---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-087011"
form_type: "8-K"
ticker: "TTSH"
cik: "0001552800"
company_name: "TILE SHOP HOLDINGS, INC."
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T10:54:08.915597+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Tile Shop Q2 net sales down 7.3% to $91.4M; net income falls to $1.2M

## Summary
- Net sales of $91.4M, down 7.3% YoY; comparable store sales declined 6.9%.
- Net income $1.2M ($0.03 diluted EPS) vs. $5.1M ($0.12) in Q2 2023.
- Adjusted EBITDA $6.7M (7.4% margin), down from $13.6M (13.8%) a year ago.
- Gross margin improved 180 bps to 66.0%, aided by lower product costs.
- No borrowings on $75M credit line; cash and equivalents $25.3M at quarter end.

## SEC filing metadata
- accession: 0001104659-24-087011
- form_type: 8-K
- ticker: TTSH
- cik: 0001552800
- company_name: TILE SHOP HOLDINGS, INC.
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552800/000110465924087011/0001104659-24-087011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552800/000110465924087011/tm2420049d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-087011
- JSON: https://secwatch.observer/filing/0001104659-24-087011.json
- Plain text: https://secwatch.observer/filing/0001104659-24-087011.txt

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