Tile Shop (TTS) Declares $0.05 Quarterly Dividend; 2.4% Yield

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Go back to Tile Shop (TTS) Declares $0.05 Quarterly Dividend; 2.4% Yield

The Tile Shop Reports Second Quarter 2018 Results; Declares Cash Dividend

July 19, 2018 7:00 AM EDT

MINNEAPOLIS, July 19, 2018 (GLOBE NEWSWIRE) -- Tile Shop Holdings, Inc. (Nasdaq: TTS) (the Company), a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories, today announced results for its second quarter ended June 30, 2018. 

Second Quarter Summary

Net Sales Increased 3.9%Comparable Store Sales Declined 1.8% 70.3% Gross MarginDiluted Earnings per Share of $0.10Net Income of $5.0 million; Adjusted EBITDA of $15.1 millionCompleted 3 store remodels in Q2; Completed 7 store remodels year-to-date... More