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Fly News Breaks for January 13, 2020
Jan 13, 2020 | 14:40 EDT
Roth Capital analyst Dave King maintained a Buy rating and on Tilly's (TLYS), but lowered his price target on shares to $12 from $13, following weaker-than-expected holiday comparisons of -2.0% that caused the company to lower its Q4 EPS guidance by 11c-12c to a range of 18c-20c. Despite this, the analyst maintained his Buy rating, citing Tilly's "attractive relative valuation, strong balance sheet, and focus on preserving product margins." King also expects management to announce "another meaningful special dividend" in the next few weeks.
News For TLYS From the Last 2 Days
Dec 2, 2021 | 18:35 EDT
Check out this evening's top movers from around Wall Street, compiled by The Fly. UP AFTER EARNINGSMarvell... To see the rest of the story go to See Story Here
Dec 2, 2021 | 16:09 EST
The company states: "Last year's fourth quarter was the first full period since the pandemic began in which the Company was fully operational. Total comparable net sales through November 30, 2021, increased by 19.6% compared to last year, with comparable net sales increases from physical stores of 27.6% and from e-commerce of 3.9%."
Dec 2, 2021 | 16:07 EST
Reports Q3 revenue $206.1M, consensus $190.0M. "Fiscal 2021 continues to be a record-setting year for us so far, which we believe has been driven by our strong product assortment, an improved consumer spending environment, and the hard work and dedication of our entire team. Each of the first three quarters have produced record net sales and earnings per share," commented Ed Thomas, President and Chief Executive Officer. "The fourth quarter is off to a strong start and, despite all of the challenges in the current environment, we remain optimistic about our business prospects for the remainder of fiscal 2021 and into fiscal 2022 at this time."