Brief: Tilly's Announces 2023 Holiday Period Net Sales

Tillys

08/01/2024 12:52

Jan 8 (Reuters) - Tillys Inc  TLYS.N :
    * TILLY’S, INC. ANNOUNCES 2023 HOLIDAY PERIOD NET SALES,
UPDATES
FOURTH QUARTER OUTLOOK
    * EXPECTS ITS FISCAL 2023 Q4 NET SALES TO BE IN RANGE OF
APPROXIMATELY $169 MILLION TO $172 MILLION
    * TOTAL NET SALES OF $139.7 MILLION DECREASED BY 7.4% FOR
2023
HOLIDAY PERIOD COMPARED TO $150.9 MILLION
    * EXPECTS ITS FISCAL 2023 Q4 LOSS PER SHARE TO BE IN RANGE
OF
$0.20 TO $0.24
    * : ANTICIPATE ENDING FISCAL 2023 WITH A STRONG CASH
POSITION, A
REASONABLE INVENTORY LEVEL, AND NO DEBT
    * : EXPECTS TO END FISCAL 2023 WITH 248 TOTAL STORES, TOTAL
CASH
AND MARKETABLE SECURITIES OF ABOUT $90 MILLION
    * Q4 REVENUE VIEW $174.1 MILLION -- LSEG IBES DATA

Source text for Eikon:  ID:nBwc2n3Yra 
Further company coverage:  TLYS.N 

 ((Reuters.Briefs@thomsonreuters.com;))