- Tilly's released its Q3 earnings results this week, reporting record sales of $206.1 million, and tied its best quarter yet for quarterly earnings per share despite industry-wide headwinds.
- The company continues to see impressive strength from e-commerce and is benefiting from more full-priced selling, with margins up nearly 700 basis points year-over-year.
- With Tilly's on track to report record annual earnings per share of more than $2.00 this year, the stock remains very reasonably valued trading at $16.50 per share.
- Given the strong momentum in the business and much better unit growth outlook for FY2022, I would view any pullbacks below $13.75 as low-risk buying opportunities.
For further details see:
Tilly's: Another Blowout Quarter In Q3