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Stock Market & Financial Investment News

News Breaks
July 10, 2014
07:03 EDTLL, TTSTile Shop estimates lowered on Lumber Liquidators results at Credit Suisse
Credit Suisse lowered Tile Shop (TTS) estimates following weak Lumber Liquidators (LL) results. The analyst said Tile Shop's comps have a high correlation to Lumber Liquidators and said its not immune to weaker macro factors. Shares remain Outperform rated with a $16 price target, down from $18.
News For TTS;LL From The Last 14 Days
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July 31, 2015
14:08 EDTLLLumber Liquidators volatility elevated into Q2 and outlook
Lumber Liquidators August weekly call option implied volatility is at 124, August is at 79, September is at 69; compared to its 52-week range of 37 to 141, suggesting large near term price movement into the expected release of Q2 results on August 5.
July 21, 2015
08:09 EDTTTSTile Shop raises FY15 adjusted EPS view to 28c-33c from 27c-33c
Consensus 31c. Tile Shop raises FY15 revenue view to $280M-$290M from $275M-$290M, consensus $285.64M. Gross Margin percentage of net sales is seen at approximately 69%. The updated guidance is based on past performance, anticipated new store openings and current economic conditions.
08:07 EDTTTSTile Shop reports Q2 adjusted EPS 9c, consensus 9c
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