TillysNYSE: TLYS

Tilly's 2Q24 results were in line with guidance, showing 8% negative comparable sales but breaking even due to an extra back-to-school week. Persistent sales declines highlight both macroeconomic and model-specific challenges, with management acknowledging merchandising issues and launching a new brand campaign. Despite a 40% stock price drop, I maintain a Hold rating due to unresolved model viability concerns and challenging macroeconomic conditions.

Tilly's (TLYS) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.04 per share a year ago.

Tilly's 1Q24 results show negative revenue comparables and large operating losses. Despite small signs of change in management and operations, the company's valuation remains uncertain due to ongoing losses and cash reserve consumption. Tilly's stock may be attractive for aggressive investors speculating on a turnaround, but the lack of evidence for improvement suggests caution.

Tilly's, Inc. (NYSE:TLYS ) Q1 2024 Earnings Conference Call June 6, 2024 4:30 PM ET Company Participants Gar Jackson - Investor Relations Michael Henry - Executive Vice President and Chief Financial Officer Hezy Shaked - Executive Chairman and Interim President and Chief Executive Officer Conference Call Participants Marni Shapiro - The Retail Tracker Jeff Van Sinderen - B. Riley FBR Mitch Kummetz - Seaport Research Matt Koranda - ROTH Capital Operator Good day, and welcome to the Tilly's, Inc. First Quarter 2024 Earnings Call.

Tilly's (TLYS) came out with a quarterly loss of $0.48 per share versus the Zacks Consensus Estimate of a loss of $0.46. This compares to loss of $0.40 per share a year ago.

Tilly's, Inc. (NYSE:TLYS) Q4 2023 Results Conference Call March 14, 2024 4:30 PM ET

Tilly's (TLYS) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to earnings of $0.01 per share a year ago.

Tilly's (TLYS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Tilly's (TLYS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.