Welcome to our dedicated page for Tillys SEC filings (Ticker: TLYS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Tilly's, Inc. filings document the public-company record for a specialty retailer of casual apparel, footwear, and accessories. Recent 8-K reports furnish earnings releases under Item 2.02, covering quarterly and annual operating results, financial condition, and related exhibits.
The company's proxy and current reports also disclose governance and compensation matters, including director and executive compensation, appointments of senior officers, compensatory arrangements, and amendments to the Third Amended and Restated Tilly's 2012 Equity and Incentive Award Plan. These records include equity award terms tied to the company's Class A common stock and board-level compensation approvals.
Tillys, Inc. reported a stronger first quarter of fiscal 2026 but remained unprofitable. Net sales rose to $124.7 million, up 15.9% year over year, driven by a 22.9% increase in comparable store net sales. Store sales reached $96.3 million and e‑commerce sales grew to $28.4 million, representing 22.8% of total net sales.
Gross profit improved to $36.1 million, or 28.9% of net sales, from 19.8% last year as product margins expanded and occupancy costs leveraged on a smaller store base of 220 locations versus 238 a year ago. Operating loss narrowed to $8.1 million, and net loss improved to $8.0 million, or $0.26 per share, compared with a $22.2 million loss, or $0.74 per share, last year.
The company ended the quarter with cash and cash equivalents of $31.2 million and marketable securities of $9.9 million, working capital of $13.5 million, and no borrowings under its $65.0 million asset‑backed revolving credit facility, with $50.7 million available to draw. Management highlights ongoing pressure from inflation and higher labor and operating costs, noting store hourly wages are about 37% above pre‑pandemic 2019 levels and expects its effective tax rate to remain near zero while a full deferred tax asset valuation allowance is in place.
Tilly’s, Inc. reported a sharp improvement in results for the first quarter of fiscal 2026, with total net sales of $124.7 million, up 15.9% year over year, and comparable net sales rising 22.9%. Store sales grew 12.1% to $96.3 million, while e-commerce sales increased 30.9% to $28.4 million.
Gross profit rose to $36.1 million, or 28.9% of net sales, compared to 19.8% last year, driven by better product margins and lower occupancy costs. The operating loss narrowed to $8.1 million from $22.7 million, and net loss improved to $8.0 million, or $(0.26) per share, versus $(0.74) per share a year ago.
The company ended the quarter with total available liquidity of $91.8 million, including $41.1 million in cash, cash equivalents, and marketable securities, and expects second-quarter net sales of $154 million to $160 million and net income of $3.8 million to $6.0 million, or $0.13 to $0.20 per diluted share.
Long Focus Capital Management, LLC and John Helmers reported their Schedule 13G for Class A Common Stock of TILLY'S, INC. (CUSIP 886885102). The filing states they directly own no Class A Common Stock and identifies ownership as 5% or less, with the snapshot taken as of March 31, 2026.
Tilly’s, Inc. is asking stockholders to vote at the June 10, 2026 annual meeting on board elections, an expanded equity incentive plan, auditor ratification, and executive pay.
The proxy seeks approval to add 2,500,000 shares to the 2012 Equity and Incentive Award Plan, raising the total share reserve to 11,113,900 shares and extending grant authority through April 1, 2036. The company reports a three-year adjusted average equity burn rate of 5.1% of basic weighted-average shares and an overhang rate of 16.3% as of January 31, 2026, which it estimates would rise to about 24.6% if the new share request is approved.
Stockholders will also vote on re-electing seven directors, ratifying BDO USA, P.C. as independent auditor for the year ending January 30, 2027, and giving a non-binding advisory approval of fiscal 2025 executive compensation.
Tillys, Inc. files its annual report describing a specialty retail business focused on casual apparel, footwear and accessories for young customers. The company operated 223 stores in 33 states as of January 31, 2026, plus a national e‑commerce platform.
E‑commerce net sales were $122 million in fiscal 2025, representing 22.1% of total net sales. Stores averaged $1.8 million in net sales, or $255 per square foot, and are supported by distribution and fulfillment centers in Irvine, California. The report highlights merchandising breadth, omni‑channel investments, and loyalty and digital marketing programs as key strengths.
Tillys also discloses recent operating losses, intense competition, reliance on leased real estate, geographic concentration in California, Texas, Arizona, Nevada, Florida and the Northeast, and various macro, fashion, supply chain, IT, climate and regulatory risks that could pressure sales, margins and liquidity.
TILLY'S, INC. reported that CFO Henry Michael received a grant of stock options covering 40,000 shares of Class A Common Stock. The options have an exercise price of $4.20 per share and expire on April 1, 2036. They vest in four equal annual installments on each anniversary of the April 1, 2026 grant date, contingent on his continued employment or service.
TILLY'S, INC. officer Michael Joseph Cingolani received a grant of stock options covering 40,000 shares of Class A Common Stock. The options have an exercise price of $4.20 per share and expire on April 1, 2036.
The options were awarded as compensation and are not an open-market purchase. According to the terms, they vest in four equal annual installments on each anniversary of the April 1, 2026 grant date, as long as he continues employment or service with the company through each vesting date. Following this grant, he holds 40,000 stock options directly.
TILLY'S, INC. director and officer Hezy Shaked received a grant of stock options covering 40,000 shares of Class A Common Stock. The options have an exercise price of $4.20 per share and expire on April 1, 2036.
The award vests in four equal annual installments on each of the next four anniversaries of the April 1, 2026 grant date, conditioned on his continued employment or service with the company. Following this grant, Shaked holds 40,000 stock options directly.
Shay Capital LLC, a 10% owner of TILLY'S, INC., reported an open-market sale of 20,000 shares of Common Stock on March 20, 2026 at a price of $3.7037 per share.
After this transaction, Shay Capital LLC directly holds 2,315,000 Tilly's shares, indicating a small reduction in its overall position.