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

Tilly’s (NYSE:TLYS) updated its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share 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.

Analysts Set New Price Targets

TLYS has been the subject of a number of analyst reports. Roth Capital restated a “neutral” rating and set a $5.50 price target on shares of Tilly’s in a research note on Monday, June 8th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Tilly’s in a research note on Monday, June 15th. Finally, Zacks Research cut Tilly’s from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Tilly’s has a consensus rating of “Reduce” and a consensus target price of $5.50.

Tilly’s Stock Performance

TLYS opened at $3.81 on Thursday. The firm’s 50-day simple moving average is $3.99 and its 200-day simple moving average is $3.84. Tilly’s has a twelve month low of $1.14 and a twelve month high of $5.90. The firm has a market cap of $116.04 million, a price-to-earnings ratio of -34.61 and a beta of 0.13.

Tilly’s (NYSE:TLYS) last announced its quarterly earnings results on Wednesday, September 2nd. The specialty retailer reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.10. The firm had revenue of $163.51 million during the quarter, compared to the consensus estimate of $157.00 million. Tilly’s had a negative net margin of 0.57% and a negative return on equity of 3.98%. Tilly’s has set its Q3 2026 guidance at 0.070-0.120 EPS. As a group, sell-side analysts anticipate that Tilly’s will post -0.05 EPS for the current fiscal year.

Tilly’s News Summary

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

• Positive Sentiment: Q2 earnings and revenue beat estimates: Tilly’s reported adjusted earnings of $0.27 per share, exceeding the $0.17 analyst consensus, while revenue rose to $163.5 million versus expectations of $157.0 million. Earnings also improved from $0.10 per share in the year-earlier period. Tilly’s Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Optimistic guidance: Management forecast third-quarter EPS of $0.07-$0.12, well above the consensus estimate for a $0.07 loss. Revenue guidance of $150 million-$155 million also topped the $140.8 million analyst forecast. The company additionally guided for a full-year profit, improving investor expectations for its earnings trajectory. Tilly’s Guides for Full-year Profit after Strong Q2
• Positive Sentiment: Market reaction reflects the upside surprise: Reports characterized the quarterly performance as a strong beat, with shares rising sharply in after-hours trading. The earnings call and management commentary provide additional context on the outlook and operating performance. Tilly’s Fiscal Q2 Earnings, Sales Rise; Shares Rise After Hours
• Neutral Sentiment: Tilly’s remains financially fragile despite the improved quarter, with a negative net margin and negative return on equity. Investors will be watching whether the stronger sales and profitability can persist through the important retail season.

Institutional Investors Weigh In On Tilly’s

A number of large investors have recently bought and sold shares of TLYS. MUFG Securities EMEA plc acquired a new stake in Tilly’s during the 2nd quarter valued at $345,000. Aristides Capital LLC boosted its stake in Tilly’s by 166.4% in 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 in the last quarter. Jane Street Group LLC acquired a new position in Tilly’s in the second quarter worth $286,000. State Street Corp grew 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 last quarter. Finally, Cibc World Markets Corp bought a new stake in shares of Tilly’s during the fourth quarter worth $189,000. 76.38% of the stock is currently owned by institutional investors.

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.