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Tile Shop: 3Q Earnings Snapshot

PLYMOUTH, Minn. (AP) _ Tile Shop Holdings Inc. (TTS) on Thursday reported third-quarter earnings of $2.6 million.

The Plymouth, Minnesota-based company said it had net income of 5 cents per share.

The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 5 cents per share.

The stone tile retailer posted revenue of $89.3 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $87.1 million.

Tile Shop shares have dropped 30 percent since the beginning of the year. The stock has decreased 19 percent 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