Tilly's shares surge 11.11% premarket after Q3 sales beat estimates and improved guidance exceed expectations.

Tilly's (NYSE:TLYS) surged 11.11% in premarket trading following the release of its Q3 CY2025 earnings, which showed improved financial performance and optimistic guidance. The company reported revenue of $139.6 million, exceeding estimates by 2%, and a GAAP loss of $0.05 per share, 83.3% better than the $-0.30 consensus. Adjusted EBITDA rose 111% year-on-year, and Q4 revenue guidance of $148.5 million (midpoint) beat analyst expectations. Management highlighted the first positive comparable sales growth since late 2021, with 2% year-on-year same-store sales growth, and projected continued momentum into fiscal 2026. The stock’s premarket jump reflects investor optimism over the company’s narrowing losses, improved gross margins, and strategic store closures to enhance profitability.