Every 10-Q that Tilly's Inc. (TLYS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow TLYS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TLYS filings page.
Tilly’s, Inc. (TLYS) reported a strong turnaround for the quarter ended August 1, 2026, with net sales of $163.5 million, up 8.1% year over year, driven by a 12.1% increase in comparable store net sales and 20.9% e‑commerce growth.
Gross margin improved to 35.5% from 32.5%, and operating income rose to $8.2 million from $2.7 million, lifting quarterly net income to $8.4 million or $0.27 per diluted share. For the first half, sales grew 11.3% to $288.2 million, moving from a prior-year net loss of $19.0 million to a modest net profit of $0.4 million. Cash and cash equivalents reached $52.3 million with an additional $9.9 million in marketable securities and no borrowings under a $65 million revolving credit facility, while the company continues to caution about inflation, higher labor costs and macroeconomic pressures on its young consumer base.
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. reports another quarterly loss but with improved results versus last year. For the thirteen weeks ended November 1, 2025, net sales were $139.6M compared with $143.4M a year ago, while net loss narrowed sharply to $1.4M from $12.9M. Year-to-date net sales were $398.5M versus $422.2M, and the net loss improved to $20.4M from $32.6M.
Gross profit rose to $42.6M for the quarter from $37.2M, driven by lower product and occupancy costs, and operating loss shrank to $1.9M from $14.1M. Cash and cash equivalents increased to $39.0M as of November 1, 2025, up from $21.1M at the prior year-end, helped by positive investing cash flows and much lower operating cash use. Total stockholders’ equity declined to $81.6M from $114.3M a year earlier as cumulative losses continued.
The company operated 230 stores in 33 states, down from 246 a year ago, and expects to close a total of 21 stores in fiscal 2025. Management highlights ongoing headwinds from inflation, higher labor and operating costs, and cautious consumer spending, and it expects the annual effective tax rate to remain near zero due to a full valuation allowance on deferred tax assets.
Tillys, Inc. reported weaker first-half results with total net sales of $258.9 million, down 7.1% year-over-year, and comparable net sales down 5.5%. Physical store sales fell to $208.6 million (down 7.3%) while e-com sales were $50.2 million (down 6.3%). Gross profit was $70.4 million, or 27.2% of sales, improving margin mix by 140 basis points due to higher initial markups and lower markdowns, despite lower sales. SG&A was $90.4 million (34.9% of sales), contributing to a first-half $19.0 million net loss ($0.63 per share). The company operated 232 stores versus 247 a year ago and expects to close about 16 stores in fiscal 2025. Liquidity: an asset-based Revolving Commitment of $65.0 million (amended maturity June 25, 2027) with $63.0 million borrowing capacity and no outstanding borrowings as of August 2, 2025. Management cites inflationary pressure, wage increases, and retail softness as ongoing headwinds.