Teen apparel retailer narrows loss amid sales gains
A tough February couldn't keep Tilly's down, which reported better-than-expected results for its first quarter.
The teen apparel and footwear retailer narrowed its loss in the first quarter to $161,000, or 1 cent a share, compared with a net loss of $2.7 million, or 10 cents a share, in the year-ago period. Its results were better than expected.
Net sales inched up 0.6% to $120.9 million, better easily beating the Street. Same-store sales rose 0.6%.