Tilly’s reported Q3 net sales of $143.4 million, down 13.8 per cent due to a calendar shift affecting back-to-school sales.
Comparable net sales fell 3.4 per cent, with physical store sales decreasing by 16 per cent and e-commerce by 5.4 per cent.
Gross profit dropped to $37.2 million. For Q4, the company expects net sales between $149 million to $156 million.