Tile Shop (TTS) Misses Q4 EPS by 1c
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The Tile Shop Reports Fourth Quarter 2018 Results; Declares Cash Dividend
February 19, 2019 7:01 AM ESTMINNEAPOLIS, Feb. 19, 2019 (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 fourth quarter ended December 31, 2018.Â
Fourth Quarter Summary
Net Sales Increased 6.8%Comparable Store Sales Increased 5.0% Gross Margin of 70.3%Net Loss of $1.1 million; Adjusted EBITDA of $8.7 millionStore Growth Resumed with 5 to 7 New Stores Now Planned for 2019
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