Tillys Inc

Victoria's Secret reported first-quarter revenue of $1.56 billion, up 15.3% year on year and exceeding analyst expectations by 2.6%. The company also beat earnings per share and gross margin estimates, with double-digit sales growth across its Victoria's Secret, PINK, and Beauty segments. It raised its full-year guidance by the most among the eight apparel retailers tracked, and its stock has surged 54.4% since the announcement to $83.85. Among peers, Tilly's posted the fastest revenue growth at 15.9% and the biggest estimate beat, while Lululemon delivered the weakest guidance update, with its stock falling 8.9%.

Zacks Investment Research added five stocks to its Zacks Rank Number 1 Strong Buy list on June 30th. Fomento Económico Mexicano, a beverage bottling company, saw its current-year earnings consensus estimate increase 18.5% over the last 60 days. Avnet, an electronic components company, had its estimate rise 10.8%. Tilly's, a specialty retailer, experienced a 64.7% increase. Reddit, an online community platform, saw a 21.4% rise. Hamilton Insurance Group, an insurance and reinsurance company, also had an 18.5% increase.

Urban Outfitters reported record first-quarter sales and earnings, with revenue rising 11.4% year on year to $1.48 billion, beating analyst estimates by 1.4%. The company was one of eight apparel retailers tracked by StockStory that collectively exceeded revenue consensus by 1% and issued in-line guidance for the next quarter. Among the group, Tilly's delivered the strongest performance with revenue up 15.9% to $124.7 million and the biggest analyst beat, while Lululemon was the weakest, missing full-year EPS guidance and seeing its stock fall 15.6%. Abercrombie & Fitch and American Eagle posted mixed results, with revenue of $1.11 billion and $1.20 billion respectively. On average, share prices of the eight retailers have held steady, rising 1.8% since the latest earnings reports.