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Tilly's Inc. (TLYS)
NYSE:TLYS
Earnings Data
Report Date
May 29, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.58Last Year’s EPS
-0.48Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 12, 2025
|% Change Since: -39.70%
|Next Earnings Date:May 29, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed sentiment with both positive and negative aspects. While there are improvements in inventory management, product margins, and a strategic focus on expense reduction, the company is facing significant challenges in declining net sales, especially in e-commerce, and increased losses. The cautious optimism for the future is based on potential improvements in sales trends with warmer weather and strategic merchandising changes.Company Guidance
During the Tilly's Fourth Quarter and Full Year 2024 Earnings Conference Call, the company reported a decline in total net sales by 14.9% to $147.3 million compared to the same quarter last year, which included an extra week accounting for $0.7 million in sales. The comparable net sales decreased by 11.2%, with physical stores showing a 9.8% decrease and e-commerce sales down by 17.8%. The gross margin dropped to 26% from 27% the previous year, despite a 190 basis point improvement in product margins. SG&A expenses were $52.4 million, or 35.6% of net sales, compared to $55.2 million last year. The company's pre-tax loss widened to $13.4 million from $6.9 million, while the net loss improved to $13.7 million or $0.45 per share from $20.6 million or $0.69 per share last year. Tilly's ended the fiscal year with $47 million in cash and marketable securities and anticipates having $25 million to $30 million by the end of the first quarter of fiscal 2025, with no need to access their credit facility due to anticipated reductions in inventory and expenses. Looking ahead, Tilly's projects first-quarter net sales between $105 million and $111 million, with comparable store sales expected to decrease by 8% to 3%.Inventory Management Improvement
Despite a challenging fourth quarter, inventory levels were reduced by 6.1% year-over-year as of March 1, 2025, due to specific actions taken to address this issue.
Increased Physical Store Sales Proportion
Total net sales from physical stores increased by 13.7% and represented 73.5% of total net sales compared to 72.6% last year.
Improved Product Margins
Product margins improved by 190 basis points compared to last year, primarily due to higher initial markups.
Significant Expense Reductions Planned
Targeted significant expense reductions through diligent scrutiny of store lease decisions, strict management of payroll, and negotiated reductions in contractual commitments.
Positive Trends with Warmer Weather
During a brief period of warmer weather, stores experienced positive comps, indicating that the spring assortment is on trend.
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TLYS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TLYS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 12, 2025 | $3.30 | $2.64 | -20.00% |
| Dec 05, 2024 | $4.38 | $4.22 | -3.65% |
| Sep 05, 2024 | $4.75 | $4.54 | -4.42% |
| Jun 06, 2024 | $5.80 | $5.62 | -3.10% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Tilly's Inc. (TLYS) report earnings?
Tilly's Inc. (TLYS) is schdueled to report earning on May 29, 2025, TBA Not Confirmed.
What is Tilly's Inc. (TLYS) earnings time?
Tilly's Inc. (TLYS) earnings time is at May 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TLYS EPS forecast?
TLYS EPS forecast for the fiscal quarter 2025 (Q1) is -0.58.
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