Filing Flows › Tilly's (TLYS) › Q2 FY27 › vs Q1 FY27
Tilly's (TLYS) Q2 FY27 vs Q1 FY27 (quarter over quarter)
Tilly's's revenue rose $38.8M (+31%) from $125M in Q1 FY27 to $164M in Q2 FY27. The biggest changes: Retail stores +$32.7M (+34%); E-com +$6.1M (+21%). Gross margin 35.5% against 28.9% (+6.6 pts).
Tilly's, Q2 FY27: revenue $164M (+8% year over year), operating margin 5.0%, net earnings $8.4M, operating cash flow $22.4M. The chart draws each line against Q1 FY27, the increases inside each band.
Margins
| Q2 FY27 | Q1 FY27 | Change | |
|---|---|---|---|
| Gross margin | 35.5% | 28.9% | +6.6 pts |
| Operating margin | 5.0% | -6.5% | +11.5 pts |
| Net margin | 5.1% | -6.4% | +11.5 pts |
| Free cash flow margin | 12.8% | -4.2% | +17.0 pts |
Every line
| Line | Q2 FY27 | Q1 FY27 | Change | % |
|---|---|---|---|---|
| Retail stores | $129M | $96.3M | $32.7M | +34% |
| E-com | $34.5M | $28.4M | $6.1M | +21% |
| Revenue | $164M | $125M | $38.8M | +31% |
| Gross profit | $58.1M | $36.1M | $22.0M | +61% |
| Cost of revenue | $105M | $88.6M | $16.8M | +19% |
| Operating profit | $8.2M | −$8.1M | $16.3M | — |
| Operating expenses | $49.9M | $44.2M | $5.8M | +13% |
| Pre-tax earnings | $8.5M | −$7.8M | $16.3M | — |
| Net earnings | $8.4M | −$8.0M | $16.3M | — |
| Income tax | $86K | $137K | −$51K | -37% |
| Depreciation & amortization | $2.2M | $2.3M | −$89K | -4% |
| Share-based compensation | $675K | $503K | $172K | +34% |
| Working capital & other | $11.1M | $1.3M | $9.8M | +749% |
| Operating cash flow | $22.4M | −$3.9M | $26.2M | — |
| Free cash flow (OCF − capex) | $20.9M | −$5.3M | $26.2M | — |
| Capital expenditures | $1.4M | $1.4M | $55K | +4% |
Questions
How much did Tilly's's revenue grow quarter over quarter in Q2 FY27?
Tilly's's revenue rose $38.8M (+31%) from $125M in Q1 FY27 to $164M in Q2 FY27.
What drove Tilly's's revenue change in Q2 FY27?
Retail stores +$32.7M (+34%); E-com +$6.1M (+21%).