Announcement • Apr 21
Tilly's, Inc., Annual General Meeting, Jun 10, 2026 Tilly's, Inc., Annual General Meeting, Jun 10, 2026. Location: 12 whatney, irvine, california 92618, United States Reported Earnings • Mar 17
Full year 2026 earnings released Full year 2026 results: Net income: (up US$46.2m from FY 2025). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings. New Risk • Mar 16
New major risk - Revenue and earnings growth Earnings have declined by 67% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 67% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Market cap is less than US$100m (US$82.0m market cap). Major Estimate Revision • Mar 13
Consensus estimates of losses per share improve by 78% The consensus outlook for earnings per share (EPS) in fiscal year 2027 has improved. 2027 revenue forecast increased from US$548.9m to US$568.0m. EPS estimate increased from -US$0.78 per share to -US$0.17 per share. Specialty Retail industry in the US expected to see average net income growth of 23% next year. Consensus price target up from US$2.25 to US$3.00. Share price rose 81% to US$2.69 over the past week. Announcement • Mar 12
Illy's, Inc. Provides Earnings Guidance for the First Quarter of Fiscal Year Ending May 2, 2026 Tilly's, Inc. provided earnings guidance for the first quarter of fiscal year ending May 2, 2026. For the quarter, the company estimates Net sales in the range of approximately $119 million to $125 million, translating to an estimated comparable net sales increase of 16% to 22%, respectively, relative to last year's first quarter; Net loss of approximately $10.1 million to $8.0 million, respectively, with a near-zero effective income tax rate due to the continuing impact of a full, non-cash valuation allowance on deferred tax assets; and Per share results to be in the range of a net loss of $0.34 to $0.27, respectively, compared to a net loss per share of $0.74 for last year's first quarter, with estimated weighted average shares of approximately 30.1 million. Announcement • Feb 18
Tilly's, Inc. to Report Q4, 2026 Results on Mar 11, 2026 Tilly's, Inc. announced that they will report Q4, 2026 results at 4:00 PM, US Eastern Standard Time on Mar 11, 2026 Major Estimate Revision • Dec 11
Consensus EPS estimates upgraded to US$0.83 loss The consensus outlook for fiscal year 2026 has been updated. 2026 losses forecast to reduce from -US$1.25 to -US$0.83 per share. Revenue forecast steady at US$547.2m. Specialty Retail industry in the US expected to see average net income growth of 16% next year. Consensus price target of US$2.25 unchanged from last update. Share price rose 7.3% to US$1.90 over the past week. Reported Earnings • Dec 04
Third quarter 2026 earnings: EPS and revenues exceed analyst expectations Third quarter 2026 results: US$0.047 loss per share (improved from US$0.43 loss in 3Q 2025). Revenue: US$139.6m (down 2.7% from 3Q 2025). Net loss: US$1.41m (loss narrowed 89% from 3Q 2025). Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 83%. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 27 percentage points per year, which is a significant difference in performance. Announcement • Dec 04
Tilly's, Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal Year Ending January 31, 2026 Tilly's, Inc. provided earnings guidance for the fourth quarter of fiscal year ending January 31, 2026. For the quarter, the company expects net sales in the range of approximately $146 million to $151 million, translating to an estimated comparable net sales range of an increase of 4% to 8%, respectively, relative to the comparable period last year Net loss of approximately $5.6 million to $3.5 million, respectively, with a near-zero effective income tax rate due to the continuing impact of a full, non-cash valuation allowance on deferred tax assets and Per share results to be in the range of a net loss of $0.19 to $0.12, respectively, compared to a net loss per share of $0.45 for last year's fourth quarter, with an estimated weighted average shares of approximately 30.1 million. Announcement • Nov 07
Tilly's, Inc. to Report Q3, 2026 Results on Dec 03, 2025 Tilly's, Inc. announced that they will report Q3, 2026 results After-Market on Dec 03, 2025 Reported Earnings • Sep 05
Second quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2026 results: EPS: US$0.10 (up from US$0.002 loss in 2Q 2025). Revenue: US$151.3m (down 7.1% from 2Q 2025). Net income: US$3.17m (up US$3.23m from 2Q 2025). Profit margin: 2.1% (up from 0% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to stay flat during the next 2 years compared to a 5.7% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. New Risk • Sep 04
New major risk - Revenue and earnings growth Earnings have declined by 60% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 60% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$61.2m market cap). Announcement • Sep 04
Tilly's, Inc. Provides Earnings Guidance for the Third Quarter of Fiscal 2025 Ending November 1, 2025 Tilly's, Inc. provided earnings guidance for the third quarter of fiscal 2025 ending November 1, 2025. For the period, the company expects Net sales in the range of approximately $134 million to $140 million, translating to an estimated comparable net sales range of a decrease of 2% to an increase of 2%, respectively, relative to the comparable period last year. The company expects Net loss of approximately $10.5 million to $7 million, respectively. The company expects Per share results to be in the range of a net loss of $0.35 to $0.23, respectively, compared to a net loss per share of $0.43 for last year's third quarter. Announcement • Aug 06
Tilly's, Inc. to Report Q2, 2026 Results on Sep 03, 2025 Tilly's, Inc. announced that they will report Q2, 2026 results After-Market on Sep 03, 2025 Major Estimate Revision • Jun 12
Consensus EPS estimates fall by 31% The consensus outlook for fiscal year 2026 has been updated. 2026 expected loss increased from -US$1.01 to -US$1.33 per share. Revenue forecast unchanged at US$551.6m. Specialty Retail industry in the US expected to see average net income growth of 9.0% next year. Consensus price target down from US$2.50 to US$1.65. Share price fell 16% to US$1.22 over the past week. Reported Earnings • Jun 05
First quarter 2026 earnings: EPS misses analyst expectations First quarter 2026 results: US$0.74 loss per share (further deteriorated from US$0.66 loss in 1Q 2025). Revenue: US$107.6m (down 7.1% from 1Q 2025). Net loss: US$22.2m (loss widened 13% from 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Announcement • Jun 05
Tilly's, Inc. Provides Earnings Guidance for the Fiscal Second Quarter of 2025 Tilly's, Inc. provided earnings guidance for the fiscal second quarter of 2025. For the quarter, the company expects Net sales in the range of approximately $150 millionto $158 million, translating to an estimated comparable net sales range of a decrease of 5% to flat, respectively, relative to the comparable period last year; Net loss of approximately $2.7 million to net income of approximately $2.0 million, respectively, with a near-zero effective income tax rate due to the continuing impact of a full, non-cash valuation allowance on deferred tax assets; and
Per share results to be in the range of a net loss of $0.09 to net income of $0.07, respectively. Announcement • May 06
Tilly's, Inc. to Report Q1, 2026 Results on Jun 04, 2025 Tilly's, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Jun 04, 2025 Announcement • Apr 22
Tilly's, Inc., Annual General Meeting, Jun 11, 2025 Tilly's, Inc., Annual General Meeting, Jun 11, 2025. Location: 12 whatney, california 92618, irvine United States New Risk • Apr 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$48.8m market cap). Reported Earnings • Apr 14
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: US$1.54 loss per share (further deteriorated from US$1.16 loss in FY 2024). Revenue: US$569.5m (down 8.6% from FY 2024). Net loss: US$46.2m (loss widened 34% from FY 2024). Like-for-like sales growth: Down 8.0% vs FY 2024 Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Major Estimate Revision • Mar 19
Consensus EPS estimates fall by 90% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from US$587.8m to US$549.9m. Losses expected to increase from US$0.65 per share to US$1.24. Specialty Retail industry in the US expected to see average net income growth of 11% next year. Consensus price target down from US$5.00 to US$2.50. Share price fell 25% to US$2.46 over the past week. New Risk • Mar 13
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$99.5m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 13
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: US$1.54 loss per share (further deteriorated from US$1.16 loss in FY 2024). Revenue: US$569.5m (down 8.6% from FY 2024). Net loss: US$46.2m (loss widened 34% from FY 2024). Like-for-like sales growth: Down 8.0% vs FY 2024 Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Announcement • Mar 13
Illy's, Inc. Provides Earnings Guidance for the First Quarter of Fiscal Year 2025 Tilly's, Inc. provided earnings guidance for the first quarter of fiscal year 2025. For the quarter, the company estimates net sales to be in the range of approximately $105 million to $111 million, translating to an estimated comparable net sales decrease in the range of approximately 8% to 3%, respectively, relative to the comparable period last year; Pre-tax loss and net loss to be in the range of approximately $20.0 million to $17 million, respectively, with a near-zero effective income tax rate due to the continuing impact of a full, non-cash valuation allowance on deferred tax assets; and Per share results to be in the range of a net loss of $0.68 to $0.58, respectively. Announcement • Feb 14
Tilly's, Inc. to Report Q4, 2025 Results on Mar 12, 2025 Tilly's, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Mar 12, 2025 Announcement • Jan 08
Tilly’s, Inc. Appoints Michael Relich to Its Board of Directors Tilly’s, Inc. announced the appointment of Michael Relich to its Board of Directors. Mr. Relich has over 40 years of experience in retail, with an emphasis on systems and information technology. He most recently served as the co-Chief Executive Officer of PacSun. He also recently served as a member of the board of directors of PSEB LLC, a privately held company that owns PacSun and Eddie Bauer, where he also held positions as its Interim Chief Executive Officer and Chief Operating Officer. Mr. Relich has served in C-level roles at Lucky Brand, Crate & Barrel, Guess, Inc. and Wet Seal. Mr. Relich currently serves on the advisory board of several technology companies. New Risk • Dec 19
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$97.4m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Reported Earnings • Dec 06
Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2025 results: US$0.43 loss per share (further deteriorated from US$0.028 loss in 3Q 2024). Revenue: US$143.4m (down 14% from 3Q 2024). Net loss: US$12.9m (loss widened US$12.0m from 3Q 2024). Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Announcement • Dec 06
Tilly's, Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal Year 2024 Tilly's, Inc. provided earnings guidance for the fourth quarter of fiscal year 2024. For the period, the company estimates net sales to be in the range of approximately $149 million to $156 million, translating to an estimated comparable net sales decrease in the range of approximately 9% to 5%, respectively, relative to the comparable 13-week period last year; Pre-tax loss and net loss to be in the range of approximately $13.0 million to $9.5 million, respectively, with a near-zero effective income tax rate due to the continuing impact of a full, non-cash valuation allowance on deferred tax assets; and Per share results to be in the range of a net loss of $0.43 to $0.32, respectively. Major Estimate Revision • Dec 04
Consensus EPS estimates fall by 10% The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -US$1.06 to -US$1.17 per share. Revenue forecast unchanged at US$588.1m. Specialty Retail industry in the US expected to see average net income growth of 15% next year. Consensus price target down from US$6.00 to US$5.50. Share price rose 7.1% to US$4.51 over the past week. Announcement • Nov 16
Tilly's, Inc. Announces Executive Changes On November 8, 2024 (the “Effective Date”), Laura Janney resigned from her position as the Chief Merchandising Officer of Tilly’s, Inc. (the “Company”) to pursue other interests. On the Effective Date, Michael Cingolani, age 47, was promoted to Senior Vice President, General Merchandise Manager of the Company. Mr. Cingolani has served as the Company’s Senior Director, Divisional Merchandise Manager, Men’s and Boys Apparel, since August 26, 2024. Mr. Cingolani served at rue21 from May 2019 to May 2024, including as its Chief Merchandising Officer, from July 2022 to May 2024. Prior to joining rue21, Mr. Cingolani served as Divisional Merchandise Manager, Men’s and Boys Branded Apparel and Fashion Tops, for five years at the Company. Prior to this, Mr. Cingolani served as Director/Sr. Buyer at Foot Locker, Inc. from June 2011 to September 2014. Prior to Foot Locker, Mr. Cingolani served Lands’ End, Inc. as a Global Merchandise Manager in the Men’s Division from June 2009 to June 2011. Prior to Lands’ End, Mr. Cingolani served at Pacific Sunwear as a Buyer in various divisions from November 2005 to February 2009. Prior to Pacific Sunwear, Mr. Cingolani held various buying positions at both Kohl’s Corp. and American Eagle Outfitters, Inc. from June 2001 to November 2005. Mr. Cingolani holds a Bachelor of Science in Business Administration from Duquesne University. Announcement • Nov 05
Tilly's, Inc. to Report Q3, 2025 Results on Dec 05, 2024 Tilly's, Inc. announced that they will report Q3, 2025 results After-Market on Dec 05, 2024 Board Change • Nov 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Director Tesa Aragones was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 06
Second quarter 2025 earnings released: US$0.002 loss per share (vs US$0.038 loss in 2Q 2024) Second quarter 2025 results: US$0.002 loss per share (improved from US$0.038 loss in 2Q 2024). Revenue: US$162.9m (up 1.8% from 2Q 2024). Net loss: US$69.0k (loss narrowed 94% from 2Q 2024). Profit margin: 0% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. New Risk • Aug 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Significant insider selling over the past 3 months (US$54k sold). Announcement • Aug 06
Tilly's, Inc. to Report Q2, 2025 Results on Sep 05, 2024 Tilly's, Inc. announced that they will report Q2, 2025 results After-Market on Sep 05, 2024 Recent Insider Transactions Derivative • Jul 08
Independent Director notifies of intention to sell stock Janet Kerr intends to sell 20k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of July. If the sale is conducted around the recent share price of US$5.28, it would amount to US$106k. Since September 2023, Janet's direct individual holding has decreased from 33.70k shares to 29.00k. Company insiders have collectively sold US$78k more than they bought, via options and on-market transactions in the last 12 months. Announcement • Jun 08
Tilly's, Inc. Provides Financial Guidance for the Second Quarter of Fiscal 2024 Tilly's, Inc. provided financial guidance for the second quarter of fiscal 2024. Net sales to be in the range of approximately $160 million to $165 million, translating to an estimated comparable net sales decrease in the range of approximately 10% to 7%, respectively, relative to the comparable 13-week period last year. Per share results to be in the range of a net loss of $0.13 to $0.03, respectively. Reported Earnings • Jun 07
First quarter 2025 earnings released: US$0.66 loss per share (vs US$0.40 loss in 1Q 2024) First quarter 2025 results: US$0.66 loss per share (further deteriorated from US$0.40 loss in 1Q 2024). Revenue: US$115.9m (down 6.3% from 1Q 2024). Net loss: US$19.6m (loss widened 64% from 1Q 2024). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Announcement • May 08
Tilly's, Inc. to Report Q1, 2025 Results on Jun 06, 2024 Tilly's, Inc. announced that they will report Q1, 2025 results After-Market on Jun 06, 2024 Announcement • Apr 23
Tilly's, Inc., Annual General Meeting, Jun 13, 2024 Tilly's, Inc., Annual General Meeting, Jun 13, 2024, at 09:30 Pacific Daylight. Location: 12 Whatney, Irvine california United States Agenda: To consider the re-election of each of Hezy Shaked, Teresa Aragones, Erin Chin, Doug Collier, Seth Johnson, and Janet Kerr to board of directors for a term of office expiring at the 2025 annual meeting of stockholders and until their successors are duly elected and qualified; to consider the ratification of the appointment of BDO USA, P.C. as independent registered public accounting firm for the fiscal year ending February 1, 2025; to consider a non-binding advisory proposal to approve the compensation of named executive officers as described in the Proxy Statement accompanying this notice; to consider a non-binding advisory vote to approve the frequency of future non-binding advisory votes by stockholders on the compensation of named executive officers; and to consider such other business as may properly come before the annual meeting. Major Estimate Revision • Mar 21
Consensus EPS estimates fall by 23% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$629.9m to US$610.6m. Losses expected to increase from US$0.50 per share to US$0.61. Specialty Retail industry in the US expected to see average net income growth of 11% next year. Consensus price target down from US$8.63 to US$7.88. Share price fell 5.4% to US$6.81 over the past week. Reported Earnings • Mar 15
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: US$1.16 loss per share (down from US$0.32 profit in FY 2023). Revenue: US$623.1m (down 7.3% from FY 2023). Net loss: US$34.5m (down 456% from profit in FY 2023). Like-for-like sales growth: Down 10.6% vs FY 2023 Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 69%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Price Target Changed • Jan 24
Price target decreased by 14% to US$8.63 Down from US$10.00, the current price target is an average from 2 analysts. New target price is 14% above last closing price of US$7.58. Stock is down 11% over the past year. The company posted earnings per share of US$0.32 last year. Major Estimate Revision • Jan 10
Consensus EPS estimates fall by 12% The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -US$0.635 to -US$0.71 per share. Revenue forecast unchanged at US$621.4m. Specialty Retail industry in the US expected to see average net income growth of 3.3% next year. Consensus price target of US$9.50 unchanged from last update. Share price was steady at US$7.24 over the past week. Announcement • Jan 10
Tilly's, Inc. to Report Q4, 2024 Results on Mar 14, 2024 Tilly's, Inc. announced that they will report Q4, 2024 results on Mar 14, 2024 Announcement • Jan 08
Tilly's, Inc. Provides Earnings Guidance for the Fourth Quarter of 2023 Tilly's, Inc. provided earnings guidance for the fourth quarter of 2023. For the quarter, company expects net sales to be in the range of approximately $169 million to $172 million and its loss per share to be in the range of $(0.20) to $(0.24). Reported Earnings • Dec 02
Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2024 results: US$0.028 loss per share (down from US$0.17 profit in 3Q 2023). Revenue: US$166.5m (down 6.4% from 3Q 2023). Net loss: US$847.0k (down 116% from profit in 3Q 2023). Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) exceeded analyst estimates by 65%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • Dec 01
Tilly's, Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal 2023 Tilly's, Inc. provided earnings guidance for the fourth quarter of fiscal 2023. For the period, the company estimates that net sales will be in the range of approximately $172 million to $178 million, translating to an estimated comparable net sales decrease in the range of approximately (6)% to (9)% compared to last year. The Company currently expects its loss per to be in the range of $0.12 to $0.20 based on estimated weighted average shares of approximately 29.9 million. Announcement • Nov 02
Tilly's, Inc. to Report Q3, 2024 Results on Nov 30, 2023 Tilly's, Inc. announced that they will report Q3, 2024 results After-Market on Nov 30, 2023 Announcement • Oct 07
Tilly's, Inc. Announces the Retirement of Bernard Zeichner from Member of the Board of Directors On October 2, 2023, Bernard Zeichner retired from his position as a member of the Board of Directors of Tilly’s, Inc. Mr. Zeichner served as a member of the Board since 2011 and was serving as Chairperson of the Compensation Committee of the Board and a member of the Audit Committee of the Board. Mr. Zeichner’s resignation is not due to any disagreements with the Company on any of the Company’s operations, policies or practices. The Company is grateful to Mr. Zeichner for his tremendous contributions throughout his service on the Board. As a result of Mr. Zeichner’s resignation, the Board (i) reduced the authorized number of directors of the Board from eight (8) to seven (7) directors, (ii) appointed Douglas Collier to serve as the Chairperson of the Compensation Committee of the Board, (iii) appointed Erin Chin to serve as a third member of the Audit Committee of the Board, and (iv) appointed Teresa Aragones to serve as a third member of the Compensation Committee of the Board. Recent Insider Transactions Derivative • Oct 02
Independent Director notifies of intention to sell stock Janet Kerr intends to sell 8k shares in the next 90 days after lodging an Intent To Sell Form on the 29th of September. If the sale is conducted around the recent share price of US$7.96, it would amount to US$62k. Since December 2022, Janet's direct individual holding has increased from 39.49k shares to 41.49k. Company insiders have collectively sold US$64k more than they bought, via options and on-market transactions in the last 12 months. Price Target Changed • Sep 03
Price target increased by 25% to US$10.00 Up from US$8.00, the current price target is an average from 2 analysts. New target price is 15% above last closing price of US$8.71. Stock is up 28% over the past year. The company is forecast to post a net loss per share of US$0.65 compared to earnings per share of US$0.32 last year. Reported Earnings • Sep 01
Second quarter 2024 earnings: EPS and revenues exceed analyst expectations Second quarter 2024 results: US$0.038 loss per share (down from US$0.13 profit in 2Q 2023). Revenue: US$160.0m (down 5.0% from 2Q 2023). Net loss: US$1.13m (down 130% from profit in 2Q 2023). Revenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) also surpassed analyst estimates by 82%. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Sep 01
Tilly's, Inc. Provides Earnings Guidance for the Third Quarter of Fiscal 2023 Tilly's, Inc. provided earnings guidance for the third quarter of fiscal 2023. The Company currently estimates that its fiscal 2023 third quarter net sales will be in the range of approximately $166 million to $171 million, translating to an estimated comparable net sales decrease in the range of approximately 5% to 8% for the third quarter of fiscal 2023 compared to last year. The Company anticipates that its comparable net sales results may decelerate following the need-based purchasing period during the month of August amid the peak of the back-to-school season. The Company currently expects its loss per share for the third quarter of fiscal 2023 to be in the range of $(0.05) to $(0.11) based on estimated weighted average shares of approximately 29.8 million. Announcement • Aug 03
Tilly's, Inc. to Report Q2, 2024 Results on Aug 31, 2023 Tilly's, Inc. announced that they will report Q2, 2024 results After-Market on Aug 31, 2023 Recent Insider Transactions Derivative • Jul 07
Independent Director notifies of intention to sell stock Janet Kerr intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of July. If the sale is conducted around the recent share price of US$6.92, it would amount to US$71k. Since December 2022, Janet's direct individual holding has increased from 39.49k shares to 51.70k. Company insiders have collectively bought US$257k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Jun 03
First quarter 2024 earnings: EPS and revenues miss analyst expectations First quarter 2024 results: US$0.40 loss per share (down from US$0.026 profit in 1Q 2023). Revenue: US$123.6m (down 15% from 1Q 2023). Net loss: US$12.0m (down US$12.8m from profit in 1Q 2023). Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Jun 02
Tilly's, Inc. Provides Earnings Guidance for the Second Quarter of Fiscal 2023 Tilly's, Inc. provided earnings guidance for the second quarter of fiscal 2023. For the period, the company estimates net sales will be in the range of approximately $148 million to $158 million, translating to an estimated comparable net sales decrease of approximately 10% to 15% compared to last year. The Company currently expects its loss per share to be in the range of $(0.13) to $(0.27) based on estimated weighted average shares of approximately 29.9 million. Major Estimate Revision • Jun 01
Consensus EPS estimates fall by 25% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$649.2m to US$642.0m. Losses expected to increase from US$0.17 per share to US$0.21. Specialty Retail industry in the US expected to see average net income decline 9.9% next year. Consensus price target of US$9.00 unchanged from last update. Share price rose 2.1% to US$7.80 over the past week. Major Estimate Revision • Mar 16
Consensus EPS estimates have been downgraded. The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$708.5m to US$649.2m. Now expected to report a loss of US$0.17 per share instead of US$0.43 per share profit previously forecast. Specialty Retail industry in the US expected to see average net income decline 5.6% next year. Consensus price target down from US$10.75 to US$9.00. Share price fell 8.3% to US$7.44 over the past week. Price Target Changed • Mar 12
Price target decreased by 16% to US$9.00 Down from US$10.75, the current price target is an average from 2 analysts. New target price is 19% above last closing price of US$7.56. Stock is down 19% over the past year. The company is forecast to post a net loss per share of US$0.17 compared to earnings per share of US$0.34 last year. Reported Earnings • Mar 10
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: US$0.34 (down from US$2.10 in FY 2022). Revenue: US$672.3m (down 13% from FY 2022). Net income: US$10.1m (down 84% from FY 2022). Profit margin: 1.5% (down from 8.3% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 13%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Mar 10
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 19%. The fair value is estimated to be US$9.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings is also forecast to grow by 5.5% per annum over the same time period.