Tillys IncTLYS
▲ PositiveCapitalrelevance
Tilly's beat Q2 EPS and revenue estimates and guided Q3 above consensus, with a sixth straight quarter of profit improvement.
Impact on stocks 1
Consumer Discretionary
Tillys IncTilly's reported fiscal second-quarter GAAP earnings of $0.27 per share, beating estimates by $0.10, and revenue of $163.51 million, up 8.1% year over year and surpassing consensus by $6.51 million. The company also provided third-quarter guidance, projecting net sales between $150 million and $155 million, above the consensus of $140.30 million, with comparable net sales expected to rise 10% to 14%. It anticipates net income of $2.2 million to $3.7 million, or $0.07 to $0.12 per diluted share, marking a sixth consecutive quarter of year-over-year profit improvement. The company expects to end the quarter with 220 stores and total liquidity of approximately $125 million or more. Shares jumped 18% in after-hours trading.
Tillys IncTilly's beat Q2 EPS and revenue estimates and guided Q3 above consensus, with a sixth straight quarter of profit improvement.