secwatch.observer — SEC 8-K summary
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Issuer:     TILLY'S, INC. (TLYS)
CIK:        0001524025
Form:       8-K
Filed at:   2024-12-05T23:59:59+00:00
Accession:  0001628280-24-050061
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tilly's Q3 net loss widens to $0.43/share; net sales down 13.8% YoY
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- Net loss of $12.9M ($0.43/share) vs loss of $0.8M ($0.03/share) a year ago.
- Total net sales $143.4M, down 13.8% YoY; comparable net sales decreased 3.4%.
- Gross margin fell to 25.9% from 29.3%; operating loss of $14.1M vs $2.5M.
- Q4 outlook: net sales $149-156M, comparable sales down 9-5%, net loss $0.43-0.32/share.
- Ended quarter with $51.7M cash, no debt; plans to close 10 underperforming stores.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1524025/000162828024050061/0001628280-24-050061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1524025/000162828024050061/tlys-20241205.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-050061

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