Update: Tilly's Shares Surge Pre-Bell as Fiscal Q2 Earnings Almost Triple, Sales Jump
(Updates with the stock move in the headline and the first paragraph.)Tilly's (TLYS) shares were up over 29% in Thursday's premarket activity after the company reported overnight fiscal Q2 earnings almost tripled amid a jump in net sales.The company reported fiscal Q2 earnings late Wednesday of $0.27 per diluted share, up from $0.10 a year earlier.Two analysts polled by FactSet expected $0.17.Net sales in the 13 weeks ended Aug. 1 rose to $163.5 million from $151.3 million a year earlier.Two analysts expected $157 million.The company expects fiscal Q3 net income per diluted share of $0.07 to $0.12, on net sales of $150 million to $155 million.Analysts expect a loss of $0.07 a share on revenue of $140.3 million.Price: $4.92, Change: $+1.11, Percent Change: +29.13%
