Insider Trading Wed 9/27/23

Notable purchases -- CEO & Director add to ADC; notable sales -- EVPs active in DINO

Buyers:

• ADC President / CEO and one (1) Director bought 30,000 shares at $55.57 - $56.53 worth ~$1.7 mln.
• TLYS 10% owner bought 21,520 shares at $7.75 - $7.81 worth ~$168K.

Sellers:

• DINO EVP of Corporate and EVP of Operations sold 55,000 shares at $56.39 - $57.17 worth ~$3.1 mln.

Tilly's (TLYS) reported earnings on Wed 29 May 19 (a/h)

** charts before earnings **

** charts after earnings **

Tilly's reports EPS in-line, beats on revs; guides Q2 below consensus with comps down 6.6% through Memorial Day, largely attributable to unseasonable weather

• Reports Q1 (Apr) earnings of $0.02 per share, in-line with the S&P Capital IQ Consensus of $0.02; revenues rose 272.4% year/year to $460.3 mln vs the $128.84 mln S&P Capital IQ Consensus. Comparable store net sales, which includes e-commerce net sales, increased 2.4% compared to an increase of 0.1% during last year's first quarter. E-commerce net sales increased 29.6% and represented ~15.1% of total net sales this year, compared to a decrease of 7.2% and a 12.2% share of total net sales last year. Comparable store net sales in physical stores decreased 1.4% and represented ~84.9% of total net sales, compared to an increase of 1.2% and an 87.8% share of total net sales last year.
• Co issues downside guidance for Q2, sees EPS of $0.17-0.23 vs. $0.27 S&P Capital IQ Consensus; sees Q2 revs of $154-159 mln vs. $160.43 mln S&P Capital IQ Consensus. 
•  The Company's quarter-to-date comparable store net sales have decreased 6.6% through Memorial Day weekend. The Company believes this slow start is largely attributable to unseasonable weather across much of the country, particularly in California where 95 of the Company's 228 total stores reside, resulting in weak sales results across almost all spring/summer product categories. The Company believes these results will improve over the remainder of the second quarter, assuming more normal weather patterns occur

Earnings this week : May 27 - 31, 2019 (wk 22)

Monday (May 27)

• Markets closed for Memorial Day

Tuesday (May 28)

• Morning: AMWD BAH BNS MOMO NIO PLAN
• Afternoon: HEI NXGN RAMP WDAY YY

Wednesday (May 29)

• Morning: ANF BMO BZUN CMCO CPRI DAKT DKS GOOS HLNE HMLP THR WUBA
• Afternoon: DSGX KEYS PANW PVH QADA SMTC TLYS UHAL VEEV VRNT

Thursday (May 30)

• Morning: BITA BURL CSIQ DBI DG DLTR EXPR JILL MOV SAFM SPWH TECD TITN
• Afternoon: COO COST DELL GPS MRVL NTNX OKTA RRGB UBER ULTA VMW WSM YEXT ZS ZUO

Friday (May 31) 

• Morning: BIG GCO

• Workday (NASDAQ:WDAY), Momo (NASDAQ:MOMO), Nio (NYSE:NIO) and YY (NASDAQ:YY) on Mon May 28; 
• Palo Alto Networks (NYSE:PANW), Capri Holdings (NYSE:CPRI), Abercrombie & Fitch (NYSE:ANF) and Dick's Sporting Goods (NYSE:DKS) on May 29; 
• Lululemon (NASDAQ:LULU), Dell (NYSE:DELL), Costco (NASDAQ:COST), Gap (NYSE:GPS), Dollar General (NYSE:DG) and VMware (NYSE:VMW) on May 30; 
• Big Lots (NYSE:BIG) and Build-A-Bear Workshop (NYSE:BBW) on Fri May 31.

This week's biggest % winners & losers : Nov 26 - 30, 18 (wk 48)

The following are this week's top 20 percentage gainers and top 20 percentage losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top 20 % gainers

• Healthcare: CYH (4.75 +32.31%), NVAX (2.07 +20.35%), INOV (13.3 +18.96%)
• Industrials: SAVE (64.12 +24.36%), TITN (17.53 +23.19%), RUN (14.65 +17.95%)
• Consumer Discretionary: ANF (20.91 +30.44%), ERI (43.98 +22.68%), ETSY (54.04 +19.37%)
• Information Technology: JKS (11.57 +25.49%), TECD (89.95 +24.64%), LN (35.22 +23.36%), SPLK (111.73 +20.7%), SMTC (53.34 +19.36%), AMBA (39.99 +19.16%), BRKS (30.36 +18.27%), HUBS (139.03 +17.97%)
• Energy: EQGP (20.02 +25.13%), STNG (2.07 +21.76%)

This week's top 20 % losers

• Materials: GSM (2.21 -53.18%)
• Industrials: AVAV (76.6 -15.24%)
• Consumer Discretionary: TLYS (11.51 -24.72%), CHS (5.4 -23.94%), EXPR (6.24 -18.43%), PZZA (47.99 -16.23%)
• Energy: NBR (3.23 -16.54%), SPN (5.45 -12.66%)
• Consumer Staples: SFM (23.02 -16.05%)

Tilly's (TLYS) reported earnings on Wed 28 Nov 18 (a/h)

** charts after earnings **

 

Tilly's beats by $0.01, misses on revs; guides Q4 EPS below consensus, revs in-line

• Reports Q3 (Oct) earnings of $0.24 per share, excluding non-recurring items, $0.01 better than the S&P Capital IQ Consensus of $0.23; revenues fell 3.9% year/year to $146.8 mln vs the $148.74 mln S&P Capital IQ Consensus and company guidance of $145.0-151.0 mln.
  • Comparable store net sales, including e-commerce, increased 4.3% versus company guidance of +3-6%. Comparable store net sales in physical stores increased 1.3% and represented approximately 86% of total net sales. 
• Co issues guidance for Q4, sees EPS of $0.22-0.26 vs. $0.29 S&P Capital IQ Consensus; sees Q4 revs of $163.0-168.0 mln vs. $165.42 mln S&P Capital IQ Consensus.
  • Q4 revenue outlook based on an assumed 2% to 5% increase in comparable store net sales.
  • The Company expects total capital expenditures for fiscal 2019 not to exceed $25 million, comprised primarily of new store costs supplemented by continuing technology investments.

Tilly's (TLYS) reported earnings on Wed 30 May 18 (a/h)

** charts before earnings **

** charts after earnings **

Tilly's beats by $0.03, beats on revs; comps + 0.1%; guides JulQ EPS above consensus, revs above consensus 

• Reports Q1 (Apr) earnings of $0.04 per share, $0.03 better than the Capital IQ Consensus of $0.01; revenues rose 2.2% year/year to $123.63 mln vs the $121.86 mln Capital IQ Consensus.
  • Comparable store sales, which includes e-commerce sales, increased +0.1% in total. Comps at physical stores were +1.2% while e-commerce sales were -7.2%, yet improved incrementally in each month of the quarter. Co has been experiencing technical issues for its e-com business. Co believes it has addressed the most significant technical issues and results are beginning to improve. E-com sales remain inconsistent, but are off to a good start in Q2.
• Co issues upside guidance for Q2 (Jul), sees EPS of $0.24-0.28 vs. $0.12 Capital IQ Consensus Estimate; sees Q2 revs of $153-157 mln vs. $141.84 mln Capital IQ Consensus Estimate.
  • Note: A good part of the upside guidance is because of a calendar shift impact. This is due to the first several days of August, which are in the back-to-school season, shifting into Q2 vs being in Q3 last year. Co expects that this same calendar shift will have an opposite impact on Q3 (Oct).

Tilly's (TLYS) reported earnings on Mon 12 March 2018 (a/h)

** charts before earnings **

  

** charts after earnings **

  

Tilly's misses by $0.02, misses on revs; guides Q1 EPS in-line 

• Reports Q4 (Jan) earnings of $0.23 per share, including small tax charge, $0.02 worse than the Capital IQ Consensus of $0.25; revenues rose 2.6% year/year to $164.3 mln vs the $166.39 mln Capital IQ Consensus. Comps flat.
• Co issues in-line guidance for Q1, sees EPS of ($0.01)-0.03 vs. $0.01 two analyst estimate; expects its first quarter comparable store sales to range from flat to a low
  single-digit percentage increase