Tilly's stock drops 28.5%, declining sales and cash burn, advised to avoid
From Barchart: 2024-12-25 04:08:14
Tilly’s stock has dropped 28.5% in the past six months, now trading at $3.56. Same-store sales have declined by 8.9% annually, EPS has dropped by 32.7% annually, and the company burned through $44.57 million of cash in the last year. With $209.1 million in debt exceeding cash on hand, Tilly’s may need to raise capital. Investors are advised to be cautious and consider other stocks. Check out our Top 5 Growth Stocks list for better investment options.
Read more at Barchart: Three Reasons to Avoid TLYS and One Stock to Buy Instead
