Tilly's Inc (TLYS) Releases Earnings Results, Beats Expectations By $0.01 EPS

Tilly's Inc (TLYS) reported quarterly earnings results on Wednesday, May-25-2016. The company said it had a profit of $-0.06 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.01. Analysts had a consensus of $-0.07. The company posted revenue of $120.22 million in the period, compared to analysts expectations of $119.86 million. During the same quarter in the previous year, the company posted $0.05 EPS.

Many Wall Street Analysts have commented on Tilly's Inc. Shares were Reiterated by Mizuho on Mar 17, 2016 to “Neutral” and Lowered the Price Target to $ 6.50 from a previous price target of $7 .

Tilly's Inc opened for trading at $5.66 and hit $5.79 on the upside on Friday, eventually ending the session at $5.68, with a gain of 0.89% or 0.05 points. The heightened volatility saw the trading volume jump to 48,061 shares. Company has a market cap of $162 M.

In a different news, on Dec 14, 2015, Michael Henry (CFO) purchased 5,000 shares at $6.07 per share price. According to the SEC, on Mar 26, 2015, Jennifer Ehrhardt (CHIEF FINANCIAL OFFICER) sold 12,500 shares at $15.62 per share price. On Mar 23, 2015, Craig Demerit (VICE PRESIDENT, CIO & COO) sold 20,000 shares at $15.90 per share price, according to the Form-4 filing with the securities and exchange commission.

Tilly’s Inc. is a destination specialty retailer of action sports inspired apparel footwear and accessories. The Company operates a chain of specialty retail stores featuring casual clothing footwear and accessories for teens and young adults. The Company offers a range of third-party and merchandise. It offers merchandise across the guys’ and women’s categories with additional merchandise in the boys girls footwear and accessories categories. Its apparel merchandise includes branded fashion and styles for tops outerwear bottoms and dresses. Accessories merchandise includes backpacks hats sunglasses headphones handbags watches and jewelry among others. It supplements its third-party merchandise assortment with its own brands across a range of its apparel accessory and footwear product categories. Its branded merchandise includes Blue Crown Full Tilt RSQ and Infamous.

Tilly's Inc

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