Tillys Earnings Reports

Tillys' Q4 2024 revenue was $147.3 million, down 14.9% year-over-year due to weak store and e-commerce sales. Comparable net sales declined by 11.2%. Gross margin decreased to 26.0%, impacted by lower sales volume. SG&A expenses were reduced slightly but remained high relative to revenue. The company reported a net loss of $13.7 million, compared to a net loss of $20.6 million in Q4 2023.

Tilly's Inc. reported a slight increase in total net sales, reaching $162.9 million, and an improvement in gross profit margin to 30.7%. The company's operating loss decreased to $0.9 million, and net loss was $0.1 million, or $0.00 per share.

Tilly's reported a decrease in net sales by 6.3% to $115.9 million and a net loss of $19.6 million, or $0.65 per share for the first quarter of fiscal year 2024. The company faced headwinds from the macro environment, but made progress on improving product margins and customer engagement.

Tilly's, Inc. announced its financial results for the fourth quarter of fiscal 2023, which ended on February 3, 2024. The company experienced a decrease in total net sales by 4.1% compared to the same quarter last year. The GAAP loss per share was $(0.69), while the non-GAAP loss per share was $(0.17).

Tilly's reported a decrease in total net sales by 6.4% to $166.5 million, and a net loss of $(0.8) million, or $(0.03) per share, compared to a net income of $5.1 million, or $0.17 per diluted share, last year. The company managed to protect product margins, manage inventories, and control operating expenses. Comparable net sales decreased by 9.0%.

Tilly's reported a decrease in net sales by 5.0% to $160.0 million, with a comparable sales decrease of 8.5%. Despite the sales decline, prudent expense management led to better than expected results. The company reported a net loss $(1.1) million, or $(0.04) per share.

Tilly's Inc. reported a decrease in net sales by 15.2% to $123.6 million for the first quarter of fiscal 2023, with a comparable net sales decrease of 17.5%. The company experienced a net loss of $(12.0) million, or $(0.40) per share, compared to a net income of $0.8 million, or $0.03 per diluted share, in the same quarter last year. The decline was attributed to the impact of inflation and potential recessionary concerns affecting their customer demographic.

Tilly's reported Q4 2022 net sales of $180.4 million, a decrease of 11.8% compared to the previous year. The company experienced an operating loss of $1.1 million, and net income was $0.3 million, or $0.01 per diluted share.

Tilly's Inc. announced its Q3 2022 financial results, revealing total net sales of $177.8 million, a 13.7% decrease compared to the previous year. Despite a challenging environment, the company's performance exceeded expectations, and they are implementing strategies for improved fiscal 2023 performance.

Tilly's Inc. announced its second quarter fiscal 2022 results, which were negatively impacted by the highest inflationary environment in 40 years. Total net sales decreased by 16.7% to $168.3 million, and net income fell to $3.8 million, or $0.13 per diluted share, compared to $20.4 million, or $0.66 per diluted share, in the same quarter last year.

Tilly's, Inc. announced its first quarter fiscal 2022 results, with total net sales decreasing by 10.7% to $145.8 million compared to the previous year's record. Operating income was $1.1 million, a significant decrease from $14.9 million in the prior year. Net income also declined to $0.8 million, or $0.03 per diluted share, compared to $11.0 million, or $0.36 per diluted share, in the first quarter of fiscal 2021.