---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-106293"
form_type: "8-K"
ticker: "TTSH"
cik: "0001552800"
company_name: "TILE SHOP HOLDINGS, INC."
filed_at: "2025-11-04T23:59:59+00:00"
generated_at: "2026-05-17T00:37:14.906038+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Tile Shop posts Q3 net loss of $1.6M, comparable sales down 1.4%; Board approves delisting plan

## Summary
- Net loss of $1.6M ($0.04 diluted EPS) vs net income of $41K a year ago; gross margin fell to 62.9% from 66.5%.
- Comparable store sales down 1.4% on lower traffic; net sales declined 1.7% to $83.1M.
- Adjusted EBITDA dropped to $2.0M from $5.0M; cash and equivalents $24.1M, no debt on $75M credit line.
- Board approved plan to delist from Nasdaq and deregister SEC reporting, subject to shareholder vote at special meeting.
- Management cites pressure on selling prices, elevated discounts, and rising costs; awaiting interest rate catalyst.

## SEC filing metadata
- accession: 0001104659-25-106293
- form_type: 8-K
- ticker: TTSH
- cik: 0001552800
- company_name: TILE SHOP HOLDINGS, INC.
- filed_at: 2025-11-04T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552800/000110465925106293/0001104659-25-106293-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552800/000110465925106293/tm2530077d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-106293
- JSON: https://secwatch.observer/filing/0001104659-25-106293.json
- Plain text: https://secwatch.observer/filing/0001104659-25-106293.txt

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