Tilly's (TLYS) Reports Earnings Tomorrow: What To Expect

Young adult apparel retailer Tilly’s (NYSE:TLYS) will be reporting results tomorrow after market close. Here’s what to look for.

Tilly's met analysts’ revenue expectations last quarter, reporting revenues of $115.9 million, down 6.3% year on year. It was a slower quarter for the company, with underwhelming earnings guidance for the next quarter and a miss of analysts’ earnings estimates.

Is Tilly's a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Tilly’s revenue to grow 2.4% year on year to $163.8 million, a reversal from the 5% decrease it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.06 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Tilly's has missed Wall Street’s revenue estimates three times over the last two years.

Looking at Tilly’s peers in the apparel retailer segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Gap delivered year-on-year revenue growth of 4.8%, beating analysts’ expectations by 2.5%, and Abercrombie and Fitch reported revenues up 21.2%, topping estimates by 4.1%. Gap’s stock price was unchanged after the results, while Abercrombie and Fitch was down 14.7%.

Read our full analysis of Gap’s results here and Abercrombie and Fitch’s results here.

Investors in the apparel retailer segment have had steady hands going into earnings, with share prices up 1.9% on average over the last month. Tilly's is up 8% during the same time and is heading into earnings with an average analyst price target of $6.5 (compared to the current share price of $5.12).

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