Tilly’s (NYSE:TLYS) shares rose 29.9% in premarket trading after the California-based specialty retailer reported fiscal second-quarter 2026 earnings and revenue above analyst expectations.
The company reported earnings of $0.27 per diluted share, compared with the consensus estimate of $0.17.
Revenue increased 8.1% year over year to $163.5 million, exceeding analyst estimates of approximately $151 million to $157 million.
Comparable Sales Increase 12.1%
Comparable net sales increased 12.1% from the prior-year period, representing the company’s third consecutive quarter of double-digit comparable-sales growth.
Gross margin increased 300 basis points to 35.5%, while operating margin rose to 5% from 1.8% in the same quarter a year earlier.
Net income was $8.4 million, or $0.27 per diluted share, compared with $3.2 million, or $0.10 per diluted share, in the second quarter of the previous year. The quarter represented Tilly’s fifth consecutive period of year-over-year profit improvement.
CEO Nate Smith said the company had achieved “thirteen consecutive months of year-over-year comparable net sales growth.”
Tilly’s Issues Q3 Revenue Guidance
For the fiscal third quarter, Tilly’s provided revenue guidance with a midpoint of approximately $152.5 million.
According to the source material, the midpoint was around 8.7% above analysts’ previous forecasts.
Tilly’s Shares Gain in Premarket Trading
The broader US equity market showed limited movement, with the S&P 500 broadly unchanged, the Dow Jones slightly higher and the Nasdaq modestly lower.
The source material noted that sector peers Zumiez and Genesco’s Journeys banner had not released major earnings updates during the period.
Tilly’s shares gained 29.9% in premarket trading following the release of its second-quarter results and third-quarter guidance.
Tillys stock price
