---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-024146"
form_type: "8-K"
ticker: "TLYS"
cik: "0001524025"
company_name: "TILLY'S, INC."
filed_at: "2022-09-01T23:59:59+00:00"
generated_at: "2026-06-23T17:26:55.100484+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Tilly's Q2 net sales down 16.7% YoY; net income $0.13 EPS vs $0.66; Q3 guidance weak

## Summary
- Q2 net sales $168.3M, down 16.7% from $202.0M; comparable sales -16.4%.
- Net income $3.8M ($0.13 diluted EPS) vs $20.4M ($0.66) last year.
- Gross margin 30.9% vs 37.0%; product margins down 280 bps on higher markdowns.
- Q3 guidance: net sales $165-170M, comparable sales -18% to -21%, EPS $0.05-0.11.
- CEO cites 40-year-high inflation and challenging back-to-school trends.

## SEC filing metadata
- accession: 0001628280-22-024146
- form_type: 8-K
- ticker: TLYS
- cik: 0001524025
- company_name: TILLY'S, INC.
- filed_at: 2022-09-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1524025/000162828022024146/0001628280-22-024146-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1524025/000162828022024146/tlys-20220901.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-024146
- JSON: https://secwatch.observer/filing/0001628280-22-024146.json
- Plain text: https://secwatch.observer/filing/0001628280-22-024146.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.