Update: Tilly's Shares Surge Pre-Bell as Fiscal Q2 Earnings Almost Triple, Sales Jump

MT Newswires Live

Sep 03

(Updates with the stock move in the headline and the first paragraph.)

Tilly's (TLYS) shares were up over 29% in Thursday's premarket activity after the company reported overnight fiscal Q2 earnings almost tripled amid a jump in net sales.

The company reported fiscal Q2 earnings late Wednesday of $0.27 per diluted share, up from $0.10 a year earlier.

Two analysts polled by FactSet expected $0.17.

Net sales in the 13 weeks ended Aug. 1 rose to $163.5 million from $151.3 million a year earlier.

Two analysts expected $157 million.

The company expects fiscal Q3 net income per diluted share of $0.07 to $0.12, on net sales of $150 million to $155 million.

Analysts expect a loss of $0.07 a share on revenue of $140.3 million.

Price: 4.92, Change: +1.11, Percent Change: +29.13

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