TILLY'S, INC. (TLYS) SEC Filings, Apr-Jun 2026

Relich Michael reported acquisition or exercise transactions in this Form 4 filing.

TILLY'S, INC. director Michael Relich received a grant of 15,444 shares of Class A Common Stock as a stock award. The shares are in the form of restricted stock that vests in two equal annual installments on each of the next two anniversaries of the grant date. Following this award, Relich directly holds 81,018 shares of Class A Common Stock.

JOHNSON SETH R reported acquisition or exercise transactions in this Form 4 filing.

TILLY'S, INC. director Seth R. Johnson reported receiving a grant of 15,444 shares of Class A common stock as an equity award. The filing states these shares are restricted stock that will vest in two equal annual installments on each of the next two anniversaries of the grant date. Following this grant, Johnson directly holds 174,363 shares of Class A common stock.

KERR JANET reported acquisition or exercise transactions in this Form 4 filing.

TILLY'S, INC. director Janet Kerr reported compensation-related equity activity in Class A Common Stock. She received a grant of 15,444 shares of restricted stock at $0.00 per share, which vest in two equal annual installments on each of the next two anniversaries of the grant date.

Following the grant, Kerr directly holds 89,526 Class A shares. In addition, 20,488 Class A shares are held indirectly through the Janet Kerr Living Trust, a revocable living trust of which she is trustee. The filing reflects equity compensation and updated ownership, not an open‑market purchase or sale.

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.