Stocks Fell In Reaction to Earnings: Tilly’s Inc. (NYSE:TLYS), Gordmans Stores (NASDAQ:GMAN), Safe Bulkers (NYSE:SB), Quality Systems, Inc. (NASDAQ:QSII), Fred’s, Inc. (NASDAQ:FRED

Tilly’s, Inc. (NYSE:TLYS) announced financial results for the first quarter of fiscal 2014 ended May 3, 2014. Gross profit was $31.3 million compared to $31.8 million in the first quarter of 2013. Gross margin was 28.2% compared to 29.1% in the first quarter of 2013. Product margins increased approximately 60 basis points, offset primarily by deleverage in occupancy costs as a result of the negative comparable store sales. Tilly’s Inc. (NYSE:TLYS) net profit margin is 4.10% and weekly performance is -13.51%. On last trading day company shares ended up $8.77. Analysts mean target price for the company is $14.64. Tilly’s Inc. (NYSE:TLYS) distance from 50-day simple moving average (SMA50) is -22.53%.

Gordmans Stores (NASDAQ:GMAN) released its earnings data on 28 may. The company reported ($0.04) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.02 by $0.06, AnalystRatingsNetwork reports. The company had revenue of $143.00 million for the quarter, compared to the consensus estimate of $141.74 million. During the same quarter last year, the company posted $0.17 earnings per share. Gordmans Stores’s revenue was up 8.8% compared to the same quarter last year. Gordmans Stores updated its Q2 guidance to ($0.16)-(0.13) EPS. Gordmans Stores, Inc. (NASDAQ:GMAN) shares fell -12.63% in last trading session and ended the day on $4.36. GMAN gross Margin is 41.70% and its return on assets is 3.40%.Gordmans Stores, Inc. (NASDAQ:GMAN) quarterly performance is -30.57%.

Safe Bulkers, Inc. (NYSE:SB) based in Greece, posted quarterly net income of $11.2 million or $0.13 per share, compared with $16.1 million or $0.21 per share a year ago. Excluding items, adjusted earnings for the quarter were $8.6 million or $0.10 per share. Safe Bulkers, Inc. (NYSE:SB) shares moved down -4.96% in last trading session and was closed at $8.05, while trading in range of $7.93 – $8.38. Safe Bulkers, Inc. (NYSE:SB) year to date (YTD) performance is -22.15%.

Quality Systems (NASDAQ:QSII) issued its quarterly earnings data on 29 may, Thursday. The company reported $0.12 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.16 by $0.04, AnalystRatings.Net reports. The company had revenue of $115.20 million for the quarter, compared to the consensus estimate of $112.22 million. During the same quarter last year, the company posted $0.21 earnings per share. Quality Systems’s revenue was up 3.5% compared to the same quarter last year. Quality Systems, Inc. (NASDAQ:QSII) ended the last trading day at $16.45. Company weekly volatility is calculated as 6.07% and price to cash ratio as 10.54.Quality Systems, Inc. (NASDAQ:QSII) showed a positive weekly performance of 1.86%.

Fred’s Inc. (NASDAQ:FRED) will shift its retail strategy, putting a greater emphasis on its pharmacies, in hopes of avoiding beatings like it took in the first quarter. The company reported that net income fell more than 46 percent to $6.1 million in the first quarter ended May 3 from $11.4 million in the same quarter of 2013. Fred’s, Inc. (NASDAQ:FRED) net profit margin is 1.30% and weekly performance is -5.08%. On last trading day company shares ended up $15.68. Analysts mean target price for the company is $17.25. Fred’s, Inc. (NASDAQ:FRED) distance from 50-day simple moving average (SMA50) is -12.78%.

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