Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of Tile Shop Holdings (NASDAQ:TTS) were looking stronger today, gaining as much as 23% after the company reported fourth-quarter earnings. 

So what: The flooring retailer turned in another impressive quarter as sales increased 25.2% on a 10.1% same-store sales jump. Despite the large gains, the company cited harsh weather as having a negative impact on sales toward the end of the quarter. Profits fell as operating costs outgrew sales, and adjusted EPS declined from $0.09 to $0.04, matching estimates. The company has been expanding rapidly in the last year, adding infrastructure and growing its store base by 30% with eight stores in the fourth quarter alone, which may explain the sliding profits. 

Now what: Addressing the drop in profits, CEO Robert Rucker said, "We continue to firmly believe that as our new stores mature, we will return to historic levels of profitability." For the coming year, Tile Shop expects same-store sales to increase by 5% to 7% and to see revenue of $285 million to $295 million against the analyst consensus at $288.4 million. On the bottom line, it sees EPS of $0.43 to $0.47, also in line with analyst estimates at $0.45. Tile Shop is largely a play on the housing recovery, so look for those estimates to move upward if home sales continue to grow. 

One stock for 2014
There's a huge difference between a good stock and a stock that can make you rich. The Motley Fool's chief investment officer has selected his No. 1 stock for 2014, and it's one of those stocks that could make you rich. You can find out which stock it is in the special free report "The Motley Fool's Top Stock for 2014." Just click here to access the report and find out the name of this under-the-radar company.

Jeremy Bowman has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Tile Shop Holdings. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.