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Tilly's TLYS

Tilly's is a west coast retailer selling teen apparel, footwear and accessories.

Ticker
TLYS
Headquarters
Irvine, California
CEO
Nate Smith
IPO year
2012
Sector
Teen Apparel
Website
www.tillys.com
Management
Team & leadership ↗

Notes & Takes

"Nate Smith is leading a comeback in 2026. Between a stronger TikTok marketing presence and a better product assortment, comparable sales have remained on fire after years of decline.

Sentiment had become so negative that the company’s market cap fell to roughly $20 million in 2025."

Quarterly Headlines

Full financial detail for each company lives in its Google Sheet, linked above. Best viewed on desktop.

Tilly's Q2 2026

Aug 1, 2026

  • Sales up 8.1% with comp sales of 12.1% including e-com and stores
  • Store sales up 5.1% with 220 stores vs. 223 stores same period last year
  • Comp sales from stores up 10.3%. Sales from stores made up 79% of total sales
  • Sales from e-com increased 20.9%
  • Gross profit was 35.5% up 300 basis points
  • Operating income of $8.2 mill
  • $62 mill in cash with no debt
  • Guide for Q3 includes comp sales being up 10% to 14%, product margins to be slightly improved, net income of $2.2 to $3.7 mill

Tillys's Q1 2026

May 2, 2026

  • Sales up 15.9%
  • Comp sales up 22.9% including e-com and stores
  • Comp sales from physical stores of 20.8% and e-com sales up 30.9%
  • Gross profit was 28.9% up 910 basis points
  • Operating loss of $8.1 mill vs. a loss of $22.7 mill last year
  • $41 mill of cash with no debt
  • Guide for Q2 includes comp sales up 6% to 10%, product margins up slightly to flat, and net income of $3.8 mill to $6 mill