Tilly’s (NYSE:TLYS) Issues Q3 2026 Earnings Guidance

Tilly’s (NYSE:TLYS) issued an update on its third quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.070-0.120 for the period, compared to the consensus estimate of -0.070. The company issued revenue guidance of $150.0 million-$155.0 million, compared to the consensus revenue estimate of $140.8 million.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on TLYS shares. Zacks Research lowered Tilly’s from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. Roth Capital reiterated a “neutral” rating and set a $5.50 price objective on shares of Tilly’s in a research report on Monday, June 8th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Tilly’s in a report on Monday, June 15th. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Reduce” and an average price target of $5.50.

Tilly’s Stock Performance

Shares of TLYS opened at $4.13 on Friday. Tilly’s has a fifty-two week low of $1.14 and a fifty-two week high of $6.25. The firm has a market cap of $125.86 million, a price-to-earnings ratio of 68.83 and a beta of 0.13. The firm has a 50 day moving average price of $3.99 and a 200-day moving average price of $3.85.

Tilly’s (NYSE:TLYS) last released its earnings results on Wednesday, September 2nd. The specialty retailer reported $0.27 EPS for the quarter, beating the consensus estimate of $0.17 by $0.10. The company had revenue of $163.51 million for the quarter, compared to analyst estimates of $157.00 million. Tilly’s had a net margin of 0.34% and a return on equity of 2.41%. Tilly’s has set its Q3 2026 guidance at 0.070-0.120 EPS. As a group, equities research analysts predict that Tilly’s will post -0.05 earnings per share for the current year.

Key Tilly’s News

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

• Positive Sentiment: Quarterly earnings beat expectations: Tilly’s reported earnings of $0.27 per share, versus the analyst consensus of $0.17 and $0.10 in the year-ago period. Revenue increased to $163.51 million, exceeding estimates of $157.0 million. Tilly’s Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Upbeat third-quarter outlook: Management forecast EPS of $0.07 to $0.12 and revenue of $150 million to $155 million, both above consensus expectations of a $0.07 per-share loss and $140.8 million in revenue. Tilly’s Fiscal Q2 Earnings, Sales Rise; Shares Rise After Hours
• Positive Sentiment: Profitability expected to improve: Reports indicate Tilly’s is projecting its first profitable full year since 2022, suggesting that improved sales trends and operating performance may be gaining traction. Tilly’s Projects First Profitable Year Since 2022
• Neutral Sentiment: Trading volatility remains high: TLYS shares surged in after-hours trading following the results, and trading was later paused under the LULD mechanism. The halt does not change the underlying fundamentals but highlights the risk of sharp price swings as investors reassess the company’s outlook.

Institutional Investors Weigh In On Tilly’s

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bridgeway Capital Management LLC increased its position in shares of Tilly’s by 27.9% in the fourth quarter. Bridgeway Capital Management LLC now owns 65,931 shares of the specialty retailer’s stock valued at $131,000 after acquiring an additional 14,400 shares during the period. State Street Corp boosted its holdings in shares of Tilly’s by 10.5% during the fourth quarter. State Street Corp now owns 107,108 shares of the specialty retailer’s stock worth $213,000 after purchasing an additional 10,200 shares during the period. Cibc World Markets Corp purchased a new stake in shares of Tilly’s during the fourth quarter worth about $189,000. Aristides Capital LLC boosted its holdings in shares of Tilly’s by 166.4% during the fourth quarter. Aristides Capital LLC now owns 160,373 shares of the specialty retailer’s stock worth $319,000 after purchasing an additional 100,170 shares during the period. Finally, CIBC Bancorp USA Inc. bought a new stake in shares of Tilly’s in the third quarter worth about $82,000. 76.38% of the stock is currently owned by institutional investors.

Tilly’s Company Profile

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.