---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-040221"
form_type: "8-K"
ticker: "TLYS"
cik: "0001524025"
company_name: "TILLY'S, INC."
filed_at: "2026-06-03T20:06:37+00:00"
generated_at: "2026-06-03T20:34:51.561955+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-26-040221
- form_type: 8-K
- ticker: TLYS
- cik: 0001524025
- company_name: TILLY'S, INC.
- filed_at: 2026-06-03T20:06:37+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1524025/000162828026040221/0001628280-26-040221-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1524025/000162828026040221/tlys-20260603.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-040221
- JSON: https://secwatch.observer/filing/0001628280-26-040221.json
- Plain text: https://secwatch.observer/filing/0001628280-26-040221.txt

## Key facts
- Earnings Releases
  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
  source text: • 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%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1524025/000162828026040221/0001628280-26-040221-index.htm

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