OTCPK:TTSHSpecialty Retail
Tile Shop Holdings (TTSH) Losses Deepen, Margin Stagnation Reinforces Bearish Sentiment
Tile Shop Holdings (TTSH) delivered another difficult quarter, with ongoing unprofitability and no progress in net profit margin over the past year. Losses have deepened at an average annual rate of 16.6% over the last five years, and shares currently trade at $6.37, well above an estimated fair value of $1.44. With no expectation of revenue or earnings growth on the horizon and a Price-To-Sales Ratio of 0.8x that looks stretched compared to sector benchmarks, investors have little near-term...