secwatch.observer — SEC 8-K summary
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Issuer:     TILLY'S, INC. (TLYS)
CIK:        0001524025
Form:       8-K
Filed at:   2022-09-01T23:59:59+00:00
Accession:  0001628280-22-024146
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1524025/000162828022024146/0001628280-22-024146-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1524025/000162828022024146/tlys-20220901.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-024146

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer