Tilly's, Inc. Provides Earnings Guidance for the First Quarter of Fiscal Year 2024
March 14, 2024 at 04:05 pm EDT
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Tilly's, Inc. provided earnings guidance for the first quarter of fiscal year 2024. The Company currently estimates that its fiscal 2024 first quarter net sales will be in the range of approximately $109 million to $119 million, translating to an estimated comparable net sales decrease in the range of approximately (14)% to (7)%, respectively, compared to last year. The Company currently expects its loss per share for the first quarter of fiscal 2024 to be in the range of $0.42 to $0.54 based on estimated weighted average shares of approximately 29.9 million.
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. 
