Tile Shop: 1Q Earnings Snapshot

Tile Shop Holdings Inc. (TTS) on Thursday reported first-quarter net income of $4 million.

On a per-share basis, the Plymouth, Minnesota-based company said it had net income of 8 cents.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.

The stone tile retailer posted revenue of $91.1 million in the period.

Tile Shop shares have declined 41 percent since the beginning of the year. The stock has fallen 73 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TTS at https://www.zacks.com/ap/TTS