Before the bell, shares had tanked 25.8% to $7.85.
For its second quarter, management guides for comparable-store sales to decline in the high single digits with net income between 3 cents and 7 cents a share. Analysts forecast 13 cents a share in profits.
TheStreet Ratings team rates TILLY'S INC as a Sell with a ratings score of D+. TheStreet Ratings Team has this to say about their recommendation:
"We rate TILLY'S INC (TLYS) a SELL. This is driven by some concerns, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share."
- You can view the full analysis from the report here: TLYS Ratings Report