Finish Line Reports First Quarter Fiscal Year 2017 Results
- Published: 24 June 2016
- Written by Editor
13.2% Comparable Store Sales Growth
70.5% Gross Margin
63.4% Operating Income Growth
22.8% Adjusted EBITDA Margin and 31.3% Adjusted EBITDA Growth
Diluted Earnings per Share of $0.13, growth of 85.7%
Non-GAAP Diluted Earnings per Share of $0.14, growth of 75.0%
MINNEAPOLIS, April 19, 2016 -- Tile Shop Holdings, Inc. (NASDAQ:TTS) (the “Company”), a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories, today announced results for its first quarter ended March 31, 2016.
Net sales grew 16.1% to $84.7 million for the first quarter ended March 31, 2016 compared with $73.0 million for the first quarter ended March 31, 2015. The $11.7 million increase in net sales was due to a comparable store sales increase of 13.2%, or $9.6 million in the quarter and incremental net sales of $2.1 million from stores not included in the comparable store base.
Total Sales Increased 22.1% ------ Comparable Sales Increased 12.8%
Diluted EPS Increased 22.0% to $1.11
Company Raises Guidance for Fiscal Year 2015
BOLINGBROOK, Ill.---- Ulta Beauty (ULTA) today announced financial results for the thirteen week period (“Third Quarter”) and thirty-nine week period (“First Nine Months”) ended October 31, 2015, which compares to the same periods ended November 1, 2014.
“Ulta Beauty’s excellent performance in the third quarter was highlighted by top line momentum driven by double digit traffic growth, leading to above-plan earnings growth,” said Mary Dillon, Chief Executive Officer.