Related: Tilly’s Q4 2018 Earnings Conference Call Transcript
Looking Back
For the fourth quarter of 2018, Tilly’s had reported a 17.4% growth in adjusted earnings to $0.27 per share – which also exceeding the expectations – aided by a decline in income tax expense. However, the market reacted negatively to the report as the management’s first-quarter guidance fell short of expectations.
Sales have benefitted from the management’s efforts to ramp up the digital retail platform
At $170.6 million, revenues were up 3.8% in the fourth quarter. Comparable store net sales, which includes e-commerce sales, increased by 6.4%.
What Experts Say
On average, analysts covering the stock have given it buy rating, with an average price target of $16. The relatively low price of the stock makes it an investment option worth considering ahead of the earnings report.
Tilly’s shares have maintained a consistent downtrend over the past several months, after retreating from last year’s record high. The stock is currently trading 2% below the levels seen at the beginning of the year. In the past twelve months, it lost about 8%.