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Article Date: September 2020
Word Count: 381

Tilly’s Sees Weak Q2 Sales Persist in August


Net income was cut by 43% to $5,266,000 in the second quarter from $9,284,000 last year, on revenues that were down 16% to $135,845,000 from $161,738,000, as a 40% plunge in brick-and-mortar sales to $83.9 million more than offset a 128% gain in e-commerce sales to $52.0 million. Traffic was down over 30%, as TLYS entered Q2 with all 239 stores closed, reaching 144 reopened by the second half of May and 98% by early July. All departments comped down for the quarter, with women’s, men’s and footwear posting the best of the bad results. Girls’, boys’ and accessories turned ... Log in to view full article.

 


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