Tilly’s: Fiscal 3Q Earnings Snapshot
IRVINE, Calif. (AP) _ Tilly’s Inc. (TLYS) on Wednesday reported fiscal third-quarter profit of $6.4 million.
The Irvine, California-based company said it had profit of 21 cents per share. Earnings, adjusted for non-recurring costs, were 24 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 23 cents per share.
The clothing and accessories retailer posted revenue of $146.8 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $149.6 million.
For the current quarter ending in January, Tilly’s said it expects revenue in the range of $163 million to $168 million.
Tilly’s shares have risen 3.5 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $15.28, a rise of 15 percent in the last 12 months.