Tile Shop (TTS) Misses Q4 EPS by 10c; Comps Fall 4.9%

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Tile Shop Holdings (TTS) PT Lowered to $6.50 at Stifel

February 22, 2018 7:25 AM EST

Stifel lowered its price target on Tile Shop Holdings (NASDAQ: TTS) to $6.50 (from $10.00) while maintaining a Hold rating.

Analyst John Baugh commented, "Q4 results were clearly a disappointment with a 5% decline in comp and a 310 bps decline in gross margin. The... More