Tilly's Profit Misses Estimates, Q3 Guidance Weak; Stock Down 5%

(RTTNews) - Teen apparel retailer Tilly's Inc (TLYS) on Wednesday reported third-quarter net earnings of $0.6 million or $0.02 per share compared with $1.27 million or $0.05 per share last year.

Revenues for the quarter were $130 million compared with $123.1 million in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.04 per share on revenues of $130.3 million for the quarter. Analysts' estimates typically exclude special items.

For the third quarter, the company expects earnings of $0.12 to $0.16 per share, while analysts expect $0.19 per share.

The company expects third quarter comparable store sales growth to be positive low single digits.