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Article Date: March 2021
Word Count: 521

Tilly’s Sees Income Improve in Q4 on Higher Sales


Net income gained 41% to $8,871,000 from $6,273,000 on 3% higher revenues of $177,920,000 from $172,479,000, and a blended comp that was up 2.5%, while store comps fell 12.3%. Traffic was off 25% while conversion and ATV posted gains. E-commerce posted a 67% gain to $55.4 million, making up 31% of total sales versus 19% in the prior year. Store count stood at 238 at the end of quarter versus 240 in ’19, with nearly all stores open but under traffic and hours restrictions.

 

Women’s and footwear led with double-digit comp gains on a better assortment and several new brand introductions, ... Log in to view full article.

 


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