Tile Shop Sales Down 4.1% in Q1, Earnings Drop Significantly

Minneapolis, MN, May 12, 2026-The Tile Shop reported net sales of $88 million for Q1 2026, a decrease of 4.1% from Q1 2025’s $91.7 million.

Sales decreased at comparable stores by 4.0% during the first quarter of 2025 compared to the first quarter of 2024, primarily due to a decrease in traffic.   

Net income for Q1 2026 was $172,000, a decline of 90% compared to net income of $1.7 million in Q1 2025.