Tilly’s, Inc. to Post Q4 2023 Earnings of ($0.04) Per Share, B. Riley Forecasts (NYSE:TLYS)

Tilly’s, Inc. (NYSE:TLYSGet Rating) – B. Riley lowered their Q4 2023 earnings per share estimates for shares of Tilly’s in a research report issued on Thursday, January 12th. B. Riley analyst J. Van. Sinderen now forecasts that the specialty retailer will earn ($0.04) per share for the quarter, down from their prior estimate of $0.02. The consensus estimate for Tilly’s’ current full-year earnings is $0.31 per share. B. Riley also issued estimates for Tilly’s’ FY2024 earnings at $0.44 EPS.

Tilly’s (NYSE:TLYSGet Rating) last issued its earnings results on Thursday, December 1st. The specialty retailer reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.10. Tilly’s had a return on equity of 12.66% and a net margin of 3.14%. The business had revenue of $177.85 million during the quarter, compared to analysts’ expectations of $166.10 million.

Separately, StockNews.com began coverage on Tilly’s in a report on Wednesday, October 12th. They issued a “hold” rating for the company. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $10.00.

Tilly’s Trading Down 3.1 %

Shares of TLYS opened at $8.69 on Monday. Tilly’s has a 1 year low of $6.65 and a 1 year high of $13.84. The stock has a 50 day simple moving average of $9.16 and a 200-day simple moving average of $8.22. The stock has a market cap of $259.34 million, a PE ratio of 12.24 and a beta of 1.78.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its position in Tilly’s by 1.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,706,085 shares of the specialty retailer’s stock valued at $15,969,000 after buying an additional 26,857 shares during the last quarter. Divisar Capital Management LLC boosted its position in Tilly’s by 17.5% in the 2nd quarter. Divisar Capital Management LLC now owns 1,383,714 shares of the specialty retailer’s stock valued at $9,714,000 after buying an additional 206,498 shares during the last quarter. Vanguard Group Inc. boosted its position in Tilly’s by 3.7% in the 1st quarter. Vanguard Group Inc. now owns 1,207,259 shares of the specialty retailer’s stock valued at $11,300,000 after buying an additional 43,374 shares during the last quarter. Paradigm Capital Management Inc. NY boosted its position in Tilly’s by 49.1% in the 2nd quarter. Paradigm Capital Management Inc. NY now owns 1,199,548 shares of the specialty retailer’s stock valued at $8,421,000 after buying an additional 394,911 shares during the last quarter. Finally, Long Focus Capital Management LLC boosted its position in Tilly’s by 58.4% in the 3rd quarter. Long Focus Capital Management LLC now owns 1,180,100 shares of the specialty retailer’s stock valued at $8,166,000 after buying an additional 435,100 shares during the last quarter. 58.21% of the stock is currently owned by institutional investors.

Insider Activity at Tilly’s

In related news, insider Jonathon David Kosoff sold 12,500 shares of the firm’s stock in a transaction on Tuesday, December 6th. The stock was sold at an average price of $9.55, for a total transaction of $119,375.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 26.71% of the company’s stock.

Tilly’s Company Profile

(Get Rating)

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.

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

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