Tilly's Q2 EPS $(0.00) Beats $(0.09) Estimate, Sales $162.87M Miss $163.81M Estimate
Portfolio Pulse from Benzinga Newsdesk
Tilly's reported a Q2 EPS of $0.00, beating the estimate of $(0.09), but sales of $162.87M missed the $163.81M estimate. Sales increased by 1.82% compared to the same period last year.
September 05, 2024 | 8:06 pm
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Tilly's Q2 earnings per share (EPS) of $0.00 surpassed expectations of $(0.09), indicating better-than-expected profitability. However, sales of $162.87 million slightly missed the $163.81 million estimate, though they increased by 1.82% year-over-year.
The positive EPS surprise suggests improved profitability, which is a positive indicator for investors. The slight miss in sales is less concerning given the year-over-year growth. Overall, the earnings report is likely to have a positive short-term impact on TLYS stock.
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IMPORTANCE 80
RELEVANCE 100