Tokyo Lifestyle (NASDAQ:TKLF) Announces Quarterly Earnings Results

Tokyo Lifestyle (NASDAQ:TKLF) posted its quarterly earnings data on Friday. The company reported $0.13 EPS for the quarter, FiscalAI reports.

Tokyo Lifestyle Stock Down 2.9%

TKLF stock traded down $0.06 during trading on Friday, reaching $1.99. 7,384 shares of the stock were exchanged, compared to its average volume of 100,363. Tokyo Lifestyle has a twelve month low of $1.76 and a twelve month high of $4.32. The stock has a 50 day simple moving average of $2.13 and a 200-day simple moving average of $2.58. The company has a quick ratio of 1.20, a current ratio of 1.24 and a debt-to-equity ratio of 0.15.

Institutional Investors Weigh In On Tokyo Lifestyle

A hedge fund recently bought a new stake in Tokyo Lifestyle stock. Susquehanna International Group LLP bought a new position in Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 77,482 shares of the company’s stock, valued at approximately $298,000. Susquehanna International Group LLP owned approximately 1.83% of Tokyo Lifestyle at the end of the most recent reporting period.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Tokyo Lifestyle in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

About Tokyo Lifestyle

Yoshitsu Co, Ltd engages in the retail and wholesale of beauty, health, and other products. It offers beauty products, such as cosmetics comprising of foundation, powder, concealer, makeup remover, eyeliner, eye shadow, brow powder, brow pencil, mascara, lip gloss, lipstick, and nail polish; skin care products consisting of facial cleanser, whitening products, sun block, moisturizer, facial mask, eye mask, eye gel, and exfoliating; and cosmetic applicators, such as brush, puff, curler, hair iron, and shaver products.