Tilly’s, Inc. Reports Operating Results for the Second Quarter of Fiscal 2024

Tilly’s, Inc. (NYSE: TLYS, the “Company”) today announced financial results for its second quarter of fiscal 2024 ended August 3, 2024.

“While the macro environment continues to be challenging for our customer demographics, we believe our new pricing strategies are gaining traction, as evidenced by our second consecutive quarter of improved product margins, and that we are beginning to see improved customer loyalty through our refocused marketing efforts,” commented Hezy Shaked, co-founder and interim President and CEO. “We are encouraged to have started the third quarter with a positive fiscal August comparable, representing our first positive monthly comparable net sales result since February 2022. However, we remain cautious on our third quarter outlook as our business has begun to weaken following the peak of the back-to-school season, consistent with the trend pattern of recent years.”