Tilly's 10-K: $553.6M Revenue, $(0.58) EPS
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Tilly's reported $553.6 million in net sales for the year, a 2.8% decrease from the previous year, with comparable net sales up 0.3%. The company experienced a net loss of $17.5 million, or $(0.58) per share, although this reflects an improvement from the prior year. Gross profit was $164.5 million, representing 29.7% of net sales. E-commerce accounted for 22% of sales, while physical store sales declined due to 17 store closures. Overall, the company improved its gross margin and reduced operating costs.
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