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Tilly's beats Street 4Q forecasts

IRVINE, Calif. (AP) _ Tilly's Inc. (TLYS) on Monday reported fiscal fourth-quarter profit of $6.3 million.

On a per-share basis, the Irvine, California-based company said it had profit of 22 cents.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share.

The clothing and accessories retailer posted revenue of $160.2 million in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $159.9 million.

For the year, the company reported profit of $11.4 million, or 40 cents per share. Revenue was reported as $569 million.

Tilly's shares have declined 24 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $10.04, a rise of 19 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TLYS at https://www.zacks.com/ap/TLYS

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Keywords: Tilly's, Earnings Report