tilly’s news and archive

Tilly’s posts drop in Q3 sales, profit

US fashion retailer Tilly’s has reported a drop in sales and profitability in the third quarter of the year, but the results were still better than expected. In the three months ended October 29, the company posted a 13.7 percent drop in net sales to 177.8 million dollars. On a comparable basis, net sales dropped 14.9 percent. Sales from...

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Tilly’s declares special cash dividend

Board of directors of Tilly’s Inc., has declared a special cash dividend of 1 dollar per share or up to approximately 31 million dollars in the aggregate, on the company’s outstanding Class A and Class B common stock. “We are pleased that our operating results and cash generation amid the pandemic have allowed us to provide another direct return...