Tile Shop Holdings: Plummets on plans to delist, Q3 loss
22/10/2019 13:05
Oct 22 (Reuters) - ** Tile manufacturer's shares TTS.O
tank 58% to $1.30; on track to hit a record low, if premarket
losses hold
** TTS plans to voluntarily de-list from NASDAQ and expects
its last day of trading to be or about Nov. 8, 2019
** Further suspends dividend and cancels share repurchase
program to focus on debt reduction
** Co reports loss of $0.03 per share in Q3 2019
** Co misses EPS estimates for the last five quarters
** YTD, TTS has fallen nearly 40%
(Reporting by Agamoni Ghosh)
((Reuters Messaging:
Agamoni.Ghosh.thomsonreuters.com@reuters.net))