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.
Total net sales decreased by 11.8% to $180.4 million.
Comparable net sales, including both physical stores and e-commerce, decreased by 13.7%.
Operating loss was $(1.1) million, compared to operating income of $17.3 million last year.
Net income was $0.3 million, or $0.01 per diluted share, compared to $12.1 million, or $0.38 per diluted share, last year.
The Company currently estimates that its fiscal 2023 first quarter net sales will be in the range of approximately $122 million to $133 million, translating to an estimated comparable net sales decrease of approximately 11% to 18.5% compared to the first quarter of fiscal 2022.
Visualization of income flow from segment revenue to net income