Tilly's Expects Q2 Net Sales Of $160M - $165M, Est $161.77M; Loss Per Share Of $(0.13) - $(0.03), Est $(0.01)
Portfolio Pulse from Benzinga Newsdesk
Tilly's expects Q2 net sales between $160M and $165M, with a loss per share ranging from $(0.13) to $(0.03). The company anticipates a comparable net sales decrease of 7% to 10% compared to the same period last year.
June 06, 2024 | 8:29 pm
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Tilly's projects Q2 net sales between $160M and $165M, with a loss per share ranging from $(0.13) to $(0.03). The company expects a comparable net sales decrease of 7% to 10% compared to the same period last year.
The projected net sales and loss per share are below market expectations, indicating potential financial struggles. The anticipated decrease in comparable net sales further suggests a challenging quarter, likely leading to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100