Tilly's will soon lose one of its top executives. The company announced that its CFO and senior vice president, Bill Langsdorf, will retire later this year. He will remain in his position until a successor is in place.
Langsdorf has been TIlly's CFO for more than six years. The company credits him as being instrumental in the launch of its 2012 IPO.
The announcement coincided with the firm's unveiling of its Q1 results, which revealed net sales of $109 million and a bottom line of $2.3 million ($0.08 per diluted share). Those figures for Q1 2012 were $97 million and $5.9 million ($0.29), respectively.
The article Tilly's CFO to Retire; Q1 Results Posted originally appeared on Fool.com.
Fool contributor Eric Volkman has no position in Tilly's, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.