US-based Tilly’s delivers stronger FY23 Q3; early Q4 momentum builds

Tilly’s has reported improved Q3 profitability despite a 2.7 per cent sales decline, with comps up 2 per cent and margins strengthening.
Net loss narrowed to $1.4 million.
Year-to-date sales fell 5.6 per cent, but losses reduced.
Liquidity reached $100.7 million.
Strong early Q4 trends support guidance, with expected comp growth of 4–8 per cent and further margin gains.Tilly’s has reported improved Q3 profitability despite a 2.7 per cent sales decline, with comps up 2 per cent and margins strengthening.
Net loss narrowed to $1.4 million.
Year-to-date sales fell 5.6 per cent, but losses reduced.
Liquidity reached $100.7 million.
Strong early Q4 trends support guidance, with expected comp growth of 4–8 per cent and further margin gains.