earnings
confidence high
sentiment positive
materiality 0.70
Tilly's reports record holiday net sales of $173.3M, expects best Q4 earnings in public-company history
TILLY'S, INC.
- Total net sales for nine-week holiday period ended Jan 1, 2022 were $173.3M, up 16.5% from $148.7M in prior year.
- Comparable net sales increased 14.1%, with physical stores up 23.2% while e-commerce decreased 5.7%.
- Company expects Q4 fiscal 2021 net sales between $203M and $205M and EPS between $0.39 and $0.42 per diluted share.
- Ended holiday period with $188.9M cash and marketable securities and no debt outstanding.
- Paid aggregate of $61.6M in special cash dividends to shareholders in July and December 2021.