Tilly’s Posts 21% Profit Rise in 1st Quarter since IPOThursday, May 31, 2012
Action-sports retailer Tilly’s Inc. reported a 21% increase in profit, to $5.9 million, for its fiscal first quarter.
The Irvine-based company—reporting its first financial results since it went public on May 4—said quarterly revenue climbed 16% to $96.5 million.
Sales at stores open at least a year climbed 4.3% during the quarter, which ended April 28.
The company didn’t provide guidance for the current quarter.