---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-027030"
form_type: "8-K"
ticker: "TLYS"
cik: "0001524025"
company_name: "TILLY'S, INC."
filed_at: "2024-06-06T23:59:59+00:00"
generated_at: "2026-06-01T05:53:41.655350+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Tilly's Q1 net sales $115.9M (-6.3% YoY); comparable sales down 9.4%; GAAP loss $0.65/sh

## Summary
- Total net sales $115.9M, down 6.3% from $123.6M; comparable net sales decreased 9.4%.
- GAAP net loss per share $(0.65) vs $(0.40) last year; non-GAAP net loss per share $(0.48).
- Operating loss widened to $20.8M (17.9% of sales) from $17.3M (14.0%) last year.
- Gross margin flat at 21.0%; product margins improved 130 bps offset by occupancy deleverage.
- Store count 246 vs 248; e-com sales fell 10.8% to $23.0M; non-GAAP EPS in middle of outlook.

## SEC filing metadata
- accession: 0001628280-24-027030
- form_type: 8-K
- ticker: TLYS
- cik: 0001524025
- company_name: TILLY'S, INC.
- filed_at: 2024-06-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1524025/000162828024027030/0001628280-24-027030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1524025/000162828024027030/tlys-20240606.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-027030
- JSON: https://secwatch.observer/filing/0001628280-24-027030.json
- Plain text: https://secwatch.observer/filing/0001628280-24-027030.txt

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