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%.
Tile Shop restates Q2 2023 balance sheet, cites material weakness in lease accounting
Audit Committee determined June 30, 2023 financials should no longer be relied upon due to lease extension error.
Tile Shop reports Q3 net sales down 5.2%; net income drops to $1.8M; debt reduced $10M
Net sales $92.1M, down 5.2% YoY; comparable store sales down 4.9%.
Tile Shop Q2 net sales down 8.4%; EPS $0.12 vs $0.13; debt reduced $25.4M YTD
Net sales $98.6M, down 8.4% YoY; comparable store sales declined 8.0%.
Tile Shop Q4 net sales down 3.0%, full-year revenue record; completes $30M share buyback
Q4 net sales $87.5M (-3.0% YoY), comp store sales -2.8%; full-year net sales $394.7M (+6.5%), record revenue.
Tile Shop Q3 sales up 5.3%; gross margin slips to 66.5%; completes $30M buyback
Q3 net sales $97.2M (+5.3% YoY); comp store sales +5.3% on higher average ticket.
Tile Shop authorizes $30M share repurchase program, citing undervaluation
Board unanimously approved $30M stock repurchase; no expiration but may be suspended.
Tile Shop Q2 net sales up 11.9% to $107.6M; gross margin contracts to 66.0%
Net sales $107.6M (+11.9% YoY); comparable store sales +12.0% driven by higher prices.
Tile Shop Q1 net sales hit record $102.5M (+11.3% YoY); net income falls to $3.5M
Net sales $102.5M (+11.3% YoY) and comparable store sales +10.7% driven by higher prices.
Tile Shop Q4 net sales up 10.6% to $90.2M; net income $1.8M; special dividend of $0.65/share
Net sales $90.2M (+10.6% YoY); comparable store sales +10.3%; net income $1.8M ($0.04 diluted EPS).
Tile Shop amends credit agreement to exclude special dividend from fixed charge calculation
Special dividend of $0.65 per share announced Nov 4, payable Dec 3, record Nov 19.
Tile Shop Q3 sales up 13.2% to $92.2M; declares special dividend $0.65/share
Q3 net sales $92.2M (+13.2% YoY); comparable store sales +12.8%.
Tile Shop Q2 net sales surge 42% to $96.2M; net income $5.5M vs loss last year
Net sales of $96.2M, +42.0% YoY; comp store sales +41.6%.
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.
appointed Karla Lunan as Senior Vice President, Chief Financial Officer and Secretary of the Company, effective as of January 3, 2022.
Nancy DiMattia, who is retiring as Chief Financial Officer of the Company effective January 3, 2022
Max materiality 0.90 · Median 0.65 · Most common event earnings