Tilly’s Inc. (NASDAQ: TLYS) shares jumped 36.48% in after-hours trading Wednesday after the retailer reported second-quarter results that beat its outlook and showed continued double-digit comparable sales growth.
The stock closed Wednesday’s regular session at $3.81, down 3.79%. It then jumped 36.48% to $5.20 in after-hours trading.
Tillys is a specialty retailer of casual apparel, footwear and accessories for young men, young women, boys and girls, with stores across the U.S. and an e-commerce business.
Strong Q2 Results
Tillys reported results for the second quarter of fiscal 2026, which ended Aug. 1, 2026. Total net sales rose 8.1% year over year to $163.5 million, while comparable net sales increased 12.1%. E-commerce net sales rose 20.9%.
Net income increased to $8.4 million, or $0.27 per diluted share, from $3.2 million, or $0.10 per share, a year earlier. Operating income improved to $8.2 million from $2.7 million.
Q3 Outlook
Tillys said comparable net sales for fiscal August increased 14.6%, marking its 13th consecutive month of comparable sales growth. The company expects third-quarter net sales of approximately $150 million to $155 million and net income of approximately $2.2 million to $3.7 million.
CEO Nate Smith said Tillys is now profitable on a trailing-four-quarter and year-to-date basis and believes the company is positioned to produce its first profitable fiscal year since 2022.
Trading Metrics
Tillys has a market capitalization of $116.16 million.
The stock has a 52-week high of $5.90 and a 52-week low of $1.14.
Tillys shares are up 87.68% over the past year.
Benzinga’s Edge Stock Rankings show a positive price trend in the short and long term, while the medium-term trend remains negative.
Disclaimer: This content was produced with the help of AI tools and was reviewed and published by Benzinga editors.
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