Financial Data and Key Metrics Changes - The second quarter of fiscal 2021 saw record net sales of $202 million, an increase of $66.1 million or 48.7% compared to $135.8 million last year [13] - Earnings per diluted share reached $0.66, a record for the company, compared to $0.18 per diluted share last year [19] - Gross profit improved to $74.7 million or 37.0% of net sales, compared to $41.7 million or 30.7% of net sales last year [16] Business Line Data and Key Metrics Changes - Total comparable net sales increased by 18.3% compared to the second quarter of fiscal 2019, with physical store sales up 11% and e-commerce sales up 63.4% [16] - Men's and women's apparel were strong performers, with proprietary brands RSQ and Full Tilt being the top two brands [7] - Hardgoods generated $2.1 million in net sales during the second quarter, with plans to expand this assortment in stores [8] Market Data and Key Metrics Changes - Store comps were positive across all markets, with the strongest growth in New England and Texas, each posting comp sales increases over 20% compared to 2019 [7] - E-commerce net sales were $37.3 million, a decrease of 28.2% compared to last year, attributed to the previous year's peak online sales during store closures [14] Company Strategy and Development Direction - The company plans to continue expanding its sustainable merchandise program, ending the quarter with over 1,000 items from over 40 brands [8] - The company has opened eight of its planned nine new stores for fiscal 2021 and is seeking additional opportunities for store openings in 2022 [9] - The focus remains on improving customer experience through website upgrades and enhanced omnichannel capabilities [9] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism for the second half of 2021 despite concerns about COVID-19 resurgence and supply chain disruptions [11] - The back-to-school season started strong, with total net sales for fiscal August up 94.4% compared to last year [11] - Management noted that while supply chain issues have been present, they have not significantly hindered overall business performance [26] Other Important Information - The company declared a special cash dividend of $1 per share during the second quarter, marking the fifth consecutive year of direct returns to stockholders [10] - Total capital expenditures for the first half of fiscal 2021 were $8.5 million, primarily due to new store openings [20] Q&A Session Summary Question: Supply chain concerns and inventory management - Management acknowledged ongoing supply chain issues but stated they have not significantly impacted overall results, with efforts to secure inventory for the holiday season [26][28] Question: Gross margin expectations - Management expects gross margins in Q3 to be lower than Q2 but still better than 2019 levels, with SG&A expenses projected between $49 million to $51 million [30][31] Question: Performance of proprietary brands - Proprietary brands now account for just over 30% of sales, reflecting customer preference rather than a strategic push [35][36] Question: Sustainability product demand - Initial demand for sustainability products has been positive, but it is too early to assess long-term price elasticity [37] Question: Inventory levels and service demand - Management believes current inventory levels are adequate to meet demand trends, with inventory per square foot up 14% compared to 2019 [40][42] Question: E-commerce sales trends - E-commerce sales have become more profitable, now representing around 18% of total sales, with improved operational efficiencies [77] Question: Store productivity and traffic trends - Store traffic was down high single digits compared to 2019, but conversion rates improved significantly, with slight positive traffic noted during August [85]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 __________________________________________________ FORM 10-Q __________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 1, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-35535 __________________________________________________ ...

Tilly's, Inc. (NYSE:TLYS) Q1 2021 Earnings Conference Call June 3, 2021 4:00 PM ET Company Participants Gar Jackson - Investor Relations Ed Thomas - President and Chief Executive Officer Mike Henry - Executive Vice President and Chief Financial Officer Conference Call Participants Matt Koranda - ROTH Capital Partners Jeff Van Sinderen - B. Riley & Co Mitch Kummetz - Pivotal Research Alec Vesey - William Blair Operator Greetings, welcome to the Tilly's Inc First Quarter 2021 Earnings Results Conference Call. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-35535 TILLY'S, INC. (Exact name of registrant as specified in its charter) Delaware 45-2164791 (State or other jurisdiction of incorporation or organization) 10 Whatne ...

Tilly's, Inc. (NYSE:TLYS) Q4 2020 Earnings Conference Call March 11, 2021 4:30 PM ET Company Participants Gar Jackson - Investor Relations Ed Thomas - President and Chief Executive Officer Mike Henry - Executive Vice President and Chief Financial Officer Conference Call Participants Jeff Van Sinderen - B. Riley & Co Matt Koranda - ROTH Capital Partners Mitch Kummetz - Pivotal Research Operator Greetings, and welcome to the Tilly's Inc Fourth Quarter 2020 Earnings Results Conference Call. [Operator Instructi ...

FORM 10-Q __________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 __________________________________________________ For the quarterly period ended October 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-35535 ______________________________________________ ...

Financial Data and Key Metrics Changes - Total net sales for Q3 2020 were $140.3 million, a decrease of $14.5 million or 9.4% compared to $154.8 million last year [18] - Net sales from physical stores were $104.6 million, a decrease of $27.5 million or 20.8% compared to $132.1 million last year [19] - E-commerce net sales were $35.7 million, an increase of $13 million or 57.3% compared to $22.7 million last year [20] - Net income was $2.1 million or $0.07 per diluted share, compared to $6.4 million or $0.21 per diluted share last year [28] - Gross profit was $40.7 million or 29.0% of net sales, compared to $47.2 million or 30.5% of net sales last year [21] Business Line Data and Key Metrics Changes - Women's department was the strongest performing with a mid single-digit percentage increase in comp sales compared to last year [9] - All other departments experienced negative comp sales, but improved trend-wise as the quarter progressed [9] - Accessories faced challenges primarily due to reduced sales of backpacks, attributed to increased remote learning [10] Market Data and Key Metrics Changes - Total comparable net sales were just shy of flat through December 1st versus the corresponding period of last year [13] - E-commerce sales continued to be strong with a 42% increase during the same period [13] - Physical store comparable net sales decreased by 14% in the fourth quarter compared to the corresponding period last year [13] Company Strategy and Development Direction - The company plans to open seven new stores during fiscal 2021, deferred from this year [11] - A new RSQ skate test store was opened, focusing on skateboarding products, which is seen as an important test for future expansion [12] - The company is adopting a digital-first mindset, enhancing e-commerce capabilities and customer convenience [8] Management's Comments on Operating Environment and Future Outlook - Management expressed uncertainty regarding future sales and earnings due to the ongoing COVID-19 pandemic and its impact on consumer behavior [32] - The company expects fourth quarter net sales and earnings per share to be lower than last year's fourth quarter due to pandemic-related challenges [33] - Management remains hopeful for a more normal holiday season compared to the back-to-school period, contingent on operational capabilities [15] Other Important Information - The company ended the third quarter with cash and marketable securities totaling $125.3 million, including $12.4 million of withheld store lease payments [29] - Year-to-date capital expenditures were $6.4 million, down from $10.6 million last year due to reduced new store openings [30] - The company replaced its $25 million revolving credit facility with a $65 million asset-backed credit facility for increased liquidity [30] Q&A Session Summary Question: E-commerce profitability outlook for Q4 - Management expects trends from Q3 to carry into Q4, with improved profitability in e-commerce despite potential shipping surcharge pressures [36][37] Question: Store capacity management during Black Friday - Management noted that store capacity issues vary by location, but conversion rates have improved despite challenges [38] Question: Black Friday weekend performance - Sales were down over 30% on Black Friday, but store comps have been positive each day since then [42][44] Question: Inventory management in Q4 - Management feels confident about inventory levels and is continuously adjusting based on traffic patterns [45][49] Question: Supply chain challenges for hard goods - Supply chain remains challenging but is showing signs of improvement [51]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 __________________________________________________ FORM 10-Q __________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 1, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-35535 ________________________________________________ ...

Tilly's, Inc. (NYSE:TLYS) Q2 2020 Results Earnings Conference Call September 3, 2020 4:30 PM ET Company Participants Gar Jackson - Investor Relations Ed Thomas - President and Chief Executive Officer Michael Henry - Chief Financial Officer Conference Call Participants David Buckley - Bank of America Merrill Lynch Jeff Van Sinderen - B. Riley & Company, Inc. Mitch Kummetz - Pivotal Research Group Sharon Zackfia - William Blair & Company, L.L.C. Matt Koranda - ROTH Capital Partners Operator Greetings. Welcome ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 __________________________________________________ FORM 10-Q __________________________________________________ x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 2, 2020 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-35535 __________________________________________________ ...