Tile Shop (TTS) Declares $0.05 Quarterly Dividend; 3% Yield

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Go back to Tile Shop (TTS) Declares $0.05 Quarterly Dividend; 3% Yield

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

October 18, 2018 7:00 AM EDT

MINNEAPOLIS, Oct. 18, 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 third quarter ended September 30, 2018. 

Third Quarter Summary

Net Sales Increased 5.7%Comparable Store Sales Increased 2.1% Gross Margin of 70.6%Diluted Earnings per Share of $0.05Net Income of $2.6 million; Adjusted EBITDA of $11.9 millionCompleted 3 store remodels in Q3; Completed... More