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Tile Shop: 1Q Earnings Snapshot

PLYMOUTH, Minn. (AP) _ Tile Shop Holdings Inc. (TTS) on Tuesday reported first-quarter profit of $1.3 million.

On a per-share basis, the Plymouth, Minnesota-based company said it had profit of 3 cents.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.

The stone tile retailer posted revenue of $86.9 million in the period.

Tile Shop shares have risen nearly 4% since the beginning of the year. The stock has declined 19% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TTS at https://www.zacks.com/ap/TTS