Tilly's, Inc. announced financial results for the third quarter of fiscal 2025 ended November 1, 2025.
Comparable net sales growth was achieved in the third quarter, with positive momentum continuing into the fourth quarter.
Operational improvements led to an improvement in gross profit and a decrease in operating loss.
Total Net Sales
Total net sales were $139.6 million in the third quarter of fiscal 2025, with a 2.7% decrease compared to the same period in fiscal 2024.
Gross Profit Margin
Gross profit margin improved to 30.5% of net sales, up from 25.9% in the same period last year, reflecting better product margins and reduced costs.
Operating Loss
Operating loss improved significantly to $1.9 million, or 1.4% of net sales, compared to $14.1 million in the same period last year.
Income Tax Expense
Income tax expense was $25 thousand, compared to an income tax benefit of $5 thousand in the third quarter of fiscal 2024.
Net Loss
Net loss improved to $1.4 million, or $0.05 per share, from $12.9 million, or $0.43 per share, in the same period last year.
- The third quarter results demonstrated a turnaround in sales performance with comparable net sales growth.
- Significant improvements in gross profit margin and operating loss indicate the effectiveness of the company's strategic initiatives.
- Despite challenges, the company managed to reduce losses and improve its financial position compared to the previous year.
Tilly's, Inc. showcased a strong performance in the third quarter of fiscal 2025, exceeding expectations and showing positive momentum for the future. The operational improvements and cost reduction strategies have positioned the company for continued growth and profitability in the upcoming periods.