Tile Shop (TTS) Tops Q2 EPS by 1c

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The Tile Shop Reports Second Quarter 2016 Results

July 19, 2016 8:03 AM EDT

8.2% Comparable Store Sales Growth38.8% Operating Income Growth22.5% Adjusted EBITDA Margin and 22.3% Adjusted EBITDA Growth Diluted Earnings per Share of $0.13, growth of 44.4% Non-GAAP Diluted Earnings per Share of $0.14, growth of 55.6%

MINNEAPOLIS, July 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 second quarter ended June 30, 2016.    

Net sales grew 11.3% to $84.3 million for the... More