Tilly’s, Inc. reported that second-quarter total net sales were $160.0 million, a decrease of 5.0 percent, compared to $168.3 million last year. Total comparable net sales, including both physical stores and e-commerce, decreased by 8.5 percent.
Net sales from physical stores were $129.8 million in Q2, a decrease of 5.3 percent, compared to $137.1 million in Q2 last year, with a comparable store net sales decrease of 9.3 percent. Net sales from physical stores represented 81.1 percent of total net sales compared to 81.5 percent of total net sales last year.
The company ended the second quarter with 246 total stores compared to 242 total stores at the end of the second quarter last year.
The second quarter net loss was $1.1 million, or a 4 cents loss per share, compared to net income of $3.8 million, or EPS of 13 cents per diluted share, in Q2 last year.
For full details about second quarter results for Tilly’s, including the improving sequential comp store sales trends, concerns about fall and strength and weaknesses but category and region, go here:
EXEC: Tilly’s Execs Remain Cautious Despite Improving Q3 Trends
