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

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

“While the macro environment remains 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 we are beginning to drive improved customer engagement through our refocused marketing efforts,” said Hezy Shaked, co-founder and interim president and CEO. “We are pleased to have started the third quarter with a positive comp in fiscal August, representing our first positive monthly comparable net sales result since February 2022. However, we remain cautious in our outlook for the third quarter as our business has slowed following the peak of the back-to-school season, consistent with the trend pattern of recent years.”