{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-087042","form_type":"8-K","ticker":"TTSH","cik":"0001552800","company_name":"TILE SHOP HOLDINGS, INC.","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.277977+00:00","generated_at":"2026-06-12T08:09:22.438451+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Tile Shop Q2 net sales down 8.4%; EPS $0.12 vs $0.13; debt reduced $25.4M YTD","bullets":["Net sales $98.6M, down 8.4% YoY; comparable store sales declined 8.0%.","Net income $5.1M ($0.12 diluted EPS) vs $6.9M ($0.13) in Q2 2022.","Gross margin 64.2%, down from 66.0% due to inflationary cost pressure.","Adjusted EBITDA $13.6M (13.8% of sales) vs $16.8M (15.6%) a year ago.","Debt reduced $25.4M YTD to $20.0M; cash increased $8.6M to $14.6M."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-087042","json":"https://secwatch.observer/filing/0001104659-23-087042.json","markdown":"https://secwatch.observer/filing/0001104659-23-087042.md","text":"https://secwatch.observer/filing/0001104659-23-087042.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1552800/000110465923087042/0001104659-23-087042-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1552800/000110465923087042/tm2318596d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T08:09:22.438451+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1efb61d3a25830cead08efc041da5e9a187b05cc","claim":"TILE SHOP HOLDINGS, INC. reported six months ended June 30, 2023 results: revenue $200,576, net income $7,591, EPS $0.17.","evidence_excerpt":"far this year.” Three Months Ended Six Months Ended June 30, June 30, (unaudited, dollars in thousands, except per share data) 2023 2022 2023 2022 Net sales $ 98,557 $ 107,604 $ 200,576 $ 210,075 Net sales (decline) growth (1) (8.4 )% 11.9 % (4.5 )% 11.6 % Comparable store sales (decline) growth (2) (8.0 )% 12.0 % (4.0 )% 11.6 % Gross margin rate 64.2 % 66.0 %","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1552800/000110465923087042/0001104659-23-087042-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"six months ended June 30, 2023"},{"label":"Revenue","value":"$200,576"},{"label":"Net income","value":"$7,591"},{"label":"EPS","value":"$0.17"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"3b38e19afb12fbba561b2e5e03d595082cbb8c23","claim":"TILE SHOP HOLDINGS, INC. reported second quarter ended June 30, 2023 results: revenue $98,557, net income $5,079, EPS $0.12.","evidence_excerpt":"of our debt so far this year.” Three Months Ended Six Months Ended June 30, June 30, (unaudited, dollars in thousands, except per share data) 2023 2022 2023 2022 Net sales $ 98,557 $ 107,604 $ 200,576 $ 210,075 Net sales (decline) growth (1) (8.4 )% 11.9 % (4.5 )% 11.6 % Comparable store sales (decline) growth (2) (8.0 )% 12.0 % (4.0 )% 11.6 % Gross margin","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1552800/000110465923087042/0001104659-23-087042-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$98,557"},{"label":"Net income","value":"$5,079"},{"label":"EPS","value":"$0.12"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}