---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-029056"
form_type: "8-K"
ticker: "TTSH"
cik: "0001552800"
company_name: "TILE SHOP HOLDINGS, INC."
filed_at: "2024-02-29T23:59:59+00:00"
generated_at: "2026-06-05T06:37:20.441416+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Tile Shop Q4 net sales down 3.4% YoY; EPS $0.01; full-year net income $10.1M

## Summary
- Q4 net sales $84.5M, down 3.4% YoY; comp store sales declined 3.2%.
- Q4 net income $0.6M, diluted EPS $0.01; adjusted EBITDA $6.6M vs $8.9M a year ago.
- Full-year 2023 net sales $377.1M (-4.4%); net income $10.1M ($0.23 EPS); adjusted EBITDA $38.8M.
- No debt outstanding at Dec 31, 2023; cash and equivalents $8.6M.
- Board approved salary increases: CEO to $424k, CFO to $309k, effective Jan 1, 2024.

## SEC filing metadata
- accession: 0001104659-24-029056
- form_type: 8-K
- ticker: TTSH
- cik: 0001552800
- company_name: TILE SHOP HOLDINGS, INC.
- filed_at: 2024-02-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552800/000110465924029056/0001104659-24-029056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552800/000110465924029056/tm247455d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-029056
- JSON: https://secwatch.observer/filing/0001104659-24-029056.json
- Plain text: https://secwatch.observer/filing/0001104659-24-029056.txt

## Key facts
- Earnings Releases
  TILE SHOP HOLDINGS, INC. reported financial results for the fourth quarter and year ended December 31, 2023.
  - Period: the fourth quarter and year ended December 31, 2023
  - Result: reported results
  source text: On February 29, 2024, Tile Shop Holdings, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1552800/000110465924029056/0001104659-24-029056-index.htm

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