Tilly’s (NYSE:TLYS) Updates Q2 2026 Earnings Guidance

Tilly’s (NYSE:TLYS) updated its second quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.130-0.200 for the period, compared to the consensus earnings per share estimate of 0.140. The company issued revenue guidance of $154.0 million-$160.0 million, compared to the consensus revenue estimate of $151.3 million.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded shares of Tilly’s to a “hold” rating in a research report on Saturday, April 25th. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Tilly’s has an average rating of “Reduce” and an average target price of $2.00.

Tilly’s Stock Performance

Shares of NYSE TLYS opened at $4.42 on Thursday. Tilly’s has a 1 year low of $1.12 and a 1 year high of $5.54. The firm’s 50 day moving average price is $4.38 and its 200 day moving average price is $2.67. The firm has a market cap of $134.75 million, a P/E ratio of -7.49 and a beta of 0.13.

Tilly’s (NYSE:TLYS) last announced its earnings results on Wednesday, June 3rd. The specialty retailer reported ($0.26) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.33) by $0.07. Tilly’s had a negative net margin of 3.15% and a negative return on equity of 21.26%. The firm had revenue of $124.72 million for the quarter, compared to analyst estimates of $121.30 million. Tilly’s has set its Q2 2026 guidance at 0.130-0.200 EPS. As a group, equities analysts predict that Tilly’s will post -0.17 EPS for the current year.

Insider Transactions at Tilly’s

In related news, major shareholder Shay Capital Llc sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $3.70, for a total transaction of $74,000.00. Following the sale, the insider owned 2,315,000 shares in the company, valued at approximately $8,565,500. This trade represents a 0.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 2.83% of the company’s stock.

Key Tilly’s News

Here are the key news stories impacting Tilly’s this week:

• Positive Sentiment: Tilly’s reported Q1 EPS of $(0.26), beating the consensus estimate of $(0.33), while revenue of $124.72 million also topped expectations. Article Title
• Positive Sentiment: The company’s fiscal Q1 sales rose 16%, and commentary around a rebound in comparable sales suggests demand is improving after a weak stretch. Article Title
• Positive Sentiment: Tilly’s raised its Q2 2026 guidance, with EPS of $0.13-$0.20 and revenue of $154 million-$160 million, both implying a healthier near-term outlook versus Wall Street expectations. Article Title
• Positive Sentiment: Several market writeups noted that TLYS exceeded first-quarter expectations, helping drive a sharp stock move as investors re-priced the name on improved operating momentum. Article Title
• Neutral Sentiment: Management’s earnings call transcript is being watched for details on inventory, margins, and whether the sales rebound can continue. Article Title
• Negative Sentiment: Despite the beat, Tilly’s remains unprofitable, and margins are still under pressure, with negative net margin and return on equity highlighting ongoing execution risk. Article Title

Institutional Trading of Tilly’s

A number of hedge funds have recently bought and sold shares of TLYS. Bank of America Corp DE boosted its position in Tilly’s by 31.4% during the fourth quarter. Bank of America Corp DE now owns 17,566 shares of the specialty retailer’s stock worth $75,000 after acquiring an additional 4,193 shares during the last quarter. Marshall Wace LLP acquired a new stake in Tilly’s during the second quarter worth approximately $70,000. Qube Research & Technologies Ltd acquired a new stake in Tilly’s during the second quarter worth approximately $27,000. Jane Street Group LLC acquired a new stake in Tilly’s during the second quarter worth approximately $286,000. Finally, Shay Capital LLC raised its stake in Tilly’s by 40.4% during the second quarter. Shay Capital LLC now owns 3,200,000 shares of the specialty retailer’s stock worth $4,416,000 after purchasing an additional 921,000 shares during the period. Institutional investors and hedge funds own 76.38% of the company’s stock.

About Tilly’s

Tilly’s, Inc is an American specialty retailer of casual apparel, footwear, accessories and hardgoods. Founded in 1982 by Hezy Shaked and Tilly Levine, the company has grown from a single denim and tops store in Garden Grove, California, to a nationwide retail chain. Headquartered in Irvine, California, Tilly’s serves a youth-oriented market with an emphasis on surf, skate and streetwear brands.

The company’s merchandise assortment includes products from leading lifestyle brands such as Vans, Nike, Billabong and Quiksilver, alongside its own private-label offerings.