$190.02 Million in Sales Expected for Tilly’s, Inc. (NYSE:TLYS) This Quarter

Equities research analysts expect Tilly’s, Inc. (NYSE:TLYS) to post sales of $190.02 million for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for Tilly’s’ earnings, with the highest sales estimate coming in at $192.10 million and the lowest estimate coming in at $187.66 million. Tilly’s posted sales of $140.28 million in the same quarter last year, which would indicate a positive year over year growth rate of 35.5%. The company is scheduled to announce its next earnings results after the market closes on Thursday, December 2nd.

On average, analysts expect that Tilly’s will report full-year sales of $753.12 million for the current year, with estimates ranging from $744.65 million to $766.30 million. For the next financial year, analysts expect that the firm will report sales of $770.60 million, with estimates ranging from $740.50 million to $798.70 million. Zacks’ sales averages are an average based on a survey of analysts that cover Tilly’s.

Tilly’s (NYSE:TLYS) last posted its quarterly earnings data on Wednesday, September 1st. The specialty retailer reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.15. The business had revenue of $201.95 million during the quarter, compared to analysts’ expectations of $197.76 million. Tilly’s had a net margin of 6.20% and a return on equity of 25.75%.

A number of research firms have issued reports on TLYS. Pivotal Research increased their target price on shares of Tilly’s from $17.00 to $18.00 and gave the stock a “hold” rating in a research report on Tuesday, August 31st. Zacks Investment Research downgraded shares of Tilly’s from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 4th. Finally, B. Riley raised their target price on shares of Tilly’s from $21.00 to $24.00 and gave the company a “buy” rating in a research note on Friday, September 3rd.

NYSE:TLYS traded up $0.47 during trading hours on Tuesday, reaching $16.77. 252,657 shares of the company’s stock were exchanged, compared to its average volume of 259,903. The company has a market capitalization of $519.15 million, a P/E ratio of 12.15 and a beta of 2.05. Tilly’s has a 12 month low of $7.67 and a 12 month high of $16.93. The business’s 50-day simple moving average is $14.56 and its two-hundred day simple moving average is $14.73.

In related news, Director Janet Kerr sold 8,000 shares of the business’s stock in a transaction that occurred on Thursday, September 30th. The shares were sold at an average price of $14.07, for a total transaction of $112,560.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 28.16% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in TLYS. First Quadrant L P CA bought a new stake in Tilly’s during the third quarter worth $32,000. Citigroup Inc. grew its stake in shares of Tilly’s by 146.8% in the third quarter. Citigroup Inc. now owns 2,660 shares of the specialty retailer’s stock valued at $37,000 after acquiring an additional 1,582 shares in the last quarter. Lazard Asset Management LLC acquired a new position in shares of Tilly’s in the first quarter valued at about $47,000. UBS Group AG grew its stake in shares of Tilly’s by 62.0% in the third quarter. UBS Group AG now owns 4,829 shares of the specialty retailer’s stock valued at $68,000 after acquiring an additional 1,848 shares in the last quarter. Finally, BNP Paribas Arbitrage SA grew its stake in shares of Tilly’s by 33.2% in the third quarter. BNP Paribas Arbitrage SA now owns 5,877 shares of the specialty retailer’s stock valued at $82,000 after acquiring an additional 1,465 shares in the last quarter. Institutional investors own 61.35% of the company’s stock.

Tilly’s Company Profile

Tilly’s, Inc engages in the retail of casual apparel, footwear, and accessories. Its stores are located in retail centers, including malls, lifestyle centers, power centers, community centers, outlet centers, and street-front locations. The company was founded by Hezy Shaked and Tilly Levine in 1982 and is headquartered in Irvine, CA.

Read More: What Every Investor Needs to Understand About Secondary Public Offerings

Get a free copy of the Zacks research report on Tilly’s (TLYS)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Tilly`s (NYSE:TLYS)

Receive News & Ratings for Tilly's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tilly's and related companies with MarketBeat.com's FREE daily email newsletter.