Tilly’s Intrinsic Value Calculator – TILLY’S Reports Financial Results for Second Quarter of FY2024
September 3, 2023
🌥️Earnings Overview
TILLY’S ($NYSE:TLYS) reported their financial results for the second quarter of FY2024 which ended on July 31 2023. Revenue for the quarter was USD 159.9 million, a 5.0% decrease year-on-year. Net income for the quarter was USD -1.1 million, versus USD 3.8 million in the same period of the prior year.
Market Price
The company saw a significant increase in its stock price, with the opening price of $8.8 and the closing price of $9.0, which was a 2.9% increase from its prior closing price of 8.7. This increase reflects the positive sentiment of investors in the company as it continues to grow its business. TILLY’S continues to focus on its core competencies, including providing quality apparel at an attractive price point for its customers. The company also continues to make strategic investments in its infrastructure and technology, in order to better serve its customers and ensure that the business is well-positioned for long-term success.
In addition, TILLY’S has taken a number of steps to drive sustainability initiatives throughout the organization, including a commitment to reducing greenhouse gas emissions and the use of recycled materials in their products. This focus on sustainability allows the company to remain competitive in a rapidly changing environment. Overall, the second quarter of fiscal year 2024 was a positive period for TILLY’S, with stock prices increasing by 2.9% during the quarter. This demonstrates the continued confidence of investors in the company and its long-term prospects. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Tilly’s. More…
| Total Revenues | Net Income | Net Margin |
| 641.78 | -8.05 | -1.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Tilly’s. More…
| Operations | Investing | Financing |
| 1.8 | -31.73 | -1.01 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Tilly’s. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 503.29 | 338.37 | 5.52 |
Key Ratios Snapshot
Some of the financial key ratios for Tilly’s are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.9% | -26.7% | -2.3% |
| FCF Margin | ROE | ROA |
| -2.0% | -5.7% | -1.9% |
Analysis – Tilly’s Intrinsic Value Calculator
At GoodWhale, we have conducted a comprehensive financial analysis of TILLY’S. By leveraging our proprietary Valuation Line, we have determined that the fair value of TILLY’S share is around $9.4. Interestingly, TILLY’S stock is currently traded at $9.0, which is a fair price but slightly undervalued by 4.6%. Thus, it may be a good opportunity for investors to buy TILLY’S shares at this price point. More…
Peers
In the retail industry, competition is fierce. Tilly’s Inc, a leading retailer, competes against Konaka Co Ltd, Buckle Inc, and C’sMEN Co Ltd. All four companies are fighting for market share and customer loyalty. Tilly’s Inc has an advantage because it is a well-established company with a strong brand. Konaka Co Ltd is a newer company, but it has been quickly gaining market share. Buckle Inc is a middle-of-the-road company, but it has a loyal customer base. C’sMEN Co Ltd is the smallest company, but it is growing rapidly. All four companies are vying for the top spot in the retail industry.
– Konaka Co Ltd ($TSE:7494)
Konaka Co Ltd is a Japanese company that manufactures electronic and electrical products. It has a market cap of 9.72B as of 2022 and a Return on Equity of 0.49%. The company has a strong presence in Asia and is expanding its operations in Europe and the United States. Konaka is a leading provider of electronic components and assemblies for the automotive, telecommunications, and consumer electronics industries. It has a diversified product portfolio that includes semiconductors, sensors, and other electronic components.
– Buckle Inc ($NYSE:BKE)
Buckle Inc is a clothing retailer that operates in the United States. The company offers a variety of clothing items for men, women, and children. Buckle Inc has a market cap of 1.77B as of 2022. The company has a Return on Equity of 55.65%. Buckle Inc is a publicly traded company on the Nasdaq Stock Market.
– C’sMEN Co Ltd ($TSE:3083)
The company’s market cap is 1.53B as of 2022 and has a Return on Equity of -8.28%. The company engages in the business of selling men’s apparel and accessories in Japan.
Summary
TILLY’S reported second quarter FY2024 financial results, showing a 5.0% decrease in revenue from the same period last year, to USD 159.9 million. Net income for the quarter was negative at USD -1.1 million, down from USD 3.8 million in the same time frame of the previous year. Investors should carefully consider these results when analyzing the stock performance of TILLY’S, as lackluster financial performance may be a sign of broader problems within the company. However, investors should also keep an eye on upcoming quarters to see if the company can regain its footing and turn around its performance.
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