TTSHOTCRetail-Home Furniture, Furnishings & Equipment StoresUS GAAP · USD

Tile Shop Holdings, Inc.

Tile Shop Holdings, Inc. is a U.S.-based specialty retailer focused on man-made and natural stone tile, luxury vinyl tile, setting and maintenance materials, and related accessories. The company operates a showroom-oriented store network across the United States and also sells through its website, with products sourced from a global supplier base and some materials manufactured in-house.

Liikevaihto337milj. USD
−3,0 %v/v
Liikevoitto (EBIT)−5,8milj. USD
−265,3 %v/v
EBIT-marginaali−1,7%
−2,7 %-yks.v/v
Nettotulos−4,5milj. USD
−293,6 %v/v
Vapaa kassavirta−3,8milj. USD
−130,0 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−1000100200300400milj. USD2020: 325 milj. USD2020: EBIT 6,4 milj. USD20202021: 371 milj. USD2021: EBIT 21 milj. USD20212022: 395 milj. USD2022: EBIT 23 milj. USD20222023: 377 milj. USD2023: EBIT 16 milj. USD20232024: 347 milj. USD2024: EBIT 3,5 milj. USD20242025: 337 milj. USD2025: EBIT −5,8 milj. USD2025337−5,8
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Tile products70 %

Natural stone, ceramic, porcelain, glass, cement, wood-look, metal and other tile products sold through stores and online.

Luxury vinyl tile12 %

Vinyl flooring products offered as an alternative to traditional tile and other floor coverings.

Setting and maintenance materials10 %

In-house and private-label thinset, grout, sealer and related installation materials.

Accessories and tools5 %

Related installation accessories, tools and ancillary products sold alongside tile purchases.

Freight and other service revenue3 %

Delivery-related charges and other service revenue tied to customer orders.

Asiakkaat

The company sells primarily to homeowners undertaking remodeling or replacement projects, which is the core demand driver for its showroom model. Professional customers such as installers, contractors and designers also buy from the chain, often influenced by homeowner preferences and the need for product availability, service and design support.

Homeowners

Buy tile and related materials for remodeling projects, especially kitchens, bathrooms and flooring.

Professional installers and contractors

Purchase tile, setting materials and accessories for customer jobs and repeat project work.

Designers and trade specifiers

Select products for residential projects where appearance, assortment and availability matter.

DIY customers

Buy through stores or online and rely on educational content, samples and showroom displays.

Strategia

The company’s strategy centers on a showroom-led retail model supported by broad assortment, proprietary brands and in-stock availability. It also emphasizes direct sourcing, in-house manufacturing of setting materials and digital tools that help customers research, sample and purchase products across channels.

Strengthen showroom and omnichannel sellingLyhyt aikaväli

The store experience is central to customer conversion in a category where visual presentation matters.

Broaden proprietary and private-label assortmentKeskipitkä aikaväli

Owned brands can differentiate the offering and support customer loyalty.

Improve sourcing flexibility and supply continuityKeskipitkä aikaväli

A global supplier network helps the company manage assortment and availability.

Maantiede

Tile Shop operates entirely in the United States, with stores across 31 states and the District of Columbia. Its distribution centers are located in Michigan, Oklahoma and Virginia, while products are sourced globally and imported into the U.S. for store fulfillment.

Riskit

The business is exposed to tariff changes, import cost inflation and supply-chain disruption because a large share of products is sourced internationally. It also faces intense competition from specialty tile retailers, home centers, online sellers and other flooring categories, while store-level performance depends on remodeling demand, traffic and product availability.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Tariffs and import cost inflation1Supply-chain disruption2Competitive pressure3Demand cyclicality tied to remodeling4Cybersecurity and payment data exposure5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Tariffs and import cost inflationVaikutus: KorkeaTodennäköisyys: Korkea

    A meaningful share of inventory is sourced from abroad, so duties and trade policy can increase product costs.

    Kohdistuu: Imported tile and related products

  2. Supply-chain disruptionVaikutus: KorkeaTodennäköisyys: Korkea

    The company relies on overseas manufacturers and international shipping to replenish stores and distribution centers.

    KohdistuuLead timesFreight delaysProduct availability
  3. Competitive pressureVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The retail tile market includes national home centers, specialty retailers, factory-direct stores and online competitors.

    KohdistuuPricingAssortmentCustomer serviceStore location
  4. Demand cyclicality tied to remodelingVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    A large portion of sales comes from home renovation activity, which is sensitive to housing and consumer trends.

    KohdistuuComparable store salesTrafficAverage ticket
  5. Cybersecurity and payment data exposureVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    The business processes card payments and stores customer and supplier information across digital systems.

    KohdistuuE-commercePOS systemsPersonal data

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition

Sales are recognized when control transfers, while freight charges are recognized when service is performed.

Vaikutus: Affects timing of reported sales and service revenue

Inventory valuation and shrinkage reserves

Management estimates reserves based on historical shrinkage, margins and current trends.

Vaikutus: Can affect cost of sales and operating income

Long-lived asset impairment

Store assets are tested at the individual store level using expected future cash flows.

Vaikutus: Can create impairment charges when store economics weaken

Lease accounting

Stores are leased, so right-of-use assets and lease liabilities are significant balance-sheet items.

Vaikutus: Affects leverage, occupancy expense presentation and impairment testing

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026