Tilly’s: Fiscal 2Q Earnings Snapshot
IRVINE, Calif. (AP) _ Tilly’s Inc. (TLYS) on Wednesday reported fiscal second-quarter earnings of $9.3 million.
On a per-share basis, the Irvine, California-based company said it had profit of 31 cents.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share.
The clothing and accessories retailer posted revenue of $161.7 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $155.9 million.
Tilly’s shares have fallen 20% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $8.72, a drop of 51% in the last 12 months.