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.
Tilly’s, Inc. (NYSE: TLYS) generates a steady flow of news as a specialty retailer of casual apparel, footwear, accessories, and hardgoods for young men, young women, boys, and girls. The company, headquartered in Irvine, California, frequently issues press releases on its operating results, strategic initiatives, and leadership changes, giving investors and followers regular insight into its business trends.
Much of the news around TLYS centers on quarterly and annual earnings announcements. These releases detail net sales, comparable net sales, the performance of physical stores versus e-commerce, gross profit, SG&A expenses, operating income or loss, and net income or loss. Management commentary often discusses merchandise assortment, inventory levels, expense control, and efforts to stabilize or improve sales and profitability. Tillys also provides outlook information for upcoming quarters, including expected ranges for net sales, comparable net sales, SG&A expenses, and net income or loss, as well as anticipated store counts and liquidity.
News coverage also includes corporate developments such as the appointment of Nathan (Nate) Smith as President and Chief Executive Officer and as a director, along with the continued role of the company’s Co-Founder as Executive Chairman. These items are disclosed via press releases and corresponding Form 8-K filings, outlining leadership transitions and related governance details.
Another important category of TLYS news involves operational and technology initiatives. For example, a release announcing a partnership with Nedap describes Tillys’ plan to deploy RFID technology across all stores to improve inventory accuracy, support omnichannel programs, and integrate data across physical stores, e-commerce, and its mobile app. Such updates provide context on how the company seeks to support its omnichannel strategy and enhance the customer experience.
Investors, analysts, and retail observers can use the TLYS news stream to track financial performance, store base changes, technology rollouts, and leadership updates. Regularly reviewing these items helps build a detailed picture of how Tillys manages its youth-focused retail business over time.
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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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