---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-029685"
form_type: "8-K"
ticker: "TTSH"
cik: "0001552800"
company_name: "TILE SHOP HOLDINGS, INC."
filed_at: "2022-03-03T23:59:59+00:00"
generated_at: "2026-06-27T01:58:50.066433+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Tile Shop Q4 net sales up 10.6% to $90.2M; net income $1.8M; special dividend of $0.65/share

## Summary
- Net sales $90.2M (+10.6% YoY); comparable store sales +10.3%; net income $1.8M ($0.04 diluted EPS).
- Full-year 2021 net sales $370.7M (+14.0%); net income $14.8M ($0.29 diluted EPS); Adjusted EBITDA $50.3M.
- Gross margin contracted to 66.1% from 68.5% in Q4, pressured by vendor price increases and higher freight costs.
- Paid a $0.65 per share special dividend, returning $33M to shareholders during Q4.
- Compensation committee approved salary increase for SVP Supply Chain Joseph Kinder to $270K from $230K.

## SEC filing metadata
- accession: 0001104659-22-029685
- form_type: 8-K
- ticker: TTSH
- cik: 0001552800
- company_name: TILE SHOP HOLDINGS, INC.
- filed_at: 2022-03-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552800/000110465922029685/0001104659-22-029685-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552800/000110465922029685/tm227937d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-029685
- JSON: https://secwatch.observer/filing/0001104659-22-029685.json
- Plain text: https://secwatch.observer/filing/0001104659-22-029685.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.