secwatch.observer — SEC 8-K summary
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Issuer:     TILLY'S, INC. (TLYS)
CIK:        0001524025
Form:       8-K
Filed at:   2024-03-14T23:59:59+00:00
Accession:  0001628280-24-011214
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tilly's reports Q4 GAAP loss per share $(0.69); non-GAAP loss $(0.17)
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- Total net sales $173.0M, down 4.1% from $180.4M; comparable sales down 8.8%.
- GAAP net loss $(20.6)M vs $(0.1)M last year; non-GAAP net loss $(5.2)M.
- Operating loss $(8.5)M vs $(1.4)M; gross margin 27.0% vs 29.0% due to markdowns.
- Full year net loss $(34.5)M vs net income $9.7M; comparable sales down 10.6%.
- Non-cash deferred tax asset valuation allowance of $15.4M recorded in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1524025/000162828024011214/0001628280-24-011214-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1524025/000162828024011214/tlys-20240314.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-011214

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer