Tile Shop (TTS) Tops Q1 EPS by 3c

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The Tile Shop Reports First Quarter 2016 Results; Raises Full Year Outlook

April 19, 2016 8:02 AM EDT

13.2% Comparable Store Sales Growth70.5% Gross Margin 63.4% Operating Income Growth 22.8% Adjusted EBITDA Margin and 31.3% Adjusted EBITDA Growth  Diluted Earnings per Share of $0.13, growth of 85.7% Non-GAAP Diluted Earnings per Share of $0.14, growth of 75.0%

MINNEAPOLIS, April 19, 2016 (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, 2016. 

Net sales grew 16.1% to... More