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Tilly's Inc. (symbol: TLYS) is a prominent specialty retailer in the action sports industry, offering a diverse range of clothing, shoes, and accessories. Founded in Southern California in 1982, Tilly's has expanded to 220 stores across 33 states. The company boasts one of the largest assortments of brands and merchandise from top names in surf, skate, motocross, and lifestyle apparel industries, available both in-store and online at tillys.com.
Tilly's Inc. is dedicated to providing casual apparel, footwear, and accessories for young men, young women, boys, and girls. The company offers an unparalleled selection of relevant brands, styles, colors, sizes, and price points. Its offerings include branded fashion and core styles for tops, outerwear, bottoms, and dresses, as well as backpacks, hats, sunglasses, headphones, handbags, watches, and jewelry. Tilly's markets products from renowned brands such as Vans, RVCA, Adidas, Nike SB, and Hurley.
Tilly's operates its stores in various locations including malls, lifestyle centers, power centers, community centers, outlet centers, and street-front locations. The company also has a strong e-commerce presence, providing a seamless shopping experience for its customers. The distinct look and feel of Tilly’s stores create a unique, creative, and fun shopping environment.
In recent achievements, Tilly's has continued to adapt to the latest trends, ensuring an ever-evolving and relevant assortment of merchandise. The company's ability to access the most popular brands allows it to maintain an edge in the competitive retail market. Financially, Tilly's remains in a stable condition, focusing on strategic growth and customer engagement. Tilly's partnerships with key brands and consistent product updates ensure it remains a go-to retailer for action sports enthusiasts and fashion-forward individuals.
Tilly’s, Inc. (NYSE: TLYS) has appointed Laura Janney as Executive Vice President and Chief Merchandising Officer, effective May 8, 2023. She will manage all merchandising operations, including buying, sourcing, and product development. Janney comes from Hudson’s Bay, where she served as Chief Merchandising Officer, and has over 30 years of experience at Nordstrom (NYSE: JWN) in various roles. CEO Ed Thomas expressed excitement about Janney's extensive retail experience, highlighting the expected value she will bring to Tilly’s. The company operates 249 stores across 33 states and has an online presence at www.tillys.com.
Tilly’s reported a challenging fiscal 2022, with fourth-quarter net sales of $180.4 million, down 11.8% year-over-year, and e-commerce sales declining by 13.4%. The overall performance for fiscal 2022 saw total net sales at $672.3 million, a 13.3% drop from the previous year. Despite a slight net income of $0.3 million in Q4, down from $12.1 million last year, the company ended the year with $113.3 million in cash and no debt. Looking ahead, Tilly’s expects a continued decrease in sales for Q1 2023, estimating a loss per share between $(0.27) to $(0.41.
Tilly's, Inc. (NYSE: TLYS) announced participation in two upcoming conferences: the ROTH Conference on March 14, 2023, and the UBS Global Consumer and Retail Conference on March 16, 2023. CEO Ed Thomas and CFO Michael Henry will engage in discussions at these events. A live webcast of the fireside chat at the UBS Conference will be available on Tilly's Investor Relations website. The retailer specializes in casual apparel and accessories, operating 249 stores across 33 states as of January 28, 2023.
Tilly's, Inc. (NYSE: TLYS) will release its fourth quarter fiscal 2022 financial results on March 9, 2023, after market close. The results pertain to the quarter ending January 28, 2023. CEO Edmond Thomas and CFO Michael Henry will host a conference call at 4:30 p.m. ET to discuss the results. Investors can join the call by dialing (877) 300-8521 for domestic or (412) 317-6026 for international participants, starting at 4:25 p.m. ET. A live webcast will be available on www.tillys.com. The call replay will be accessible until March 16, 2023.
Tilly’s, Inc. (NYSE: TLYS) reported a decrease in net sales of $150.9 million during the nine-week holiday period ending December 31, 2022, down 12.9% from $173.3 million in 2021. Comparable net sales fell 14.4%, with physical store sales down 15.3% and e-commerce down 12.8%. The company attributes these declines to inflation affecting customer spending. Despite the challenges, Tilly’s ended the period debt-free with $145.9 million in cash and marketable securities. A fiscal 2022 fourth quarter loss per share is expected between $(0.01) and $(0.04).
Tilly’s, Inc. (NYSE: TLYS) announced participation in the ICR Conference 2023 on January 9 at 9:00 a.m. ET. CEO Ed Thomas and CFO Mike Henry will engage in a fireside chat discussing company insights. The event will be webcast live via Tilly’s Investor Relations website. Tilly’s specializes in casual apparel and accessories for youth, operating 250 stores across 33 states and a robust online presence. This engagement aims to enhance investor communication and share strategic updates.
Tilly's, Inc. (TLYS) reported Q3 fiscal 2022 results with total net sales of $177.8 million, down 13.7% from $206.1 million last year. Comparable net sales decreased by 14.9%, with store sales at $141.5 million and e-commerce at $36.3 million. Gross profit dropped to $54.6 million (30.7% of sales) from $76.7 million (37.2%). Operating income fell to $6.3 million (3.6% of sales) compared to $29 million (14.1% last year). Net income was $5.1 million ($0.17/share), down from $20.8 million ($0.66/share). For Q4, Tilly's forecasts net sales between $183 million and $188 million.
Tilly’s, Inc. (NYSE: TLYS) will announce its third quarter financial results for fiscal 2022 on December 1, 2022, after market close. The conference call featuring CEO Edmond Thomas and CFO Michael Henry will begin at 4:30 p.m. ET the same day. Investors can join via phone or a live webcast at www.tillys.com. As of October 29, 2022, Tilly’s operates 247 stores across 33 states, offering casual apparel, footwear, and accessories for young consumers.
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