Tilly's, Inc. $(TLYS)$ has reported its financial results for the second quarter of fiscal 2025, which ended on August 2, 2025. The company experienced a 7.1% decrease in total net sales, amounting to $151.3 million compared to the same period last year. Total comparable net sales, which include both physical stores and e-commerce, declined by 4.5%. Specifically, net sales from physical stores fell by 7.3% to $122.7 million, making up 81.1% of total net sales this year. The company reduced its store count to 232, a decrease of 15 stores from the previous year. For the second quarter, Tilly's reported net income of $3.2 million, or $0.10 per diluted share, a significant improvement from the net loss of $0.1 million, or $0.00 per share, in the same period last year. Looking ahead, Tilly's provided guidance for the third quarter of fiscal 2025, ending November 1, 2025. The company estimates net sales to range between $134 million and $140 million, with comparable net sales potentially varying from a decrease of 2% to an increase of 2% relative to the same period last year. The company also projects a net loss between $10.5 million and $7 million for the third quarter. The income tax benefit for the second quarter was $41,000, influenced by tax credit carryforwards and state tax claims. In a significant operational update, Tilly's welcomed Nate Smith as the new Chief Executive Officer, as the company continues its efforts to stabilize and improve sales results and profitability.