Tile Shop (TTS) Prelim. Q3 Revenue Comes in Light
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The Tile Shop Announces Preliminary Third Quarter 2017 Results; Announces Third Quarter 2017 Earnings Conference Call
October 2, 2017 5:00 PM EDTMINNEAPOLIS, Oct. 02, 2017 (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 preliminary results for its third quarter ended September 30, 2017.
Net sales is expected to grow approximately 7% to approximately $84 million for the third quarter ended September 30, 2017 compared with $78.6 million for the third quarter ended September 30, 2016. Comparable store sales growth for the third quarter is expected to approximate 1%. Comparable store sales growth for the third quarter of 2016 was 5.7%. Gross margin for the third... More
