Why Tilly's (TLYS) Stock Is Dropping Today

NEW YORK (TheStreet) -- Tilly's (TLYS) shares are down -6.3% to $7.98 on Thursday after reporting third quarter earnings guidance between 9 cents and 13 cents, well below Thomson Reuters consensus estimates of 19 cents.

The retailer reported second quarter earnings of 5 cents per diluted share, 10 cents lower than a year ago, but in line with analysts estimates.

Revenue for the quarter was $123.1 million, ahead of analysts expectations of $122.2 million.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TLYS Chart TLYS data by YCharts

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he and Stephanie Link think could be potentially HUGE winners. Click here to see the holdings for FREE.

More from Markets

Stocks Rise Sharply, Facebook Ignites a Nasdaq Rally

Stocks Rise Sharply, Facebook Ignites a Nasdaq Rally

Jim Cramer: Visa Is a Technology Company That Masquerades as a Financial Company

Jim Cramer: Visa Is a Technology Company That Masquerades as a Financial Company

Jim Cramer: Chipotle Shares Are Probably Done Going Down

Jim Cramer: Chipotle Shares Are Probably Done Going Down

Jim Cramer: This Is a Sad Time for Southwest Airlines

Jim Cramer: This Is a Sad Time for Southwest Airlines

Jim Cramer Just Spoke to Larry Kudlow About the China Trade Negotiations

Jim Cramer Just Spoke to Larry Kudlow About the China Trade Negotiations