STOCK TITAN

Tilly’s (NYSE: TLYS) pushes Wells Fargo credit maturity out to 2028

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Tilly’s, Inc., through its wholly owned subsidiary World of Jeans & Tops, entered into a Second Amendment to its Credit Agreement with Wells Fargo Bank, National Association on June 10, 2026.

The amendment extends the agreement’s maturity date from June 25, 2027 to September 10, 2028, with Tilly’s remaining as guarantor under the facility.

Positive

  • None.

Negative

  • None.
Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
New maturity date September 10, 2028 Maturity date under amended Credit Agreement with Wells Fargo
Prior maturity date June 25, 2027 Original maturity date before Second Amendment to Credit Agreement
Second Amendment to Credit Agreement financial
"entered into the Second Amendment to Credit Agreement (the “Amendment”)"
maturity date financial
"extends the maturity date under the Agreement from June 25, 2027 to September 10, 2028"
The maturity date is the specific day when a loan, bond, or investment reaches its full term and the borrower must repay the borrowed amount in full. It is important for investors because it indicates when they will receive their initial money back and can plan their future financial steps accordingly. Think of it as the due date for a loan or the day a gift card or coupon expires.
guarantor financial
"World of Jeans & Tops, ... as borrower, and the Company, as guarantor, entered into the Second Amendment"
Emerging growth company regulatory
"Rule 12b-2 of the Securities Exchange Act of 1934. Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________________________________
FORM 8-K
_______________________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): June 10, 2026
_______________________________________________
TILLY’S, INC.
(Exact Name of Registrant as Specified in its Charter)  
Delaware
1-35535
45-2164791
(State of Incorporation)
(Commission File Number)
(IRS Employer
Identification Number)
10 Whatney
Irvine, California 92618
(Address of Principal Executive Offices) (Zip Code)
(949) 609-5599
(Registrant’s Telephone Number, Including Area Code)
  ______________________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Class A Common Stock, $0.001 par value per shareTLYSNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐



Item 1.01
Entry into a Material Definitive Agreement
On June 10, 2026, World of Jeans & Tops, a California corporation and a wholly owned subsidiary of Tilly’s, Inc., a Delaware corporation (the “Company”), as borrower, and the Company, as guarantor, entered into the Second Amendment to Credit Agreement (the “Amendment”), which amends the Credit Agreement (as amended, the “Agreement”), dated as of April 27, 2023, with Wells Fargo Bank, National Association. The Amendment, among other changes, extends the maturity date under the Agreement from June 25, 2027 to September 10, 2028.
The foregoing summary does not purport to be complete and is qualified in its entirety by reference to the Amendment, a copy of which is attached hereto as Exhibit 10.1 and is incorporated herein by reference
Item 9.01
Financial Statements and Exhibits.
The following exhibits are being furnished herewith.

(d)     Exhibits.
    
Exhibit No.
Exhibit Title or Description
10.1
Second Amendment to Credit Agreement, dated June 10, 2026, by and among World of Jeans & Tops, Tilly's Inc., and Wells Fargo Bank, National Association.
104Cover Page Interactive Data File (embedded within the Inline XBRL document).



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
TILLY’S, INC.
Date: June 11, 2026By: /s/ Michael L. Henry
Name:  Michael L. Henry
Title:  Executive Vice President, Chief Financial Officer


                                                    
 


FAQ

What did Tilly's (TLYS) change in its Wells Fargo credit agreement?

Tilly’s updated its Credit Agreement via a Second Amendment that extends the facility’s maturity date. The maturity moved from June 25, 2027 to September 10, 2028, with World of Jeans & Tops as borrower and Tilly’s as guarantor.

When does Tilly's amended credit facility now mature?

The amended credit facility now matures on September 10, 2028. Previously, the Credit Agreement had a maturity date of June 25, 2027, and the new amendment formally pushes that contractual end date out by more than one year.

Who are the parties to Tilly's Second Amendment to the Credit Agreement?

The Second Amendment involves World of Jeans & Tops as borrower, Tilly’s, Inc. as guarantor, and Wells Fargo Bank, National Association as lender. This structure maintains Tilly’s parent guarantee while its operating subsidiary is the direct borrower under the facility.

On what date did Tilly's enter into the Second Amendment to its Credit Agreement?

Tilly’s entered into the Second Amendment to the Credit Agreement on June 10, 2026. That document, attached as Exhibit 10.1, formally updates the existing April 27, 2023 agreement and is incorporated by reference in the current report.

Where can investors read the full terms of Tilly's amended credit agreement?

Investors can review the full terms in Exhibit 10.1, the Second Amendment to Credit Agreement. This exhibit, dated June 10, 2026, is filed with the report and incorporated by reference, providing detailed contractual language beyond the brief summary.

Filing Exhibits & Attachments

4 documents