Tilly's: Fiscal 4Q Earnings Snapshot

Associated Press |

IRVINE, Calif. (AP) _ Tilly's Inc. (TLYS) on Thursday reported fiscal fourth-quarter profit of $8.7 million.

The Irvine, California-based company said it had net income of 29 cents per share. Earnings, adjusted for non-recurring gains, came to 27 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share.

The clothing and accessories retailer posted revenue of $170.6 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $168.7 million.

For the year, the company reported profit of $24.9 million, or 84 cents per share. Revenue was reported as $598.5 million.

For the current quarter ending in May, Tilly's said it expects revenue in the range of $128 million to $130 million.

Tilly's shares have risen almost 6 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $11.48, increasing slightly in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TLYS at https://www.zacks.com/ap/TLYS

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