusted EBITDA Growth

$18.4 Million (20%) Reduction of Debt

MINNEAPOLIS, April 21, 2015 (GLOBE NEWSWIRE) -- Tile Shop Holdings, Inc. (Nasdaq: TTS) (the "Company"), a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories, today announced results for its first quarter ended March 31, 2015.

Net sales grew 13.3% to $73.0 million for the quarter ended March 31, 2015 compared... More