---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-039539"
form_type: "8-K"
ticker: "TLYS"
cik: "0001524025"
company_name: "TILLY'S, INC."
filed_at: "2024-09-05T23:59:59+00:00"
generated_at: "2026-05-31T06:14:21.550638+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Tilly's Q2 net loss narrows to $0.1M; comp sales -7.8%, guides Q3 loss

## Summary
- Q2 net sales $162.9M (+1.8% YoY) but total comparable sales -7.8% on calendar shift.
- Net loss $0.1M ($0.00 EPS) vs loss $1.1M ($0.04) last year; near break-even.
- Gross margin improved 270 bps to 30.7% on better product margins and lower markdowns.
- Q3 FY24 guidance: net sales $140-146M, comp sales -6% to -2%, net loss $0.39-0.29 per share.
- August comp up 1.0% (first positive monthly comp since Feb 2022), but outlook cautious.

## SEC filing metadata
- accession: 0001628280-24-039539
- form_type: 8-K
- ticker: TLYS
- cik: 0001524025
- company_name: TILLY'S, INC.
- filed_at: 2024-09-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1524025/000162828024039539/0001628280-24-039539-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1524025/000162828024039539/tlys-20240905.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-039539
- JSON: https://secwatch.observer/filing/0001628280-24-039539.json
- Plain text: https://secwatch.observer/filing/0001628280-24-039539.txt

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