From Stock Story: 2024-06-06 16:48:22

Tilly’s (NYSE:TLYS) reported Q1 CY2024 results with revenue down 6.3% YoY to $115.9 million, meeting analyst expectations. Next quarter revenue is estimated at $162.5 million. GAAP loss per share was $0.65, compared to $0.40 a year ago. Same-store sales fell 8.6% YoY. Tilly’s has 246 locations. The company’s stock is down 6.7%, trading at $5.41 per share. Despite challenges, Tilly’s believes in progress with product margins and customer engagement. Retail in the apparel sector is evolving with a focus on omni-channel presence. Tilly’s is navigating industry shifts to improve performance.



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