Tillys Inc Stock Price, News & Analysis

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.

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.