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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) 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.
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.
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