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Tilly's (TLYS) Reports Break-Even Earnings for Q2
TLYSTilly’s(TLYS) ZACKS· ZACKS·2024-09-05 22:16

Group 1 - Tilly's reported break-even quarterly earnings per share, surprising the market as the consensus estimate was a loss of 0.06,comparedtoalossof0.06, compared to a loss of 0.04 per share a year ago, indicating a 100% earnings surprise [1] - The company posted revenues of 162.87millionforthequarterendedJuly2024,missingtheZacksConsensusEstimateby0.57162.87 million for the quarter ended July 2024, missing the Zacks Consensus Estimate by 0.57%, but showing an increase from 159.95 million year-over-year [2] - Tilly's shares have underperformed the market, losing about 34.5% since the beginning of the year, while the S&P 500 gained 15.7% [3] Group 2 - The current consensus EPS estimate for the coming quarter is -0.17onrevenuesof0.17 on revenues of 146.69 million, and for the current fiscal year, it is -0.83onrevenuesof0.83 on revenues of 597.25 million [7] - The Zacks Industry Rank for Retail - Apparel and Shoes is in the top 39% of over 250 Zacks industries, indicating that the industry outlook can significantly impact stock performance [8] Group 3 - Tilly's has surpassed consensus EPS estimates three times over the last four quarters and topped consensus revenue estimates two times in the same period [2] - The estimate revisions trend for Tilly's is currently mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6]