Highest-materiality recent filing
Tile Shop to voluntarily delist from Nasdaq; small shareholders cashed out at $6.60 per share
Company will file Form 25 on Dec 17, 2025 to delist from Nasdaq; Form 15 on Dec 27 to deregister.
Stockholders approved 1-for-3,000 reverse split followed by 3,000-for-1 forward split; holders of <3,000 shares get $6.60/share in cash.
Tile Shop posts Q3 net loss of $1.6M, comparable sales down 1.4%; Board approves delisting plan
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%.
Tile Shop board OKs 'going dark' via reverse split; small holders cashed out at $6.60/sh
Reverse stock split ratio between 1-for-2,000 and 1-for-4,000; small holders receive $6.60 cash per share.
Tile Shop Q2 net sales down 3.4% to $88.3M; net income $0.4M vs $1.2M YoY
Comparable store sales declined 3.5% on lower traffic; gross margin fell 160 bps to 64.4%.
Tile Shop Q1 net income plunges 90% to $0.2M; revenue down 4.1%
Net sales of $88.0M down 4.1% YoY; comparable store sales down 4.0% on lower traffic.
Tile Shop Q4 net loss of $0.6M; sales -5.9%; promotes Kinder as Chief Merchant Officer
Q4 net loss $628K vs profit $636K; adjusted EBITDA $3.4M vs $6.6M.
Tile Shop Q3 net sales down 8.3%; net income $41K vs $1.8M last year
Net sales $84.5M versus $92.1M a year ago; comparable store sales fell 7.9%.
Tile Shop Q2 net sales down 7.3% to $91.4M; net income falls to $1.2M
Net sales of $91.4M, down 7.3% YoY; comparable store sales declined 6.9%.
Tile Shop Q1 net sales down 10.1% to $91.7M; EPS $0.04 vs $0.06
Net sales $91.7M vs $102.0M a year ago, a decline of 10.1%; comparable store sales down 10.2%.
Tile Shop CFO Karla Lunan departs; Mark Davis promoted to CFO effective April 1
Karla Lunan, SVP & CFO, will leave Tile Shop on April 1, 2024, to pursue another opportunity.
Tile Shop Q4 net sales down 3.4% YoY; EPS $0.01; full-year net income $10.1M
Q4 net sales $84.5M, down 3.4% YoY; comp store sales declined 3.2%.
On February 25, 2025, the Company promoted Joseph Kinder, the Company’s current Senior Vice President of Supply Chain & Distribution, to the position of Senior Vice President, Chief Merchant Officer.
the Board of Directors (the “Board”) of Tile Shop Holdings, Inc. (the “Company”) appointed Mark B. Davis, current Vice President, Investor Relations, and Chief Accounting Officer (Principal Accounting Officer) of the Company, as Senior Vice President, Chief Financial Officer and Secretary of the Company, effective as of April 1, 2024.
Karla Lunan, current Senior Vice President, Chief Financial Officer and Secretary, notified the Company that she is leaving the Company to pursue another opportunity, effective as of April 1, 2024.
appointed Mark B. Davis, current Vice President, Investor Relations, and Chief Accounting Officer (Principal Accounting Officer) of the Company as Senior Vice President, Chief Financial Officer and Secretary of the Company, effective as of April 1, 2024.
Max materiality 0.90 · Median 0.68 · Most common event earnings