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TTS - Tile Shop Holdings: Troubles Continue In Q2 2019
Tile Shop Hldgs Inc.
Tile Shop Holdings (TTS) continued to have issues with poor sales results during Q2 2019. There was hope that a large part of its weak Q1 2019 performance was due to temporary systems-related issues and that its comps would improve by several percent in Q2 2019. Tile Shop's comps ended up being exactly the same in Q2 2019 though, and it appears that its challenges with negative year-over-year traffic trends may continue through 2019.
Continuing Challenges With Sales
Tile Shop's -4.2% comparable-store sales for Q2 2019 was the same as the -4.2% comps