Brokerages Expect Tilly's Inc (TLYS) Will Post Quarterly Sales of $166.09 Million
Analysts predict that Tilly's Inc (NYSE:TLYS) will announce $166.09 million in sales for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for Tilly's’ earnings, with the lowest sales estimate coming in at $162.15 million and the highest estimate coming in at $173.30 million. Tilly's reported sales of $160.22 million during the same quarter last year, which would suggest a positive year over year growth rate of 3.7%. The business is scheduled to report its next quarterly earnings report on Monday, March 12th.
According to Zacks, analysts expect that Tilly's will report full year sales of $166.09 million for the current financial year, with estimates ranging from $574.73 million to $585.90 million. For the next fiscal year, analysts expect that the firm will post sales of $589.81 million per share, with estimates ranging from $585.30 million to $592.16 million. Zacks’ sales calculations are an average based on a survey of research firms that follow Tilly's.
Tilly's (NYSE:TLYS) last posted its quarterly earnings data on Wednesday, November 29th. The specialty retailer reported $0.30 EPS for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.09. The business had revenue of $152.80 million during the quarter, compared to analysts’ expectations of $151.44 million. Tilly's had a return on equity of 10.19% and a net margin of 2.50%. The business’s revenue was up .5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.22 earnings per share.
Shares of Tilly's (NYSE TLYS) opened at $14.01 on Friday. The company has a market capitalization of $415.09, a P/E ratio of 28.59 and a beta of -0.42. Tilly's has a 12-month low of $8.02 and a 12-month high of $16.57.
In related news, insider Debbie Anker-Morris sold 10,784 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $16.00, for a total transaction of $172,544.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Hezy Shaked sold 30,000 shares of the business’s stock in a transaction that occurred on Thursday, October 12th. The stock was sold at an average price of $11.74, for a total value of $352,200.00. The disclosure for this sale can be found here. Insiders have sold 327,655 shares of company stock valued at $4,430,779 over the last quarter. 50.12% of the stock is owned by company insiders.
Several institutional investors and hedge funds have recently modified their holdings of TLYS. First Trust Advisors LP purchased a new stake in shares of Tilly's during the third quarter worth approximately $122,000. Wells Fargo & Company MN boosted its stake in Tilly's by 74.7% during the third quarter. Wells Fargo & Company MN now owns 12,080 shares of the specialty retailer’s stock worth $133,000 after buying an additional 5,167 shares during the last quarter. Rhumbline Advisers boosted its stake in Tilly's by 4.2% during the second quarter. Rhumbline Advisers now owns 14,358 shares of the specialty retailer’s stock worth $146,000 after buying an additional 580 shares during the last quarter. Hillsdale Investment Management Inc. acquired a new position in Tilly's during the second quarter worth $151,000. Finally, Los Angeles Capital Management & Equity Research Inc. acquired a new position in Tilly's during the third quarter worth $151,000. Hedge funds and other institutional investors own 43.52% of the company’s stock.
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Tilly’s, Inc is a destination specialty retailer of casual apparel, footwear and accessories for young men, young women, boys and girls. The Company offers an unparalleled selection of relevant brands, styles, colors, sizes and price points. The Company’s apparel merchandise includes branded, fashion and styles for tops, outerwear, bottoms and dresses.
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