Tilly’s (NYSE:TLYS) reports comparable sales during the nine-week holiday period fell 2.0%.

“Following a strong Black Friday weekend and Cyber Monday, our business experienced an unexpected deceleration in net sales and store traffic during the second and third weeks of December, resulting in a disappointing 2019 holiday season overall,” notes Tilly’s CEO Ed Thomas.

Total holiday sales were up 1.1%.

Tilly’s now now expects Q4 comparable store net sales to fall by 2% to 3% vs. +3.3% consensus and EPS to land in a range of $0.18 to $0.20 vs. $0.30 consensus and $0.29 to $0.32 prior view.


READ  Private equity: secondary education


Please enter your comment!
Please enter your name here