---
title: "Tilly's 10-K: $553.6M Revenue, $(0.58) EPS"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282244700.md"
description: "Tilly's reported $553.6 million in net sales for the year, a 2.8% decrease from the previous year, with comparable net sales up 0.3%. The company experienced a net loss of $17.5 million, or $(0.58) per share, although this reflects an improvement from the prior year. Gross profit was $164.5 million, representing 29.7% of net sales. E-commerce accounted for 22% of sales, while physical store sales declined due to 17 store closures. Overall, the company improved its gross margin and reduced operating costs."
datetime: "2026-04-09T20:15:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282244700.md)
  - [en](https://longbridge.com/en/news/282244700.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282244700.md)
---

# Tilly's 10-K: $553.6M Revenue, $(0.58) EPS

Tilly's reported net sales of $553.6 million for the year, a 2.8% decrease from the prior year, while comparable net sales were modestly up 0.3%. The company posted a gross profit of $164.5 million (29.7% of net sales) and a net loss of $17.5 million, with basic and diluted loss per share of $(0.58), reflecting an improvement versus the prior year driven by higher initial markups, lower markdowns and reduced operating costs.

**Financial Highlights**

-   **Net sales:** $553.6 million, decreased 2.8% vs prior year; comparable net sales up 0.3%.
-   **Gross profit:** $164.5 million, representing 29.7% of net sales, improved by 340 basis points year-over-year.
-   **Operating loss:** $(19.3) million, or (3.5)% of net sales; improved by $30.5 million versus prior year.
-   **Net loss:** $(17.5) million, improved $28.8 million year-over-year.
-   **Net loss per share (basic and diluted):** $(0.58), improved $0.96 versus prior year.

**Business Highlights**

-   **Channel mix:** E-commerce remained approximately 22% of sales, totaling $122.5 million; physical store sales declined amid 17 net store closures.
-   **Operational footprint:** Ended the year with 223 stores across 33 states and reduced overall retail square footage.
-   **Margin and inventory management:** Improvement in gross margin driven by higher initial markups, lower markdowns and leaner inventory levels.
-   **Cost and operating efficiency:** SG&A decreased to 33.2% of sales due to lower store payroll, fewer impairment charges and reduced fulfillment temporary labor.
-   **Sales trend:** Sequential quarterly improvement in comparable store sales noted during the year.

Original SEC Filing: TILLY'S, INC. \[ TLYS \] - 10-K - Apr. 09, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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