Tilly's Q1 2024 Adj EPS $(0.48) Misses $(0.46) Estimate, Sales $115.856M Beat $115.576M Estimate
Portfolio Pulse from Benzinga Newsdesk
Tilly's (NYSE:TLYS) reported Q1 2024 adjusted EPS of $(0.48), missing the $(0.46) estimate, and sales of $115.856M, beating the $115.576M estimate. EPS decreased by 20% year-over-year, while sales decreased by 6.29%.
June 06, 2024 | 8:22 pm
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NEGATIVE IMPACT
Tilly's reported Q1 2024 adjusted EPS of $(0.48), missing the $(0.46) estimate, and sales of $115.856M, beating the $115.576M estimate. EPS decreased by 20% year-over-year, while sales decreased by 6.29%.
The miss on EPS and the year-over-year decrease in both EPS and sales are likely to negatively impact Tilly's stock price in the short term, despite the slight beat on sales estimates.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100