Tilly's, Inc. reported their financial results for the second quarter of fiscal 2025 ended August 2, 2025.
Total net sales decreased by 7.1% with a decrease in both physical stores and e-commerce sales.
Gross profit margin improved by 210 basis points due to higher initial markups and lower markdowns.
Total Net Sales Decrease
Total net sales were $151.3 million, a 7.1% decrease compared to the previous year.
Gross Profit Margin Improvement
Gross profit margin increased by 210 basis points primarily due to higher initial markups and lower markdowns.
New CEO Appointment
Nate Smith was appointed as the new Chief Executive Officer to lead Tilly's forward.
- Despite a decrease in total net sales, the company showed improvements in gross profit margins and operational efficiencies.
- The appointment of a new CEO is expected to bring fresh strategies and direction to the company's growth trajectory.
Tilly's, Inc. is focused on stabilizing their business operations and enhancing sales. The positive gross profit margin trends indicate a step in the right direction.