Tilly's, Inc. (TLYS) Tops Q2 EPS by 6c, Beats on Revenues; Offers 3Q EPS Guidance Above Consensus

August 23, 2017 4:07 PM

Tilly's, Inc. (NYSE: TLYS) reported Q2 EPS of $0.11, $0.06 better than the analyst estimate of $0.05. Revenue for the quarter came in at $138.8 million versus the consensus estimate of $135.99 million.

Fiscal 2017 Third Quarter Outlook

Based on current and historical trends, the Company expects its third quarter comparable store sales to be in the range of flat to up low single-digits on a percentage basis, operating income to be in the range of approximately $9.0 million to $11.5 million, and income per diluted share to be in the range of $0.19 to $0.24. This compares to operating income of $10.7 million and income per diluted share of $0.22 for the third quarter of fiscal 2016. This assumes an anticipated effective tax rate of approximately 40% and weighted average shares of approximately 29 million.

GUIDANCE:

Tilly's, Inc. sees Q3 2017 EPS of $0.19-$0.24, versus the consensus of $0.17.

The following comparisons refer to operating results for the second quarter of fiscal 2017 versus the second quarter of fiscal 2016 ended July 30, 2016:

For earnings history and earnings-related data on Tilly's, Inc. (TLYS) click here.

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