Tilly’s: Fiscal 3Q Earnings Snapshot
Posted December 3, 2020 4:13 pm.
Last Updated December 3, 2020 4:24 pm.
IRVINE, Calif. (AP) _ Tilly’s Inc. (TLYS) on Thursday reported fiscal third-quarter net income of $2.1 million.
The Irvine, California-based company said it had profit of 7 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.
The clothing and accessories retailer posted revenue of $140.3 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $132.1 million.
Tilly’s shares have declined 23% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $9.38, a decline of almost 4% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TLYS at https://www.zacks.com/ap/TLYS
The Associated Press