Tilly's, Inc. Announces Fiscal 2020 First Quarter Results, Provides Update on Store Reopenings
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Tilly's, Inc. (TLYS) Misses Q1 EPS by 23c, Revenues Miss
June 3, 2020 4:07 PM EDTTilly's, Inc. (NYSE: TLYS) reported Q1 EPS of ($0.59), $0.23 worse than the analyst estimate of ($0.36). Revenue for the quarter came in at $77.3 million versus the consensus estimate of $78.27 million.
First Quarter Results Overview
The following comparisons refer to operating results for the first quarter of fiscal 2020 versus the first quarter of fiscal 2019 ended May 4, 2019:
Total net sales were $77.3 million, a decrease of $53.0 million or 40.7%, compared to $130.3 million last year. As previously announced, the Company temporarily closed all of its 239 stores on March 18, 2020 in response to the COVID-19 pandemic. All... More