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, 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.
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