Tillys Q2 sales rise on comparable growth, profit improves

Tillys

02/09/2026 21:16

Overview
U.S. specialty apparel retailer's fiscal Q2 net sales rose 8.1% yr/yr
Comparable net sales increased 12.1%, marking fourth straight quarter of yr/yr growth
Net income improved to $8.4 mln, with fifth consecutive quarter of profit improvement

Outlook
Tillys sees Q3 net sales of $150 mln-$155 mln and comparable sales growth of 10%-14%
Company expects Q3 net income of $2.2 mln to $3.7 mln, or $0.07 to $0.12 per share
Tillys expects Q3 SG&A expenses of $47 mln to $49 mln and product margins slightly improved

Result Drivers
COMPARABLE SALES GROWTH - Higher comparable sales across physical stores and e-commerce supported revenue growth
PRODUCT MARGIN IMPROVEMENT - Improved product margins helped lift gross profit and operating income
OCCUPANCY COST REDUCTION - Lower occupancy costs from a reduced store count supported margins, partly offset by higher e-commerce shipping expenses

Company press release: ID:nBwbzprzRa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$163.51 mln
$157 mln (1 Analyst)
Q2 EPS
 
$0.27
 
Q2 Net Income
 
$8.38 mln
 
Q2 Gross Profit
 
$58.10 mln
 
Q2 Operating Income
 
$8.17 mln
 
Q2 Pretax Profit
 
$8.47 mln
 

Analyst Coverage
The one available analyst rating on the shares is "hold"
The average consensus recommendation for the apparel & accessories retailers peer group is "buy."
Wall Street's median 12-month price target for Tillys Inc is $5.50, about 38.9% above its September 1 closing price of $3.96

Reuters Recommended Reads
Sept 2 - G-III Apparel Q2 profit beats estimates on margin expansion
Sept 2 - Ollie’s Bargain Outlet Q2 net sales miss estimates
Sept 2 - South African fashion retailer TFG to close a further 180 stores 

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)