Tile Shop Holdings, Inc.
NASDAQ•TTSH
CEO: Mr. Cabell H. Lolmaugh
Sector: Consumer Cyclical
Industry: Home Improvement
Listing Date: 2012-08-22
Tile Shop Holdings, Inc. operates as a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories in the United States. The company offers natural stone products, including marble, travertine, granite, quartz, sandstone, slate, and onyx tiles; and man-made products, comprises ceramic, porcelain, glass, cement, wood look, and metal and luxury vinyl tile. It also manufactures setting and maintenance materials, such as thinset, grout, and sealers; and accessories which includes installation tools, shower and bath shelves, drains, and related products. In addition, the company offers customers delivery service through third-party freight providers. It sells its products under the Superior Adhesives & Chemicals, Superior Tools & Supplies, Rush River, and Fired Earth brands. Tile Shop Holdings, Inc. was founded in 1985 and is headquartered in Plymouth, Minnesota.
Contact Information
Market Cap
$167.68M
P/E (TTM)
-98.3
17.5
Dividend Yield
--
52W High
$7.75
52W Low
$2.96
52W Range
Rank44Top 53.8%
3.7
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.7 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q3 2025 Data
Revenue
$83.06M-1.70%
4-Quarter Trend
EPS
-$0.04-4177.78%
4-Quarter Trend
FCF
-$3.68M+727.42%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Strategic Delisting Plan Approved Board approved plan to delist, split stock, anticipating $2.4M annual cost savings after transaction completion.
Cash Position Strengthened Cash and equivalents totaled $24.145 M at quarter end, providing liquidity for operations and inventory needs.
Operating Cash Flow Generated Net cash provided by operating activities was $11.257 M for nine months, supporting capital expenditure requirements.
Inventory Levels Stable Total inventories stand at $87.240 M, slightly increased from year-end, reflecting ongoing merchandise management.
Risk Factors
Gross Margin Rate Erosion Q3 gross margin rate fell to 62.9% from 66.5% due to increased product costs and discounting pressures.
Operating Income Deterioration Nine-month operating loss reached $(1.344) M, reversing prior period's $4.384 M operating income result.
Declining Store Traffic Comparable store sales decreased 1.4% in Q3 and 3.0% over nine months due to lower customer traffic levels.
Delisting Transaction Costs Going Dark Transaction estimated cost is $8.6M plus expenses, funded by cash on hand and potential credit line borrowings.
Outlook
Focus on Core Operations Completing stock split and deregistration to eliminate public company costs, allowing management increased focus on core strategy.
Managing Trade Policy Risks Actively analyzing tariff impacts, shifting sourcing strategy away from high-tariff countries to mitigate cost increases.
Liquidity Supports Operations Expect current cash ($24.145 M) and credit facility to cover operations and capital expenditures over next twelve months.
Peer Comparison
Revenue (TTM)
FLWS$1.66B
$741.43M
$654.40M
Gross Margin (Latest Quarter)
GAMB91.3%
60.3%
58.5%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| HVT | $427.49M | 50.4 | 2.7% | 32.5% |
| MOV | $352.70M | 24.4 | 4.2% | 11.0% |
| STRT | $333.06M | 13.7 | 10.8% | 1.3% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
1.5%
Moderate Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
50%
Cash Flow Needs Attention
Research & Insights
Next earnings:Feb 25, 2026
EPS:-
|Revenue:-
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Nov 4, 2025|Revenue: $83.06M-1.7%|EPS: $-0.04-4177.8%N/AForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Aug 7, 2025|Revenue: $88.26M-3.4%|EPS: $0.01-68.1%N/AForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: May 8, 2025|Revenue: $88.01M-4.1%|EPS: $0.00-89.9%N/AForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Feb 27, 2025|Revenue: $347.07M-8.0%|EPS: $0.05-76.9%BeatForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Nov 7, 2024|Revenue: $84.51M-8.3%|EPS: $0.00-97.9%MissForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 8, 2024|Revenue: $91.38M-7.3%|EPS: $0.03-76.8%MissForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: May 9, 2024|Revenue: $91.73M-10.1%|EPS: $0.04-33.2%MissForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Feb 29, 2024|Revenue: $377.15M-4.4%|EPS: $0.23-28.1%Beat