---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-011214"
form_type: "8-K"
ticker: "TLYS"
cik: "0001524025"
company_name: "TILLY'S, INC."
filed_at: "2024-03-14T23:59:59+00:00"
generated_at: "2026-06-04T19:22:58.868232+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Tilly's reports Q4 GAAP loss per share $(0.69); non-GAAP loss $(0.17)

## Summary
- Total net sales $173.0M, down 4.1% from $180.4M; comparable sales down 8.8%.
- GAAP net loss $(20.6)M vs $(0.1)M last year; non-GAAP net loss $(5.2)M.
- Operating loss $(8.5)M vs $(1.4)M; gross margin 27.0% vs 29.0% due to markdowns.
- Full year net loss $(34.5)M vs net income $9.7M; comparable sales down 10.6%.
- Non-cash deferred tax asset valuation allowance of $15.4M recorded in Q4.

## SEC filing metadata
- accession: 0001628280-24-011214
- form_type: 8-K
- ticker: TLYS
- cik: 0001524025
- company_name: TILLY'S, INC.
- filed_at: 2024-03-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1524025/000162828024011214/0001628280-24-011214-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1524025/000162828024011214/tlys-20240314.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-011214
- JSON: https://secwatch.observer/filing/0001628280-24-011214.json
- Plain text: https://secwatch.observer/filing/0001628280-24-011214.txt

## Key facts
- Earnings Releases
  TILLY'S, INC. reported fourth quarter of fiscal 2023 ended February 3, 2024 results: revenue $173.0 million, net income $(20.6) million, EPS $(0.69) loss per share.
  - Period: fourth quarter of fiscal 2023 ended February 3, 2024
  - Revenue: $173.0 million
  - Net income: $(20.6) million
  - EPS: $(0.69) loss per share
  - Result: reported results
  source text: for the fourth quarter of fiscal 2023 (14 weeks) ended February 3, 2024 versus the fourth quarter of fiscal 2022 (13 weeks) ended January 28, 2023. • Total net sales were $173.0 million, a decrease of $7.3 million or 4.1%, compared to $180.4 million last year. Total comparable net sales, including both physical stores and e-commerce ("e-com"), decreased by 8.8%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1524025/000162828024011214/0001628280-24-011214-index.htm
- Earnings Releases
  TILLY'S, INC. reported fiscal 2023 (53 weeks) ended February 3, 2024 results: revenue $623.1 million.
  - Period: fiscal 2023 (53 weeks) ended February 3, 2024
  - Revenue: $623.1 million
  - Result: reported results
  source text: Total net sales were $623.1 million, a decrease of $49.2 million or 7.3%, compared to $672.3 million last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1524025/000162828024011214/0001628280-24-011214-index.htm

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