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TTS - Tile Shop Holdings: A Disappointing Q1 2019 Leads To Cheap Shares
Tile Shop Hldgs Inc.
Tile Shop Holdings (TTS) struggled through Q1 2019 with sales results that were well below expectations. Some of the miss was due to temporary issues, but there are significant questions about whether Tile Shop can deliver sustained growth going forward. This has resulted in Tile Shop's share price falling to quite low levels and it should have some upside if it can at least stabilise sales levels. Tile Shop remains profitable and should be able to easily cover its $0.20 per share dividend.