secwatch / observer
8-K filed December 1, 2022, 6:59 PM ET ticker TLYS CIK 0001524025
earnings confidence high sentiment negative materiality 0.70

Tilly's Q3 net sales down 14.9% comp, EPS $0.17 vs $0.66 YoY; Q4 EPS guidance $0.02-0.06

TILLY'S, INC.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TILLY'S, INC. reported the third quarter of fiscal 2022 ended October 29, 2022 results: revenue $177.8 million, net income $5.1 million, EPS $0.17 per diluted share.

Period
the third quarter of fiscal 2022 ended October 29, 2022
Revenue
$177.8 million
Net income
$5.1 million
EPS
$0.17 per diluted share
Result
reported results
Exact text from the filing
• Total net sales were $177.8 million, a decrease of $28.2 million or 13.7%, compared to $206.1 million last year. Total comparable net sales, including both physical stores and e-commerce ("e-com"), decreased by 14.9%. ◦ Net sales from physical stores were $141.5 million, a decrease of $23.7 million or 14.4%, compared to $165.3 million last year with a comparable store net sales decrease of 15.8%. Net sales from physical stores represented 79.6% of total net sales compared to 80.2% of total net sales last year. The Company ended the third quarter with 247 total stores compared to 243 total stores at the end of the third quarter last year. ◦ Net sales from e-com were $36.3 million, a decrease of $4.5 million or 11.1%, compared to $40.8 million last year. E-com net sales represented 20.4% of total net sales compared to 19.8% of total net sales last year. • Gross profit, including buying, distribution, and occupancy costs, was $54.6 million, or 30.7% of net sales, compared to $76.7 milli
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TILLY'S, INC. reported the first thirty-nine weeks of fiscal 2022 ended October 29, 2022 results: revenue $491.9 million, net income $9.8 million, EPS $0.32 per diluted share.

Period
the first thirty-nine weeks of fiscal 2022 ended October 29, 2022
Revenue
$491.9 million
Net income
$9.8 million
EPS
$0.32 per diluted share
Result
reported results
Exact text from the filing
• Total net sales were $491.9 million, a decrease of $79.3 million or 13.9%, compared to $571.2 million last year. Total comparable net sales, including both physical stores and e-com, decreased by 14.9%. ◦ Net sales from physical stores were $396.1 million, a decrease of $61.4 million or 13.4%, compared to $457.6 million last year with a comparable store net sales decrease of 14.7%. Net sales from stores represented 80.5% of total net sales compared to 80.1% of total net sales last year. ◦ Net sales from e-com were $95.8 million, a decrease of $17.8 million or 15.7%, compared to $113.6 million last year. E-com net sales represented 19.5% of total net sales compared to 19.9% of total net sales last year. • Gross profit including buying, distribution, and occupancy costs, was $150.4 million, or 30.6% of net sales, compared to $206.3 million, or 36.1% of net sales, last year. Buying, distribution and occupancy costs deleveraged by 300 basis points collectively despite being $0.9 million
View on SEC.gov

Browse all earnings releases →

TILLY'S, INC. filing history →

Source: SEC EDGAR
accession 0001628280-22-031237
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.