TLYS
Tilly's, Inc.
TLYS's fundamentals are strong, but it looks expensive: trading at 75x earnings, about seven times its usual 11x. Analysts expect earnings to recover and profitability to improve, though they disagree widely on how much.
TLYS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Stable | |
| Strong |
TLYS's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
TLYS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 5.2x | $0.31 | -93% |
| Fair | 11x | $0.64 | -85% |
| Forward | 23x | $4.29 | — |
| Expensive | 40x | $2.38 | -45% |
| Current | 75x | $4.29 | — |
Historical ranges are pointers, not guarantees.
TLYS's PE is in its expensive range at 75x. If earnings grow as analysts expect, today's price would be 23x next year's earnings.
TLYS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Returning to profit | |
| Stable | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect TLYS to return to profit, with revenue holding steady. However, they disagree widely on these estimates.
TLYS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.18 | +208% |
| Q3 2026 | $0.06 | +$1.57 |
| Q2 2026 | -$0.11 | +$1.51 |
| Q1 2026 | -$0.58 | +$0.96 |
| Q4 2025 | -$1.13 | +$0.64 |
| Q3 2025 | -$1.51 | -$0.14 |
| Q2 2025 | -$1.62 | -$0.21 |
| Q1 2025 | -$1.54 | -$0.38 |
| Q4 2024 | -$1.77 | -$1.30 |
TLYS has returned to profit: it earned $0.06 per share over the past year, after losing money the year before.
TLYS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $163.5M | +8.1% |
| Q2 2026 | $124.7M | +16% |
| Q1 2026 | $155.1M | +5.3% |
| Q4 2025 | $139.6M | -2.7% |
| Q3 2025 | $151.3M | -7.1% |
| Q2 2025 | $107.6M | -7.1% |
| Q1 2025 | $147.3M | -15% |
| Q4 2024 | $143.4M | -14% |
TLYS's revenue is recovering but still below its 2021 peak: $164M last quarter, up 8.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5% | +3.2 points |
| Q2 2026 | -6.5% | +15 points |
| Q1 2026 | 1.7% | +11 points |
| Q4 2025 | -1.4% | +8.4 points |
| Q3 2025 | 1.8% | +2.3 points |
| Q2 2025 | -21% | -3.1 points |
| Q1 2025 | -9.6% | -4.7 points |
| Q4 2024 | -9.8% | -8.3 points |
TLYS's operating margin was 5% last quarter, up 3.2 points from the same quarter a year ago.
TLYS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $20.9M | +56% |
| Q2 2026 | -$5.3M | +$4.4M |
| Q1 2026 | $7.3M | +$12.6M |
| Q4 2025 | -$11.7M | +$13.4M |
| Q3 2025 | $13.4M | +68% |
| Q2 2025 | -$9.6M | +$18.2M |
| Q1 2025 | -$5.4M | -1829% |
| Q4 2024 | -$25.1M | -$14.3M |
TLYS's free cash flow has turned positive after three years mostly in the red: $11M over the past year.
TLYS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3.5% | +1M shares |
| 1 year | +3% | +893K shares |
| 3 years | +4.5% | +1.3M shares |
| 5 years | +0.1% | +46K shares |
| Available history | +4.7% | +1.4M shares |
TLYS has 31M diluted shares, up 3% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | $1.9M |
| Q3 2022 | $838,000 |
| Q2 2022 | $8.2M |
TLYS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -5.2x | Net Cash |
| Q2 2026 | -5.9x | Net Cash |
| Q2 2023 | -6.6x | Net Cash |
| Q1 2023 | -2.9x | Net Cash |
| Q3 2021 | -1.1x | Net Cash |
| Q2 2021 | -1.4x | Net Cash |
| Q1 2021 | -4.8x | Net Cash |
| Q3 2020 | -6.8x | Net Cash |
TLYS has more cash than debt.
TLYS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 53.4 | Neutral |
| Stochastic | 24.4 | Neutral |
TLYS's weekly RSI is 53 (neutral) and its Stochastic is 24 (neutral).
TLYS PE vs Consumer Cyclical Sector
| Metric | TLYS | Sector median | Relative |
|---|---|---|---|
| PE | 75x | 18x | 316% above |
| PE % | 89 | 47 | 42 pts above |
TLYS is trading at 75x earnings, a 316% premium to the Consumer Cyclical sector's median of 18x.
TLYS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.34 | 1.2% below |
| 20 week MA | $4.18 | 2.6% above |
| 50 week MA | $3.52 | 22% above |
| 100 week MA | $2.86 | 50% above |
| 200 week MA | $4.83 | 11% below |
TLYS's trend is mixed: it's above three of its five weekly moving averages, and 11% below its 200-week average.
TLYS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $12.1 | $8.14 | -33% |
| 2021 | $8.14 | $15.3 | +88% |
| 2022 | $15.3 | $8.86 | -42% |
| 2023 | $8.86 | $7.54 | -15% |
| 2024 | $7.54 | $3.90 | -48% |
| 2025 | $3.90 | $1.83 | -53% |
| 2026 YTD | $1.83 | $4.29 | +134% |
TLYS has finished four years in a row lower, and it's up 134% so far in 2026.