Tilly’s, Inc. provided an update on its fourth quarter 2013 outlook reflecting its performance for the “Holiday Period” (nine weeks ended January 4, 2014).
Based on the results for the Holiday period, Tilly’s now expects fourth quarter results to be in the mid range of its previously communicated outlook for both comparable store sales and earnings.
Daniel Griesemer, President and Chief Executive Officer, commented, “We anticipated the challenging retail environment in the fourth quarter due to a variety of factors and managed our business accordingly.
“As a result, we achieved sales in line with our expectations and maintained healthy product margins during the holiday period. I am proud of how our team continues to execute in this environment, including, effectively managing our inventory to exit the holiday period as planned.”