Tilly's Inc. said its normalized net income for the fiscal second quarter ended Aug. 2 amounted to 5 cents per share, compared with the S&P Capital IQ consensus estimate of 5 cents per share.
EPS decreased 67.9% year over year from 16 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $1.4 million, a decrease of 67.9% from $4.5 million in the prior-year period.
The normalized profit margin fell to 1.2% from 3.6% in the year-earlier period.
Total revenue totaled $123.1 million, compared with $123.0 million in the prior-year period, and total operating expenses increased from the prior-year period to $120.7 million from $115.8 million.
Reported net income fell 66.7% from the prior-year period to $1.4 million, or 5 cents per share, from $4.2 million, or 15 cents per share.
