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Tillys Inc. (TLYS) stock surged during pre-market trading. Here’s what you should know?

Tillys Inc. (NASDAQ: TLYS) stock surged by 0.84% at last close whereas the TLYS stock price rises by 5.61% in the pre-market trading. Tillys is a leading specialty store of casual clothes, footwear, and accessories for young men, women, boys, and girls, with a broad variety of renowned global, developing, and proprietary brands anchored in an active, outdoor, and sociable lifestyle.

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Financial Highlights

Tillys has released its first-quarter 2021 financial results, today. Given below is the summary:

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Future Expectations

During this time, TLYS is unable to anticipate future consumer traffic or comparable store net sales figures with any precision. Yet, TLYS anticipates that, based on current trends, its fiscal 2021 second quarter net sales and profits per share will be higher than the second quarter of fiscal 2020 and fiscal 2019, as long as its shops and e-commerce remain operational throughout the period. TLYS plans to have 244 total stores by the end of the second quarter of fiscal 2021, up from 238 and 229 total stores at the end of the second quarter of fiscal 2020 and 2019, accordingly.

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