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Teen apparel retailer beats Q4 forecasts

March 14, 2017

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An increase in revenue and comparable store sales helped Tilly’s beat analyst expectations for the fourth quarter.

For the period ended January 28, 2017, Tilly’s revenue was $160.2 million, an increase from $159.1 million last year. Net sales also topped Wall Street forecasts of $159.9 million. The chain also beat analyst predictions of earnings hitting 21 cents per share. Tilly’s posted a profit of 22 cents per share.

Same-store sales, including e-commerce sales, increased 0.1%. Comparable store sales increased 0.9% in the fourth quarter last year.

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