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4-Traders Homepage  >  Equities  >  Nyse  >  Tilly's Inc    TLYS

Delayed Quote. Delayed  - 05/25 10:02:02 pm
5.7 USD   -1.21%
05/25 TILLY : reports 1Q loss
05/25 TILLY’S, : Announces First Quarter Fiscal 2016 Results
05/17 TILLY’S, : to Present at the B. Riley & Co.’s 17th Annu..
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Tilly : reports 1Q loss

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05/25/2016 | 10:29pm CEST

IRVINE, Calif. (AP) _ Tilly's Inc. (TLYS) on Wednesday reported a fiscal first-quarter loss of $2.7 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Irvine, California-based company said it had a loss of 10 cents. Losses, adjusted for non-recurring costs, were 6 cents per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share.

The clothing and accessories retailer posted revenue of $120.2 million in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $119.5 million.

Tilly's shares have decreased 14 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.70, a drop of 56 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TLYS at http://www.zacks.com/ap/TLYS

Keywords: Tilly's, Earnings Report

Automated Insights, source Associated Press News

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