Tilly’s appoints Nate Smith as new president and CEO

IRVINE, Calif. - Specialty retailer Tilly’s, Inc. (NYSE:TLYS), currently trading at $1.79 and down over 67% in the past year, announced Monday that Nate Smith will become the company’s new President and Chief Executive Officer effective August 18, 2025. Smith will also join the company’s Board of Directors.

The appointment comes as Hezy Shaked, Tilly’s Co-Founder and current President and CEO, transitions to the role of Executive Chairman.

Smith joins Tilly’s from Marolina Outdoor, Inc., where he has served as Chief Executive Officer since September 2024. His previous experience includes serving as President, Americas at Boardriders, Inc. from June 2017 to April 2024, and holding executive positions at Oakley, Inc., IPATH Footwear, and Patagonia, Inc. Smith also served eight years in the United States Navy.

"I am honored to have the opportunity to lead a company like Tilly’s," Smith said in the press release.

Tilly’s operates 232 stores across 33 states and an e-commerce website. The company specializes in casual apparel, footwear, accessories and hardgoods for young consumers, offering a selection of global, emerging, and proprietary brands focused on active, outdoor and social lifestyles.

The leadership change comes at a time when many specialty retailers are facing challenges adapting to changing consumer preferences and economic pressures.

The information in this article is based on a company press release statement.

In other recent news, Tilly’s, Inc. reported a net loss of $22.2 million, or $0.74 per share, for the first quarter of 2025, missing analysts’ expectations of a $0.68 loss per share. The company’s revenue for the quarter stood at $107.6 million, aligning with forecasts but reflecting a 7.1% decline from the previous year. These earnings results were followed by Tilly’s annual meeting, where shareholders voted on key proposals regarding the company’s governance and executive compensation. Shareholders elected six directors to the board, including Hezy Shaked, Teresa Aragones, Doug Collier, Seth Johnson, Janet Kerr, and Michael Relich, with no abstentions recorded. These directors will serve until the 2026 annual meeting. The recent developments reflect ongoing adjustments in Tilly’s strategic and financial landscape.

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