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Tile Shop: 4Q Earnings Snapshot

PLYMOUTH, Minn. (AP) _ Tile Shop Holdings Inc. (TTS) on Tuesday reported a loss of $1.1 million in its fourth quarter.

On a per-share basis, the Plymouth, Minnesota-based company said it had a loss of 2 cents.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.

The stone tile retailer posted revenue of $83.9 million in the period, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $84.1 million.

For the year, the company reported profit of $10.4 million, or 20 cents per share. Revenue was reported as $357.3 million.

Tile Shop shares have risen 36 percent since the beginning of the year. The stock has decreased 12 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