Tilly's Q1 net loss $12.0M vs prior-year profit; comparable sales down 17.5%

TILLY'S, INC.

Net sales $123.6M, down 15.2% YoY; comparable net sales decreased 17.5%.
Operating loss $(17.3)M vs operating income $1.1M last year.
Net loss $(0.40) per share vs diluted EPS $0.03 last year.
Q2 FY2023 guidance: net sales $148M-158M; loss per share $(0.13)-(0.27).
Cash and marketable securities $93.4M, no debt; inventories up 1.6% per sq ft.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

TILLY'S, INC. reported the first quarter of fiscal 2023 ended April 29, 2023 results: revenue $123.6 million, net income $(12.0) million, EPS $(0.40) per share. Guidance reaffirmed.

Period: the first quarter of fiscal 2023 ended April 29, 2023
Revenue: $123.6 million
Net income: $(12.0) million
EPS: $(0.40) per share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

to the Company's operating results for the first quarter of fiscal 2023 ended April 29, 2023 versus the first quarter of fiscal 2022 ended April 30, 2022. • Total net sales were $123.6 million, a decrease of $22.1 million or 15.2%, compared to $145.8 million last year. Total comparable net sales, including both physical stores and e-commerce ("e-com"), decreased by

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TILLY'S, INC. filing history →

Source: SEC EDGAR

accession 0001628280-23-020498

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