Tilly’s stock price has jumped about 46% since it reported much stronger than expected third quarter earnings last week.
Before the company released earnings Wednesday afternoon, Tilly’s stock closed at $9.87.
This morning, the stock is hovering at around $14.42.
Meanwhile the stock price of Zumiez, which also reported a strong Q3, has also increased, but more modestly, rising about 2% since the earnings release to $25.05.
The strong quarterly performance of Tilly’s and Zumiez was welcome news for the industry, which has been challenged at the retail and brand level for quite some time now.
However, both Tilly’s and Zumiez’s executives cautioned that store traffic patterns remain erratic and the retail landscape remains challenging.
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