Tillys Q4 2022 Earnings Report
Key Takeaways
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.
Tillys
Tillys
Tillys Revenue by Segment
Forward Guidance
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.
Revenue & Expenses
Visualization of income flow from segment revenue to net income