---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-074980"
form_type: "8-K"
ticker: "TTSH"
cik: "0001552800"
company_name: "TILE SHOP HOLDINGS, INC."
filed_at: "2025-08-07T23:59:59+00:00"
generated_at: "2026-05-17T17:32:12.470543+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Tile Shop Q2 net sales down 3.4% to $88.3M; net income $0.4M vs $1.2M YoY

## Summary
- Comparable store sales declined 3.5% on lower traffic; gross margin fell 160 bps to 64.4%.
- Adjusted EBITDA dropped to $4.9M from $6.7M; adjusted EBITDA margin 5.6% vs 7.4%.
- Closed Spring Valley, WI distribution center; annualized benefit expected ~$1.0M.
- No debt outstanding; cash increased to $27.8M from $21.0M at year-end 2024.
- Closed one store in Q2 and another in Q3 at lease end; store count now 141.

## SEC filing metadata
- accession: 0001104659-25-074980
- form_type: 8-K
- ticker: TTSH
- cik: 0001552800
- company_name: TILE SHOP HOLDINGS, INC.
- filed_at: 2025-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552800/000110465925074980/0001104659-25-074980-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552800/000110465925074980/tm2521329d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-074980
- JSON: https://secwatch.observer/filing/0001104659-25-074980.json
- Plain text: https://secwatch.observer/filing/0001104659-25-074980.txt

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