Welcome to our dedicated page for Tillys news (Ticker: TLYS), a resource for investors and traders seeking the latest updates and insights on Tillys stock.
Tillys Inc (TLYS) is a leading action sports retailer specializing in surf, skate, and motocross lifestyle apparel. This page provides investors and industry observers with direct access to the company’s official announcements, financial updates, and strategic developments.
As a centralized resource for Tillys news, this page aggregates press releases, earnings reports, and operational updates. Users can track key developments including product launches, retail expansions, and partnership announcements while staying informed on leadership changes and market positioning.
Content is curated to serve both casual observers and professional analysts, with all materials sourced directly from company communications. Bookmark this page for streamlined access to Tillys’ latest updates and historical announcements, ensuring you remain informed on this specialty retailer’s trajectory.
Tilly's (NYSE: TLYS) reported disappointing fourth quarter fiscal 2024 results with total net sales of $147.3 million, marking a 14.9% decrease from the previous year. The company experienced an 11.2% decline in comparable net sales across both physical stores and e-commerce.
Key financial metrics include:
- Physical store sales decreased 13.7% to $108.3 million
- E-commerce sales fell 17.8% to $39.0 million
- Gross profit margin declined to 26.0% from 27.0%
- Operating loss increased to $14.1 million (9.6% of net sales)
- Net loss of $13.7 million, or $0.45 per share
For fiscal 2024 full year, total net sales were $569.5 million, down 8.6%. The company ended the period with $46.7 million in cash and equivalents, and projects first quarter fiscal 2025 net sales between $105-111 million with an expected net loss of $0.68-$0.58 per share.
Tilly's (NYSE: TLYS) has scheduled its fiscal 2024 fourth quarter financial results announcement for March 12, 2025, after market close. The company will host a conference call at 4:30 p.m. ET (1:30 p.m. PT) on the same day, featuring Co-Founder, Executive Chairman, President and CEO Hezy Shaked, and CFO Michael Henry.
Investors and analysts can participate by dialing (877) 300-8521 (domestic) or (412) 317-6026 (international). A live webcast will be available at www.tillys.com under the Investor Relations section. A replay will be accessible until March 19, 2025, via phone at (844) 512-2921 (domestic) or (412) 317-6671 (international) using conference ID: 10197060.
Tilly's (NYSE: TLYS) has announced the appointment of Michael Relich to its Board of Directors. Relich brings over 40 years of retail experience, specializing in systems and information technology. His most recent position was co-CEO of PacSun, and he previously served on the board of PSEB , where he held roles as Interim CEO and COO. The new board member has extensive experience in C-level positions at major retailers including Lucky Brand, Crate & Barrel, Guess (NYSE: GES), and Wet Seal. He currently serves on the advisory board of several technology companies. Executive Chairman Hezy Shaked expressed confidence that Relich's expertise in teen and young adult retail, combined with his IT knowledge, will be valuable additions to the board.
Tilly's announced its fiscal 2024 third-quarter results, highlighting a 13.8% decline in total net sales to $143.4 million, affected by a calendar shift. Comparable net sales dropped by 3.4%. Physical store sales decreased by 16%, while e-commerce sales fell by 5.4%. Gross profit was $37.2 million, or 25.9% of net sales, down from 29.3% last year. SG&A expenses were $51.3 million, or 35.7% of net sales, up from 30.8%. The company reported an operating loss of $14.1 million and a net loss of $12.9 million, or $0.43 per share.
Year-to-date, total net sales decreased by 6.2% to $422.2 million. Comparable net sales dropped by 6.8%. The company reported a net loss of $32.6 million, or $1.08 per share. Tilly's ended the quarter with $51.7 million in cash and no debt.
For Q4, the company expects net sales between $149 million and $156 million, a comparable net sales decrease of 9% to 5%, and a net loss between $13.0 million and $9.5 million, or $0.43 to $0.32 per share.
Tilly's (NYSE: TLYS) has scheduled its fiscal 2024 third quarter financial results announcement for December 5, 2024, after market close. Co-Founder and CEO Hezy Shaked and CFO Michael Henry will host a conference call at 4:30 p.m. ET to discuss the results. Investors can join via phone at (877) 300-8521 (domestic) or (412) 317-6026 (international), or through a webcast at www.tillys.com. A replay will be available until December 12, 2024, using conference ID: 10193481.
Tillys, Inc. (NYSE: TLYS) has announced the appointment of Hezy Shaked as its permanent President and Chief Executive Officer, effective September 11, 2024. Shaked, the company's co-founder and Executive Chairman of the Board, had been serving as Interim President and CEO since January 21, 2024. With 42 years of history behind the company, Shaked expressed his deep commitment to improving the business.
During his interim tenure, Shaked has been reviewing all aspects of the business, leveraging his perspective as co-founder and his extensive retail industry experience to work towards enhancing Tillys' operating performance. This appointment removes the interim tag from his position, solidifying his leadership role in the company.
Tilly's, Inc. (NYSE: TLYS) reported financial results for Q2 fiscal 2024. Total net sales increased 1.8% to $162.9 million, while comparable net sales decreased 7.8%. Gross profit improved to 30.7% of net sales, up from 27.7% last year. The company reported a net loss of $0.1 million, or $0.00 per share, compared to a net loss of $1.1 million, or $0.04 per share, last year.
For Q3 fiscal 2024, Tilly's expects net sales between $140-$146 million, with a comparable net sales decrease of 6% to 2%. The company anticipates a pre-tax loss of $11.6-$8.7 million and a net loss per share of $0.39-$0.29.
Tilly's, Inc. (NYSE: TLYS) has announced that it will release its financial results for the second quarter of fiscal 2024, which ended on August 3, 2024, after the market close on Thursday, September 5, 2024. The company will host a conference call at 4:30 p.m. ET (1:30 p.m. PT) on the same day to discuss the results. Hezy Shaked, Interim President and CEO, and Michael Henry, Executive VP and CFO, will lead the call.
Investors and analysts can participate by dialing (877) 300-8521 (domestic) or (412) 317-6026 (international). A live webcast will also be available on the company's website. A telephone replay will be accessible until September 12, 2024, using the conference identification number: 10191499.
Tilly's reported its first quarter fiscal 2024 results, ending May 4, 2024.
Key financials include a GAAP net loss per share of $0.65 and a non-GAAP net loss per share of $0.48, aligning with the midpoint of the company's outlook range.
Total net sales decreased by 6.3% to $115.9 million, with comparable net sales dropping by 9.4%. Physical store sales fell by 5.1% to $92.8 million, while e-commerce sales declined by 10.8% to $23.0 million.
Gross profit remained steady at 21.0% of net sales, but operating losses increased to $20.8 million from $17.3 million in the previous year.
The report highlighted a $1.5 million increase in non-cash store asset impairment charges and a $1.0 million rise in store payroll and benefits costs. The company's cash and securities were down to $68.0 million from $93.4 million last year.
Looking ahead, Tilly's forecasts second quarter net sales between $160 million and $165 million, with an estimated net loss per share of $0.13 to $0.03.
Tilly’s, Inc. (NYSE: TLYS) will release its financial results for the first quarter of fiscal 2024 on June 6, 2024. The conference call, hosted by Interim President and CEO Hezy Shaked and CFO Michael Henry, will take place at 4:30 p.m. ET. Investors can join via phone or webcast.
