Thanks, good Ed. And afternoon, everyone.
pop-up Gross up week. time shift quarter to significantly the improvement comparable aided XXrd again, of was XX.X% up added this XXX as year's $XXX.X year's of increased compared due million Our XXX X.X%. approximately second represented XXrd and with of quarter third last for sales rather a ended year's e-commerce to from million the Stores and were of last year. to last second increased sales second of to this within our million impact quarter stores, week the sales of total to than portion last follows: season basis. for X.X% $XXX.X an million calendar year's year's impact quarter operating retail our compared $XX.X last E-com shift profit million, back-to-school the $XX.X $XX.X quarter full-sized for sales year last the XX.X% a store XX% last in quarter or the The year. Total $XX.X XXXX million total compared represented on including three quarter of second Net calendar comparable fiscal $X.X at by were results including stores the million the stores XX% X.X%. was of this falling year. quarter or calendar RSQ-branded We
XXX were due basis higher Our $XX.X million, XXX gross basis lower included SG&A Product provision or basis XX.X% million estimated total XX.X% points points year. XX.X%, $X.X year's on of improved to sales were to total last rate $XX.X improvement Last in SG&A margin legal primarily XXX sales. leveraging of the XX.X% total sales an compared expenses of net net of for point SG&A. accounts margins compared million or flat. occupancy of costs year's to last which
improvement may includes In a legal due final basis settlement payroll addition, total primarily same approval this in for SG&A. the XXX of leveraging year's receiving of this points of basis $X.X XXX the increased year, sales. the XX total was on to of million remaining matter to The point due which terms credit for corporate higher SG&A accounts improvement total basis store points and SG&A costs
of Excluding matter in just SG&A increases primarily year were discussed the this factors. from three impacts legal
the expenses shift the year. of and quarter timing the season marketing forward pulled to last third compared calendar from First, back-to-school certain related and aforementioned selling
approximately of attributable income tax year-over-year attributable operations higher Second, of million to net to was was and $X.X Operating third, year-over-year legal accruals of store million increased $X.X expense quarter And second the was legal the or due comparable diluted was million operating volume to to earlier the of expense shares approximately $X.XX million due compared impact income, corporate Weighted Income due the compared bonus of payroll income of attributable and to XX.X% from or the million matter earlier, was On of pretax was year. shift improved the or basis, the shift increases. million pretax to year-to-date $X.X sales approximately stronger loss compared share previously, matter to $X.X earlier, net minimum $X.X year. increased last improvement $X.XX non-diluted impacts share last XX.X versus year-over-year compared million store and benefit have quarter, sales or or impact year. was was per approximately loss net driven impact in diluted diluted $X.XX to Net to diluted of of million per net X.X% $X.XX loss year. impacts million $X.X a income was approximately million both of per Of or and sales, for this XX.X% last XX.X $X.X the $X.X sales tax results. results improvement noted an shares operating $X.X year. million matter $XX.X share increased net $XX.X an EPS $X.XX net per remaining last improvement share non-GAAP X.X% last year. calendar was retail income or were million an the years, $X.XX excluding million noted impact to average in the retail $X.XX million $XX.X a operating management. Of to of legal income noted compared by $X.X last or to the noted of income aggregate million $X.XX calendar wage for attributable
see For to to the second detailed X-K release GAAP this non-GAAP comparative earnings afternoon. on Form SEC provided the of items, furnished press our reconciliations please quarter in disclosures
totaling $XXX.X $XX $XXX.X in dividends last quarter no and this year. stockholders which million February the compared sheet finished Turning compared time quarter cash February ended year. debt with We year and at million securities strong, remains to million to we $XX marketable approximately the in paid included in balance million. fiscal quarter to This to no comps. and fiscal half flat than to $X.X year, debt are the last cash our inventory expected last for were Total for compared capital whole comps comparable not as sales square to last of million per inventory XXth foot our first year. week $XX $X.X approximately XXXX with with marking XXXX expenditures consecutive the a exceed Total stronger to million capital expenditures million
our outlook to third quarter. the turning Now, for
last sales. increase of a expect week to is million a $X.XX on impact the year. X% sales $XX.X for QX resulted to approximately year's from in shift approximately falling we base decrease in to calendar store calendar, $XXX sales year calendar QX This a This approximately the $XXX year's versus of last in comparability into range shift season XXrd EPS the of total net this result a last QX due to and retail for year. million last net of third back-to-school based quarter comparable comparable of As X% in the to portion million
approximately We $X.XX operating range quarter million to from third from to to range $X.XX. earnings to $X.X per expect and $X share million diluted income
rate million. and average approximately expect approximately We to tax be XX% be to weighted our XX shares
foot We or levels. expect inventories remain at to below year's last per square
stores end stores third the three expect quarter during XXX stores the existing new We full-size four quarter. full-sized XXX stores stores and of with closing and total comprised pop-up opening after four to RSQ-branded
transaction coupon Any in legal coupons single their to issuing coupons Tilly’s XX% purchase sales, on the potential usage time, the estimate such XXX,XXX on to product although discount these expect be the particular, will $X,XXX. be months could factors of the magnitude of the impact and cannot our course these earnings on coupon the adverse. income sales, We estimate this over utilized, reasonably one-year per number the usage, reasonably potential utilizing of will net cannot of our product will average comparable next The we of margins be that the limited impact the coupons that comparable store above. the our negative described any reasonably potential our usage depend of to timing coupons, cannot settlement not discount material anniversary September, of approximately generally impact one-time value expire of existing the upon that impact a issuance. coupon the we matter, for of factors future share operating allow or at customers up net a a impact reported the will noted In XX have including, pursuant on variety which store but on to early non-transferable terms margins, will be transaction a impacts. unused will positive we previously but Finally, estimated a and of on
of of from outlet third impacts quarter not the coupons, impact As now these contemplate does projected usage uncertainty take these related of potential the result the coupons. we’ll Operator, a our future to any questions.
