Tilly's, Inc. Presents at 5th Annual TAG Spring Consumer Conference, Apr-10-2013 . Venue: The InterContinental Hotel New York Times Square, 300 West 44th Street at Eighth Avenue, New York, New York, United States. Speakers: Daniel Griesemer, Chief Executive officer, President and Director, William Langsdorf, Chief Financial Officer, Principal Accounting Officer And Senior Vice President.

Tilly's, Inc. reported earnings results for the fourth quarter and full year of fiscal 2012. For the quarter, the company's net sales increased 14.5% to $140.8 million, driven by 29 new stores opened since the fourth quarter of 2011. GAAP net income for the quarter was $9.8 million or $0.35 per diluted share. This compares to GAAP net income in the fourth quarter of 2011 of $13.9 million or $0.67 per diluted share. On an adjusted basis, net income for the quarter increased 10.8% to $8.9 million or $0.32 per weighted average diluted share. This compared to an adjusted net income of $8 million or $0.39 per weighted average diluted share in the fourth quarter of 2011. Cash used for capital expenditures during the quarter totaled $7.7 million compared to $6 million in the fourth quarter of 2011, and were primarily related to new stores opened during the quarter and new stores under construction during the quarter that were scheduled to open in the first quarter of 2013. For the year, the company grew same-store sales by 2.2% during 2012. The company's pretax income was approximately $600,000 which is included in its fourth quarter and fiscal 2012 results. Adjusted net income was $22.9 million or $0.88 per diluted share for fiscal year 2012 which included adjustments to have 4 quarters of ongoing stock-based compensation expense totaling $2.7 million and a 40% effective tax rate for the entire year. On a GAAP basis, net income for fiscal 2012 was $23.9 million or $0.92 per diluted share. In 2013, the company plans to open at least 25 new stores, primarily in new markets, and the company continues to identify attractive real estate opportunities that fit its stringent criteria. Net income in the first quarter of fiscal 2013 is expected to be in the range of $1.1 million to $2 million or $0.04 to $0.07 per diluted share, which assumes a 40% tax rate. For the fiscal year 2013, the company anticipated effective tax rate of 40%, net income to be in the range of $21.5 million to $23 million or $0.75 to $0.81 per diluted share. The company expects capital expenditures for fiscal year 2013 to be in the range of $40 million to $45 million with the majority, approximately $23 million, related to the opening of its new stores as well as for remodels of existing stores.

Tilly's, Inc. announced that they will report Q4, 2012 results at 5:00 PM, Eastern Standard Time on Mar 20, 2013