Tilly's, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 28, 2023
November 30, 2023 at 04:05 pm EST
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Tilly's, Inc. reported earnings results for the third quarter and nine months ended October 28, 2023. For the third quarter, the company reported sales was USD 166.48 million compared to USD 177.85 million a year ago. Net loss was USD 0.847 million compared to net income of USD 5.15 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to basic earnings per share from continuing operations of USD 0.17 a year ago. Diluted loss per share from continuing operations was USD 0.03 compared to diluted earnings per share from continuing operations of USD 0.17 a year ago.
For the nine months, sales was USD 450.06 million compared to USD 491.93 million a year ago. Net loss was USD 13.94 million compared to net income of USD 9.78 million a year ago. Basic loss per share from continuing operations was USD 0.47 compared to basic earnings per share from continuing operations of USD 0.32 a year ago. Diluted loss per share from continuing operations was USD 0.47 compared to diluted earnings per share from continuing operations of USD 0.32 a year ago.
Tilly's, Inc. is a specialty retailer of casual apparel, footwear and accessories for young men, young women, boys and girls. The Companyâs stores are located in a variety of retail centers, including malls, lifestyle centers, power centers, community centers, outlet centers, and street-front locations. The Company also offers online shopping, where it offers the same products as it offers in stores, supplemented by additional online-only styles. The Company operates approximately 249 stores in 33 states. The Company's third-party brands include Adidas, BDG, Billabong, Birkenstock, Brixton, Champion, Converse, Diamond Supply, Dickies, Dr. Martens, Ethika, Free People, G-Shock, Herschel Supply Co., HUF, Hydro Flask, Jansport, Levi's, New Balance Nike, SB, O'Neill, Stance and others. It supplement its third-party merchandise assortment with its own brands across many of its product categories. It sells merchandise over the Internet through its e-commerce Website, www.tillys.com.
TILLY'S, INC. 
