Tile Shop Holdings Inc

tileshop.com

Tile Shop Holdings Inc (OTC Pink: TTSH) is a specialty retail company that sells tile and related products through its own store network. Revenue is generated through direct retail sales of tile, stone, and installation-related merchandise to consumers and contractors. The company reported net sales of $336.8 million for the fiscal year ended December 31, 2025, down from $347.1 million in FY2024 and $377.1 million in FY2023, reflecting three consecutive years of declining top-line performance. Operating results swung to a loss from operations of $5.8 million in FY2025, compared to income from operations of $3.5 million in FY2024 and $16.2 million in FY2023. Total assets stood at $301.7 million as of December 31, 2025. The company delisted its common stock from Nasdaq on December 27, 2025, and shares now trade on OTC Markets Pink under the symbol TTSH. Following the filing of this 10-K for FY2025, the company does not expect to file further periodic reports with the SEC.