Tokyo Lifestyle (NASDAQ:TKLF) Releases Earnings Results

Tokyo Lifestyle (NASDAQ:TKLF) announced its earnings results on Friday. The company reported $0.13 earnings per share (EPS) for the quarter, FiscalAI reports.

Tokyo Lifestyle Stock Down 2.9%

Shares of TKLF stock opened at $1.99 on Friday. The company has a quick ratio of 1.20, a current ratio of 1.24 and a debt-to-equity ratio of 0.15. Tokyo Lifestyle has a 52-week low of $1.76 and a 52-week high of $4.32. The company has a 50-day simple moving average of $2.13 and a two-hundred day simple moving average of $2.57.

Hedge Funds Weigh In On Tokyo Lifestyle

An institutional investor recently bought a new stake in Tokyo Lifestyle stock. Susquehanna International Group LLP purchased a new stake in shares of Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 77,482 shares of the company’s stock, valued at approximately $298,000. Susquehanna International Group LLP owned 1.83% of Tokyo Lifestyle as of its most recent filing with the Securities & Exchange Commission.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Tokyo Lifestyle in a research note on Friday, May 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

Tokyo Lifestyle Company Profile

Yoshitsu Co, Ltd engages in the retail and wholesale of beauty, health, and other products. It offers beauty products, such as cosmetics comprising of foundation, powder, concealer, makeup remover, eyeliner, eye shadow, brow powder, brow pencil, mascara, lip gloss, lipstick, and nail polish; skin care products consisting of facial cleanser, whitening products, sun block, moisturizer, facial mask, eye mask, eye gel, and exfoliating; and cosmetic applicators, such as brush, puff, curler, hair iron, and shaver products.