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Tilly's: Fiscal Q1 Earnings Snapshot
By Ap News - Jun 06, 2024, 04:21 PM ET
Last Updated - Jun 06, 2024, 04:21 PM EDT
IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — Tilly's Inc. (TLYS) on Thursday reported a loss of $19.6 million in its fiscal first quarter.
On a per-share basis, the Irvine, California-based company said it had a loss of 65 cents. Losses, adjusted for non-recurring costs, came to 48 cents per share.
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The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 46 cents per share.
The clothing and accessories retailer posted revenue of $115.9 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $115.6 million.
For the current quarter ending in July, Tilly's expects its results to range from a loss of 13 cents per share to a loss of 3 cents per share.
The company said it expects revenue in the range of $160 million to $165 million for the fiscal second quarter.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a TLYS">Zacks stock report on TLYS at https://www.zacks.com/ap/TLYS
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