NYSE$TLYS
Tillys Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Tilly's reported a decrease in net sales and earnings due to inflationary pressures and changing consumer behavior.
Tilly's Inc. announced its second quarter fiscal 2022 results, which were negatively impacted by the highest inflationary environment in 40 years. Total net sales decreased by 16.7% to $168.3 million, and net income fell to $3.8 million, or $0.13 per diluted share, compared to $20.4 million, or $0.66 per diluted share, in the same quarter last year.
- Total net sales decreased by 16.7% to $168.3 million compared to $202.0 million last year.
- Net income was $3.8 million, or $0.13 per diluted share, compared to $20.4 million, or $0.66 per diluted share, last year.
- Gross profit was $52.0 million, or 30.9% of net sales, compared to $74.7 million, or 37.0% of net sales, last year.
- The company expects the remainder of the third quarter will be challenging as they anniversary last year's early holiday shopping patterns.
Headline financials
Revenue & EPS history
Tillys · Revenue · Quarterly
$168M
Revenue by segment
Tillys · $168M total across 2 segments · Q2 2022
- Physical stores$137M-16.7%81.5%
- E-commerce$31.2M-16.4%18.5%
Forward guidance
The Company currently estimates that its fiscal 2022 third quarter net sales will be in the range of approximately $165 million to $170 million with a comparable net sales decrease of 18% to 21%, SG&A expenses to be in the range of approximately $46 million to $47 million, operating income to be in the range of approximately $1.9 million to $4.6 million, and earnings per diluted share to be in the range of $0.05 to $0.11.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2022
+2.0%
Avg return
Earnings day
+4.0%
Avg return
5 days after
+5.4%
Avg return
30 days after
53%
31 / 58 earnings
Positive
+50.3%
Q4 2025
Best reaction
-24.3%
Q1 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +16.9% | +19.4% | — | |
| Q4 2025 | +50.3% | +77.3% | +209.8% | |
| Q3 2025 | -4.6% | +8.9% | +12.2% | |
| Q2 2025 | +3.5% | -0.5% | -2.0% | |
| Q1 2025 | +11.3% | -1.5% | +33.1% | |
| Q4 2024 | -20.0% | -26.7% | -39.7% | |
| Q3 2024 | -6.4% | -17.5% | +0.9% | |
| Q2 2024 | -8.1% | +0.6% | -5.9% | |
| Q1 2024 | -1.7% | -10.8% | -2.6% | |
| Q4 2023 | -5.3% | -8.1% | -20.2% | |
| Q3 2023 | -5.7% | -8.2% | -12.8% | |
| Q2 2023 | -0.3% | -5.1% | -7.1% | |
| Q1 2023 | -17.3% | -19.4% | -10.1% | |
| Q4 2022 | -9.9% | -11.8% | -10.3% | |
| Q3 2022 | +4.0% | +0.5% | -4.7% | |
| Q2 2022 | -9.1% | -7.7% | -7.7% | |
| Q1 2022 | -1.3% | -6.7% | -13.7% | |
| Q4 2021 | -23.5% | -20.2% | -24.8% | |
| Q3 2021 | +14.7% | +12.5% | +13.1% | |
| Q2 2021 | -6.5% | -3.7% | -8.7% | |
| Q1 2021 | +7.1% | +13.0% | +12.4% | |
| Q4 2020 | +11.9% | +7.1% | +5.1% | |
| Q3 2020 | -5.5% | -2.8% | -7.1% | |
| Q2 2020 | +10.4% | +12.2% | -6.3% | |
| Q1 2020 | +1.5% | +14.2% | -10.7% | |
| Q4 2019 | +9.2% | -12.8% | +10.1% | |
| Q3 2019 | +20.2% | +28.0% | +24.3% | |
| Q2 2019 | +28.9% | +26.7% | +12.2% | |
| Q1 2019 | -19.0% | -23.0% | -25.7% | |
| Q4 2018 | -2.7% | -2.8% | -6.1% | |
| Q3 2018 | -19.5% | -22.6% | -28.3% | |
| Q2 2018 | +16.0% | +32.2% | +6.5% | |
| Q1 2018 | +15.8% | +23.1% | +27.5% | |
| Q4 2017 | -13.0% | -12.9% | -11.4% | |
| Q3 2017 | +24.3% | +16.7% | +11.2% | |
| Q2 2017 | +8.3% | +21.8% | +31.3% | |
| Q1 2017 | +10.8% | +16.7% | +10.9% | |
| Q4 2016 | -12.6% | -11.8% | -14.2% | |
| Q3 2016 | +35.9% | +33.6% | +28.1% | |
| Q2 2016 | +13.2% | +29.3% | +44.5% | |
| Q1 2016 | +6.6% | +8.1% | +1.6% | |
| Q4 2015 | -13.4% | — | — | |
| Q3 2015 | +1.0% | — | — | |
| Q2 2015 | +7.1% | — | — | |
| Q1 2015 | -24.3% | — | — | |
| Q4 2014 | +18.3% | — | — | |
| Q3 2014 | +21.8% | — | — | |
| Q2 2014 | -3.0% | — | — | |
| Q1 2014 | -17.4% | — | — | |
| Q4 2013 | +2.1% | — | — | |
| Q3 2013 | -21.2% | — | — | |
| Q2 2013 | +12.4% | — | — | |
| Q1 2013 | +3.2% | — | — | |
| Q4 2011 | +1.8% | — | — | |
| Q1 2012 | +1.8% | — | — | |
| Q4 2012 | -5.3% | — | — | |
| Q3 2012 | -13.4% | — | — | |
| Q2 2012 | +14.5% | — | — | |
| Q2 2011 | — | — | — | |
| Q2 2010 | — | — | — | |
| Q1 2011 | — | — | — |
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