- Tile Shop (TTS) says an independent audit determined that that there is no evidence that financial results have been misstated in the past.
- The investigation focused on the relationship of a Chinese export trading concern used by the company and its vendors, finding that undisclosed related party relationships were found to exist.
- New guidance from Tile Shop: FY14 EPS of $0.43-$0.47 and revenue of $285M-$295M.
- TTS -6.5% premarket
From other sites
at Zacks.com (Feb 27, 2015)
at Benzinga.com (Jan 8, 2015)
at CNBC.com (Aug 12, 2014)
at CNBC.com (Jul 10, 2014)
at CNBC.com (Jan 28, 2014)
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