Preview - Please log in to view full article.

Article Date: August 2023
Word Count: 325

Tilly’s Says Losses will Continue


Net results swung to a loss of $1,125,000 from income of $3,819,000 in the prior year on a 5% decline in sales to $159,951,000 from $168,308,000, that included 5% lower brick-and-mortar sales and a 3% drop in e-commerce to $30.2 million. Blended comps were down 8.5%, starting with an -11.3% in May followed by negative high singles in June and July. Spring/summer collections sequentially improved from Q1 across geographies, while girls’ and footwear both comped positive for the quarter. Women’s and boys’ turned in low-singles declines, with double-digit declines in men’s ... Log in to view full article.

 


Already a subscriber?

User Name:

Password:


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.