Tilly's Inc is a retail company that specializes in casual apparel, footwear, and accessories for young adults and children
The brand focuses on providing a wide range of trendy and stylish products that cater to the active lifestyle of its customers. Tilly's emphasizes a unique in-store experience and offers a selection of popular brands and private label merchandise. Through its retail locations and online presence, the company strives to connect with its youthful audience by fostering a community around the culture of action sports, music, and fashion.
Shareholders of Tilly's would probably like to forget the past six months even happened. The stock dropped 28.5% and now trades at $3.56. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.
Young adult apparel retailer Tilly’s (NYSETLYS) reported Q3 CY2024 results beating Wall Street’s revenue expectations, but sales fell by 13.8% year on year to $143.4 million. On the other hand, next quarter’s revenue guidance of $152.5 million was less impressive, coming in 9.5% below analysts’ estimates. Its GAAP loss of $0.43 per share was 16.2% below analysts’ consensus estimates.
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Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Tilly's (NYSETLYS) and the best and worst performers in the apparel retailer industry.
