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Tilly's (TLYS) Reports Q3 Loss, Tops Revenue Estimates
TLYSTilly’s(TLYS) ZACKS·2024-12-05 23:35

Company Performance - Tilly's reported a quarterly loss of 0.43pershare,whichwasworsethantheZacksConsensusEstimateofalossof0.43 per share, which was worse than the Zacks Consensus Estimate of a loss of 0.32, and compared to a loss of 0.03pershareayearago,indicatingasignificantdeclineinperformance[1]−Thecompanypostedrevenuesof0.03 per share a year ago, indicating a significant decline in performance [1] - The company posted revenues of 143.44 million for the quarter ended October 2024, surpassing the Zacks Consensus Estimate by 1.85%, but down from 166.48millioninthesamequarterlastyear[2]−Overthelastfourquarters,Tilly′shassurpassedconsensusEPSestimatestwotimesandtoppedconsensusrevenueestimatesthreetimes[2]StockPerformance−Tilly′sshareshavelostapproximately40.2166.48 million in the same quarter last year [2] - Over the last four quarters, Tilly's has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Performance - Tilly's shares have lost approximately 40.2% since the beginning of the year, contrasting with the S&P 500's gain of 27.6% [4] - The current Zacks Rank for Tilly's is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [7] Earnings Outlook - The current consensus EPS estimate for the coming quarter is -0.13 on revenues of 170.92million,andforthecurrentfiscalyear,itis−170.92 million, and for the current fiscal year, it is -0.92 on revenues of $590.52 million [8] - The estimate revisions trend for Tilly's is mixed, and future earnings expectations will depend on management's commentary during the earnings call [3][5] Industry Context - The Retail - Apparel and Shoes industry, to which Tilly's belongs, is currently in the top 31% of the Zacks industries, suggesting a favorable outlook compared to the bottom 50% [9]