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Tilly's Inc. (TLYS) Is Down Sharply After Weak Q4 Report

Tilly's Inc. (TLYS) reported fourth quarter EPS of $0.23 after the bell Monday, up from $0.22 in the previous year. Revenues increased by 2.6 percent to $164.3 million, from $160.2 million last year. Street expectations were for EPS of $0.25 and revenues of $166.09 million.

The company expects to report first quarter EPS between a loss of $0.01 an a profit of $0.03. The consensus estimate is for a profit of $0.02.

Tilly's has gapped open sharply lower Tuesday morning and is now down 1.93 at $12.41. The stock has fallen to nearly a 2-week low.

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