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Tile Shop Holdings (TTS) Sank To A New Low On Weak Q3 Sales Forecast

Tile Shop Holdings (TTS) revealed after the close Monday that it now expects to report third quarter revenues of $84.0 million. Street expectations are for revenues of $87.17 million.

Tile Shop gapped open sharply lower Tuesday, but traded in a range for the majority of the session. Shares finished with a loss of 4.75 at $8.45 on the highest volume of the year. The stock plunged to a new low for the year.

by RTTNews Staff Writer

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