Home Street Fashion What drove US’ Tillys’ Q1 FY26 sales & margin gains?

What drove US’ Tillys’ Q1 FY26 sales & margin gains?

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Tillys reported a strong start to fiscal 2026, with Q1 net sales rising 15.9 per cent year on year to $124.7 million and comparable sales increasing 22.9 per cent.
Gross margin expanded 910 basis points to 28.9 per cent, while the net loss narrowed to $8 million.
The retailer expects Q2 sales growth of 6-10 per cent and remains focused on returning to full-year profitability.Tillys reported a strong start to fiscal 2026, with Q1 net sales rising 15.9 per cent year on year to $124.7 million and comparable sales increasing 22.9 per cent.
Gross margin expanded 910 basis points to 28.9 per cent, while the net loss narrowed to $8 million.
The retailer expects Q2 sales growth of 6-10 per cent and remains focused on returning to full-year profitability.