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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.
AKQA has appointed Tesa Aragones as President of North America, overseeing studios and expanding clientele. This strategic move comes as AKQA aims to double its headcount in the U.S. over the next five years, capitalizing on growing investments in technology and digitalization. Tesa brings 25 years of leadership experience from brands like Nike and Volkswagen, emphasizing innovation and diversity. The agency has recently garnered multiple prestigious awards, indicating its strong market position and growth trajectory.
Tilly's, Inc. (TLYS) announced disappointing financial results for Q2 fiscal 2022, ending July 30, 2022. Total net sales were $168.3 million, a decrease of 16.7% from $202.0 million in Q2 2021. Comparable net sales also fell by 16.4%. Gross profit was $52.0 million (30.9% of net sales), down from $74.7 million (37.0%). Operating income dropped to $5.2 million (3.1% of net sales) from $26.4 million (13.1%). The company anticipates further sales declines in Q3, projecting net sales between $165 million and $170 million, with comparable sales down by 18% to 21%. The current environment is affected by inflation and supply chain issues.
Tilly's, Inc. (NYSE: TLYS) announced they will release their financial results for the second quarter of fiscal 2022 on September 1, 2022, after market close. A conference call, led by CEO Edmond Thomas and CFO Michael Henry, will take place at 4:30 p.m. ET to discuss the results. Interested participants can join via phone or a live webcast. As of July 30, 2022, Tilly's operated 242 stores across 33 states and offers a range of casual apparel and footwear for youth.
Tilly's, Inc. reported fiscal Q1 2022 results showing a 10.7% decrease in total net sales, totaling $145.8 million. Comparable net sales dropped 13.0% as physical store sales fell by 8.0% and e-commerce by 20.3%. Gross profit decreased to 30.1% of net sales, while SG&A expenses rose to 29.3%. Projecting Q2 2022, the company expects net sales between $170 million and $175 million, down from last year's $202 million, with significant challenges due to inflation and supply chain issues. The company remains debt-free with $111 million in cash.
Tilly’s, Inc. (NYSE: TLYS) announced its financial results for the first quarter of fiscal 2022, ending April 30, 2022, to be released on June 2, 2022, post-market. CEO Edmond Thomas and CFO Michael Henry will discuss the results in a conference call at 4:30 p.m. ET on the same day. Interested parties can join by phone or via a live webcast on the company’s website. Tilly's operates 241 stores across 33 states and offers a wide range of casual apparel and accessories for youth.
Tilly's, Inc. (NYSE: TLYS) has announced a share repurchase program, allowing the company to buy back up to 2 million shares of its Class A common stock over the next twelve months until March 14, 2023. Repurchases may occur through open market transactions or other approved means, in accordance with federal securities laws. The Board has not committed to a specific number of shares and may modify or discontinue the program as needed. The decision on timing and amount will depend on market price, corporate needs, and economic conditions.
Tilly's, Inc. (TLYS) reported robust financial results for Q4 and full fiscal 2021, with net sales reaching $204.5 million, up 14.9% year-over-year. The company achieved a record EPS of $0.38 in Q4. Physical store sales surged by 24.2% while e-commerce sales declined by 5.6%. The gross profit improved to $70.4 million with a gross margin of 34.4%. For fiscal 2022, Tilly's anticipates a challenging environment due to tough comparisons and a forecasted sales range of $143 million to $148 million for Q1, reflecting a potential decrease of 10% to 13% compared to last year.
Tilly's, Inc. (TLYS) will release its financial results for the fourth quarter of fiscal 2021, ending January 29, 2022, on March 10, 2022, after market close. CEO Edmond Thomas and CFO Michael Henry will discuss results during a conference call at 4:30 p.m. ET. Interested parties can join the call by dialing (877) 407-4018 for domestic or (201) 689-8471 for international. A replay will be available until March 17, 2022. Tilly's operates 241 stores across 33 states and offers a wide range of casual apparel and accessories for the active lifestyle.
Tilly's, Inc. (TLYS) reported a solid performance for the nine-week holiday period ending January 1, 2022, with net sales reaching $173.3 million, reflecting a 16.5% increase from $148.7 million in the previous year. Comparable net sales rose 14.1%, with physical store sales up 23.2%. However, e-commerce sales fell 5.7%. The company expects its fourth quarter results to be record-breaking, forecasting net sales between $203 million and $205 million and earnings per share between $0.39 and $0.42.
Tilly's, Inc. (NYSE: TLYS) will present virtually at the ICR Conference 2022 on January 10 at 3:30 p.m. ET. CEO Ed Thomas and CFO Mike Henry will host the presentation in a fireside chat format. The webcast will be available on the company's Investor Relations website. Tilly's is a leading retailer of casual apparel, footwear, and accessories, operating 244 stores across 33 states and serving a lifestyle-oriented demographic.
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