Tilly's, Inc. Declares Special Cash Dividend, Payable on February 24, 2017
January 31, 2017 at 07:00 am
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Tilly’s Inc. announced that its Board of Directors has declared a special cash dividend of $0.70 per share, or approximately $20 million in the aggregate, on the company’s outstanding Class A and Class B common stock. This one-time special dividend is payable on February 24, 2017 to stockholders of record at the close of business on February 15, 2017.
Tilly's, Inc. is a specialty retailer of casual apparel, footwear, accessories, and hardgoods for young men, young women, boys and girls. The Companyâs stores are located in a variety of retail centers, including malls, lifestyle centers, power centers, community centers, outlet centers, and street-front locations. Customers may also shop online, where it features the same assortment of products as is carried in its stores, supplemented by additional online-only styles. The Company operates over 248 stores in 33 states. The Company's third-party brands include adidas, Champion, Dr. Martens, BDG, Converse, Edikted, Billabong, Crocs, Ethika, Birkenstock, Diamond Supply, Free People, Brixton, Dickies, G-Shock, Herschel Supply Co., HUF, Hydro Flask, Jansport, Levi's and others. It supplements its third-party merchandise assortment with its own proprietary brands across many of its product categories. It sells merchandise over the Internet through its e-commerce Website, www.tillys.com.