Brief: Tile Shop Holdings Reports Q4 Loss Per Share Of $0.09

Tile Shop Holdings

13/03/2020 11:14

March 13 (Reuters) - Tile Shop Holdings Inc  TTSH.PK :
    * THE TILE SHOP REPORTS FOURTH QUARTER 2019 RESULTS
    * TILE SHOP HOLDINGS -  NET SALES DECREASED $5.3 MILLION, OR
6.4%,
FROM $83.9 MILLION IN Q4 OF 2018 TO $78.6 MILLION IN Q4 OF 2019
    * TILE SHOP -  COMPARABLE STORE SALES DECREASED $5.5
MILLION, OR
6.6%, FOR Q4 OF 2019 COMPARED TO Q4 OF 2018 PRIMARILY DUE TO
LOWER CUSTOMER TRAFFIC
    * TILE SHOP-  INVENTORY DECREASED $12.5 MILLION FROM $110.1
MILLION AT END OF Q4 OF 2018 TO $97.6 MILLION AT END OF Q4 OF
2019
    * TILE SHOP HOLDINGS INC - QTRLY LOSS PER SHARE $0.09

Source text for Eikon:  ID:nGNXswbYt 
Further company coverage:  TTSH.PK 

 (Reuters.Briefs@thomsonreuters.com)