TLYS — what changed in the latest 10-Q
A section-by-section comparison of TLYS's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-06-04 vs the prior 10-Q · 2025-12-04
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +20 | −26 | ~17 | 24 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 0 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 2 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | Text added/removed | 0 | 0 | ~1 | 0 |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-06-04
We believe the combined impacts of persistent inflation related to prices of essential goods, including but not limited to fuel and grocery prices, enacted and potential tariffs, geo-political conflicts, and potential economic recession in the current economic environment could negatively impact con…
In assessing the performance of our business, we consider a variety of performance and financial measures. The key indicators of the financial condition and operating performance of our business are net sales, comparable store sales, gross profit, selling, general and administrative ("SG&A") expense…
taxes. Operating loss percentage measures operating loss as a percentage of our net sales.
Total selling, general and administrative expenses44,170 43,974
Total selling, general and administrative expenses35.4 %40.9 %
Text removed vs the prior filing · source: 10-Q · 2025-12-04
We believe the combined impacts of persistent inflation, enacted and potential tariffs, and concerns about a potential economic recession in the current economic environment could negatively impact consumer spending generally and our customer base, in particular, which has had and may in the future …
We currently expect to close a total of 21 stores during fiscal 2025, 14 stores having already closed through November 2025 and seven additional closures yet to occur in the fourth quarter. The number of store closures during fiscal 2025 may increase by the end of the fiscal year depending on the ou…
In assessing the performance of our business, we consider a variety of performance and financial measures. The key indicators of the financial condition and operating performance of our business are net sales, comparable store sales, gross profit, selling, general and administrative ("SG&A") expense…
•Net sales from e-com were $29.3 million, a decrease of 9.0%. This decrease was primarily attributable to a 51.0% decrease in the amount of clearance selling compared to last year's third quarter. E-com net sales represented 21.0% of total net sales this year compared to 22.4% of total net sales las…
39 Weeks Ended November 1, 2025 Compared to 39 Weeks Ended November 2, 2024
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice