Wall Street brokerages expect that Tilly’s Inc (NYSE:TLYS) will report $149.55 million in sales for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Tilly’s’ earnings. The lowest sales estimate is $147.78 million and the highest is $153.00 million. Tilly’s reported sales of $152.82 million during the same quarter last year, which indicates a negative year over year growth rate of 2.1%. The business is expected to announce its next earnings report on Wednesday, December 5th.

On average, analysts expect that Tilly’s will report full year sales of $601.90 million for the current fiscal year, with estimates ranging from $599.20 million to $605.30 million. For the next financial year, analysts forecast that the business will report sales of $637.68 million per share, with estimates ranging from $620.14 million to $652.20 million. Zacks’ sales averages are an average based on a survey of research analysts that follow Tilly’s.

Tilly’s (NYSE:TLYS) last announced its earnings results on Wednesday, August 29th. The specialty retailer reported $0.29 EPS for the quarter, topping the consensus estimate of $0.26 by $0.03. The firm had revenue of $157.41 million for the quarter, compared to the consensus estimate of $155.30 million. Tilly’s had a net margin of 4.41% and a return on equity of 15.08%. The business’s quarterly revenue was up 13.4% on a year-over-year basis. During the same period last year, the company posted ($0.11) EPS.

Several analysts have commented on TLYS shares. Pivotal Research downgraded shares of Tilly’s from a “buy” rating to a “hold” rating and raised their target price for the stock from $21.00 to $22.00 in a report on Tuesday, September 4th. B. Riley raised their target price on shares of Tilly’s from $17.00 to $26.00 and gave the stock a “buy” rating in a report on Tuesday, September 4th. Zacks Investment Research upgraded shares of Tilly’s from a “hold” rating to a “buy” rating and set a $23.00 target price on the stock in a report on Saturday, September 1st. William Blair upgraded shares of Tilly’s from a “market perform” rating to an “outperform” rating in a report on Thursday, August 30th. Finally, Roth Capital set a $22.00 target price on shares of Tilly’s and gave the stock a “buy” rating in a report on Thursday, August 30th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Tilly’s currently has an average rating of “Buy” and an average target price of $23.25.

In other news, insider Hezy Shaked sold 2,879,049 shares of Tilly’s stock in a transaction that occurred on Tuesday, September 11th. The shares were sold at an average price of $18.50, for a total value of $53,262,406.50. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Tilly Levine sold 20,000 shares of Tilly’s stock in a transaction that occurred on Thursday, July 12th. The shares were sold at an average price of $14.62, for a total transaction of $292,400.00. The disclosure for this sale can be found here. Insiders sold 5,528,521 shares of company stock worth $101,953,139 over the last quarter. 48.26% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Mackay Shields LLC bought a new position in shares of Tilly’s in the first quarter valued at $730,000. Schwab Charles Investment Management Inc. grew its stake in shares of Tilly’s by 28.4% in the first quarter. Schwab Charles Investment Management Inc. now owns 79,453 shares of the specialty retailer’s stock valued at $898,000 after buying an additional 17,576 shares in the last quarter. Engineers Gate Manager LP bought a new position in shares of Tilly’s in the first quarter valued at $152,000. Federated Investors Inc. PA grew its stake in shares of Tilly’s by 48.9% in the first quarter. Federated Investors Inc. PA now owns 19,207 shares of the specialty retailer’s stock valued at $217,000 after buying an additional 6,307 shares in the last quarter. Finally, Matarin Capital Management LLC bought a new position in shares of Tilly’s in the first quarter valued at $1,500,000. Institutional investors own 48.68% of the company’s stock.

TLYS stock traded down $0.17 during mid-day trading on Friday, hitting $18.72. 520,857 shares of the company were exchanged, compared to its average volume of 263,869. The company has a market capitalization of $553.63 million, a P/E ratio of 28.88 and a beta of -0.05. Tilly’s has a 1-year low of $10.72 and a 1-year high of $25.46.

Tilly’s Company Profile

Tilly's, Inc retails casual apparel, footwear, and accessories for young men and women, and boys and girls in the United States. Its apparel merchandise includes tops, outerwear, bottoms, and dresses; and accessories merchandise comprises backpacks, hats, sunglasses, headphones, handbags, watches, jewelry, and others.

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Earnings History and Estimates for Tilly`s (NYSE:TLYS)

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