Net loss narrowed to $161,000 from a loss of $2,745,000 last year in the first quarter ended Apr. 29 on 1% higher revenues at $120,947,000 vs. $120,218,000 and comp store sales that increased 0.6% including e-commerce compared to -4.1% last year. A flat Mar. comp and low-teens Apr. comp more than offset a dismal Feb. in which comps were down double digits. Store comps were slightly negative, while e-commerce sales increased 6% and represented 13.4% of sales.

TLYS is cautiously optimistic for the second quarter, expecting earnings of $0.03 to $0.07 per share ($1.5 million) on comp store sales that are ... Log in to view full article.