Tilly's Q1 net sales up 15.9% to $124.7M; comps +22.9%; net loss narrows to $8.0M

TILLY'S, INC.

Comparable net sales increased 22.9% YoY; 3rd consecutive quarter of positive comps.
Net loss improved to $8.0M ($0.26 per share) from $22.2M ($0.74 loss) last year.
Gross margin expanded 910 bps to 28.9% driven by 400 bps product margin improvement.
Q2 FY2026 guidance: net sales $154M-$160M and net income $3.8M-$6.0M; EPS $0.13-$0.20.
May 2026 month-to-date comps up 8.3%; total stores at 220, down 18 from prior year.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

TILLY'S, INC. reported first quarter of fiscal 2026 ended May 2, 2026 results: revenue $124.7 million, net income $8.0 million, EPS $(0.26) per share. Guidance initiated.

Period: first quarter of fiscal 2026 ended May 2, 2026
Revenue: $124.7 million
Net income: $8.0 million
EPS: $(0.26) per share
Guidance: initiated
Result: reported results

Exact text from the filing

• Total net sales were $124.7 million, an increase of 15.9%. Total comparable net sales, including both physical stores and e-commerce ("e-com"), increased by 22.9%.

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Source: SEC EDGAR

accession 0001628280-26-040221

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