Tilly's, Inc. Reports Sales Results for the Nine-Weeks Period Ended December 31, 2022
January 09, 2023 at 11:30 am
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Tilly's, Inc. reported sales results for the nine-weeks period ended December 31, 2022. Total net sales of $150.9 million decreased by 12.9% for the 2022 holiday period compared to $173.3 million for last year's comparable nine-week holiday period ended January 1, 2022 (the 2021 holiday period). Total comparable net sales, including both physical stores and e-commerce, decreased by 14.4% for the 2022 holiday period compared to an increase of 14.1% for the 2021 holiday period.
Total comparable net sales increased by 0.2% relative to the comparable period of pre-pandemic fiscal 2019.
Tilly's, Inc. is a specialty retailer of casual apparel, footwear, accessories, and hardgoods 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. Customers may also shop online, where it features the same assortment of products as is carried in its stores, supplemented by additional online-only styles. The Company operates over 248 stores in 33 states. The Company's third-party brands include adidas, Champion, Dr. Martens, BDG, Converse, Edikted, Billabong, Crocs, Ethika, Birkenstock, Diamond Supply, Free People, Brixton, Dickies, G-Shock, Herschel Supply Co., HUF, Hydro Flask, Jansport, Levi's and others. It supplements its third-party merchandise assortment with its own proprietary brands across many of its product categories. It sells merchandise over the Internet through its e-commerce Website, www.tillys.com.