Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

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

News SummaryMost relevantAll newsSector newsTweets 
The feature you requested does not exist. However, we suggest the following feature:

Tilly's Inc : Earnings Highlights and Review: Tilly's Outperformed Top- and Bottom-line Expectations

share with twitter share with LinkedIn share with facebook
share via e-mail
06/13/2017 | 02:17pm CEST

Research Desk Line-up: Guess' Post Earnings Coverage

LONDON, UK / ACCESSWIRE / June 13, 2017 / Pro-Trader Daily publishes post-earnings coverage on Tilly's, Inc. (NYSE: TLYS) following the Company's posting of its first quarter of fiscal 2017 earnings results on May 23, 2017. The clothing and accessories retailer reported a marginal increase in revenue while its net loss narrowed on a y-o-y basis. Our daily stock reports are accessible for free, and with those to look forward today you also will be signing up for a complimentary member's account at:


Get more of our free earnings reports coverage from other constituents of the Apparel Stores industry. Pro-TD has currently selected Guess', Inc. (NYSE: GES) for due-diligence and potential coverage as the Company reported on May 24, 2017, its financial results for Q1 which ended on April 29, 2017. Register for a free membership today, and be among the early birds that get access to our report on Guess' when we publish it.

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on TLYS; also brushing on GES. With the links below you can directly download the report of your stock of interest free of charge at:



Earnings Reviewed

For the thirteen week of fiscal 2017 ended April 29, 2017, Tilly's total net sales were $120.9 million, up 0.6% from net sales $120.2 million in Q1 FY16. The Company's reported numbers exceeded analysts' estimates of $114.4 million.

For Q1 2017, Tilly's comparable store sales (comps), which include ecommerce sales, grew 0.6% in the reported quarter. The Company's store comps were almost flat on store traffic that grew 1% on a y-o-y basis. Tilly's ecommerce sales increased 6% and represented 13.4% of its total sales for Q1 2017 versus 12.7% in the year ago comparable period. In the reported quarter, the Company's store count dropped to 222 from 224 in the prior year's same period.

During Q1 2017, Tilly's gross margin, or gross profit as a percentage of net sales, increased to 27.2% from 27.1% in Q1 2016 with gain in gross margin attributable to an 80 basis point reduction in buying, distribution, and occupancy costs, offset by a 70 basis point decline in product margins from increased markdowns.

For Q1 2017, Tilly's selling, general, and administrative expenses ("SG&A") totaled $33.2 million, a decrease of $3.3 million from $36.6 million in Q1 2016. As a percentage of net sales, SG&A improved 290 basis points to 27.5% in the reported quarter from 30.4% in the year ago period. Tilly's operating loss was $0.3 million, or 0.3% of net sales, in Q1 2017 compared to an operating loss of $4.0 million, or 3.3% of net sales, in Q1 2016. The 300 basis point improvement in operating margin was primarily attributable to the reductions in SG&A.

Tilly's net loss narrowed to $0.2 million, or $0.01 per share, for Q1 2017 compared to a net loss of $2.7 million, or $0.10 per share, for Q1 2016. The Company's reported numbers were better than Wall Street's expectations for a loss of $0.10 per share.

"We believe our initiatives are gaining traction. After a tough February, our combined March/April comparable store sales were up 5.3%, resulting in a positive comparable store sales result for the first quarter as a whole and our fourth consecutive quarter of year-over-year operating income improvement," commented Ed Thomas, the Company's President and Chief Executive Officer.

Balance Sheet and Liquidity

As of April 29, 2017, Tilly's had $105.6 million of cash and marketable securities, a 19.5% increase compared to $88.4 million of cash and marketable securities as of April 30, 2016, despite having paid the first-ever special cash dividend to stockholders of $20.1 million in the aggregate from cash on hand during February 2017. The Company had no debt under its recently renewed credit facility. During Q1 2017, Tilly's inventory decreased 6.8% on a per square foot basis. Tilly's capital expenditures for the reported quarter were $3 million compared to $4.3 million in the year ago same period.


Based on current trends, Tilly's is forecasting Q2 2017 comparable store sales to be in the range of flat to up low single-digits, operating income to be in the band of $1.2 million to $3.5 million, and income per diluted share to be in the range of $0.03 to $0.07.

Stock Performance

At the closing bell, on Monday, June 12, 2017, the stock was marginally up 0.48%, ending the trading session at $10.37. A total volume of 100.12 thousand shares have exchanged hands. Tilly's stock price skyrocketed 4.54% in the last one month, 3.29% in the past three months, and 82.79% in the previous twelve months. The stock is trading at a PE ratio of 21.21 and currently has a market cap of $302.60 million.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.


The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst, for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.


PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.


This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.


For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: [email protected]

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily

© Accesswire 2017
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on TILLY'S INC
06/13 TILLY'S INC : Earnings Highlights and Review: Tilly's Outperformed Top- and Bott..
06/06 TILLY : New Residence Hall Update
06/02 MAX ATTACK HERO 'TILLY' : 'Always doing something great'
05/31 TILLY : S, INC. Management's Discussion and Analysis of Financial Condition and ..
05/24 TILLY'S INC (NYSE : TLYS) reported earnings of ($0.01) per share beating Walls S..
05/23 TILLY : reports 1Q loss
05/23 TILLYS, INC. (NYSE : TLYS) Files An 8-K Results of Operations and Financial Cond..
05/23 TILLY’S, INC. : Announces Fiscal 2017 First Quarter Results
05/23 TILLY'S, INC. : Results of Operations and Financial Condition, Financial Stateme..
05/18TILLY'S INC : quaterly earnings release
More news
Sector news : Apparel & Accessories Retailers - NEC
06/20 CK Hutchison skirts report of Li Ka-shing retirement, tycoon in "good health"
06/16DJToday's Top Supply Chain and Logistics News From WSJ
06/15 HENNES & MAURITZ : H&M sales miss forecast after rough start to May
06/14DJINDITEX : How Zara Is Defying a Broad Retail Slump
06/14DJINDITEX : Zara Parent Inditex Beats Rivals With 18% First-Quarter Profit Rise --..
More sector news : Apparel & Accessories Retailers - NEC
News from SeekingAlpha
06/20 TOP MARKET NEWS : What Happened In Investing Today
06/20 Apparel stocks clipped after Amazon previews fashion concept
06/20 Fashion play coming from Amazon
06/10 Retail sector looks to shake off border tax talk
05/25 Uplifting day in retail sector
Financials ($)
Sales 2018 572 M
EBIT 2018 21,4 M
Net income 2018 13,1 M
Debt 2018 -
Yield 2018 -
P/E ratio 2018 21,69
P/E ratio 2019 19,27
Capi. / Sales 2018 0,49x
Capi. / Sales 2019 0,49x
Capitalization 283 M
More Financials
Duration : Period :
Tilly's Inc Technical Analysis Chart | TLYS | US8868851028 | 4-Traders
Full-screen chart
Technical analysis trends TILLY'S INC
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus OUTPERFORM
Number of Analysts 3
Average target price 12,0 $
Spread / Average Target 22%
Consensus details
EPS Revisions
More Estimates Revisions
Edmond S. Thomas President, Chief Executive Officer & Director
Hezy Shaked Executive Chairman & Chief Strategy Officer
Michael L. Henry Chief Financial Officer & Head-Investor Relations
Janet E. Kerr Independent Director
Seth R. Johnson Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
TILLY'S INC-25.47%283
INDITEX SA7.49%121 499
ROSS STORES-14.19%21 907
L BRANDS INC-18.80%15 335
ZALANDO13.03%11 348
More Results