U.S.-Iran Conflict Boosts Oil Prices, Weighs on Tech Stocks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 03 2026
0mins
A flare-up in the U.S.-Iran conflict involving retaliatory strikes by Tehran targeting U.S. bases in Kuwait and Bahrait has goosed oil prices, weighed on equities, dented the retreat in Treasury yields, and propped up the Vix fear gauge. Defensive sectors - Healthcare and Consumer Staples - were the two best performing sectors of the S&P 500 today, closely followed by Energy. Meanwhile, Basic Materials and Technology - the best areas of the market over the past week - saw some profit-taking as the two worst performers on the benchmark. Among notable individual movers, the recent high-flyers Lumentumand IBMsaw some of the biggest declines in the S&P 500, even though certain AI-buildout winners such as Western Digitaland Sandiskremained firmly bid.Cautious sentiment continues in the evening session, with U.S. equity futures seeing S&P e-minis down 0.5% and Nasdaq 100 contracts down 0.7%. Post-earnings weakness from Broadcomand Crowdstrikeis not helping the tech-heavy indices. In commodities, strong US Dollar has weighed on precious metals with Gold seeing a 1-week low of $4450 earlier and Silver sliding below $73 per ounce. The cautious sentiment has likewise permeated the crypto arena, where Bitcoin has fallen below $65K for the first time since March.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Tilly'sup 22.1%ChargePointup 2.6%C3.aiup 1.4%DOWN AFTER EARNINGS -Netskopedown 20.3%PVH Corp.down 19.5%Broadcomdown 14.9%Petco Health and Wellnessdown 11.8%Five Belowdown 11.1%CrowdStrikedown 11.1%Veeva Systemsdown 5.7%
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Analyst Views on TLYS
Wall Street analysts forecast TLYS stock price to fall
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 4.300
Low
2.25
Averages
2.25
High
2.25
Current: 4.300
Low
2.25
Averages
2.25
High
2.25
About TLYS
Tilly's, Inc. is a specialty retailer of casual apparel, footwear, accessories, and hardgoods for young men, young women, boys and girls. The Company’s stores are located in a variety of retail centers, including malls, lifestyle centers, power centers, community centers, outlet centers, and street-front locations. Customers may also shop online, where it features the same assortment of products as is carried in its stores, supplemented by additional online-only styles. The Company operates over 240 stores in 33 states. The Company's third-party brands include adidas, Affliction, Asics, BDG, Billabong, Birkenstock, Brixton, Converse, CVLA, Crocs, Dickies, Dr. Martens, Ed Hardy, edikted, Ethika, Free People, Herschel Supply Co., HHUF, Jansport, Katin, and others. It supplements its third-party merchandise assortment with its own proprietary brands across many of its product categories. It sells merchandise over the Internet through its e-commerce Website, www.tillys.com.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
New Analyst Coverage Drives Stock Gains
- Gorman-Rupp Performance: Gorman-Rupp's stock has surged 73.4% year-to-date, significantly outperforming the industry’s 6% growth, indicating strong demand in the pump and pumping systems market, with 2026 EPS estimates revised up to $2.60, reflecting the company's future profitability potential.
- Luxfer Growth Momentum: Luxfer Holdings' stock has risen 32% YTD, also surpassing the industry’s 6% growth, with 2026 EPS expectations raised to $1.20, showcasing its competitive edge in advanced materials and high-pressure gas containment products.
- Tilly's Strong Recovery: Tilly's stock has skyrocketed 166.8% YTD, significantly improving the 2026 EPS loss estimate from 17 cents to 6 cents, indicating robust performance and brand appeal in the young consumer market.
- Importance of Analyst Coverage: New analyst coverage often signals rising investor interest, as analysts' insights help investors better understand a company's financial health and industry trends, enabling more informed investment decisions in uncertain market conditions.
See More
Apparel Store Shares Surge, Led by Duluth Holdings
- Apparel Sector Performance: Apparel store shares collectively rose by approximately 4.6%, indicating strong market confidence in the sector, particularly amid economic recovery and increased consumer spending.
- Duluth Holdings Leads: Duluth Holdings saw its stock price surge by about 27.1%, becoming a market highlight, reflecting its success in product innovation and marketing, which may attract more investor interest.
- Strong Performance by Tillys: Tillys' stock increased by around 11%, showcasing its popularity among younger consumers, further solidifying its market position and potentially driving future sales growth.
- Optimistic Industry Outlook: The robust performance of the apparel retail sector may signal a sustained economic recovery, prompting investors to focus on the long-term growth potential of the industry and its impact on the market.
See More
Tilly's Q1 Results Exceed Expectations, Shares Surge 14%
- Strong Sales Growth: Tilly's reported total net sales of $124.7 million for Q1, reflecting a 15.9% year-over-year increase that surpassed analysts' expectations of $121.3 million, indicating robust market competitiveness and growth potential.
- E-commerce Performance: E-commerce sales surged by 30.9% to $28.4 million, now comprising 22.8% of total sales, up from 20.2% a year ago, showcasing significant progress in the company's digital transformation efforts.
- Improved Loss Figures: The company reported a net loss of $8.0 million, or $(0.26) per share, a substantial improvement from a loss of $22.2 million, or $(0.74) per share, the previous year, and better than the expected $(0.33) loss, reflecting an enhanced financial position.
- Optimistic Future Outlook: Tilly's forecasts Q2 net sales between $154 million and $160 million, exceeding the consensus of $151.3 million, with projected net income of $3.8 million to $6.0 million, indicating strong confidence in future performance.
See More
Tilly's Reports 22.9% Sales Growth in Q1
- Significant Sales Growth: Tilly's Inc reported a 22.9% increase in comparable net sales for Q1, with both stores and e-commerce exceeding 20% growth, indicating strong market recovery and potential for enhanced brand influence.
- Improved Financial Health: The company narrowed its net loss to $8 million from over $22 million in the previous year, marking four consecutive quarters of profit improvement, reflecting effective strategies in cost control and sales growth.
- Product Margin Enhancement: Product margins improved by 400 basis points due to better full-price selling and updated inventory, indicating ongoing progress in profit management and expected to bolster future profitability.
- Increased Customer Engagement: A 10% rise in customer loyalty program activity and a doubling of TikTok followers demonstrate success in digital marketing and customer interaction, likely driving further sales growth and brand loyalty.
See More
Tilly's (TLYS) Q1 2026 Earnings Call Transcript
See More
Tilly's Q1 Earnings Beat Expectations with Positive Outlook
- Earnings Highlights: Tilly's reported a Q1 GAAP EPS of -$0.26, beating expectations by $0.07, with revenue of $124.7 million reflecting a 15.9% year-over-year increase, indicating strong market performance.
- Sustained Growth: Comparable net sales for the period ending May 30, 2026, increased by 8.3% year-over-year, marking the company's tenth consecutive month of comparable sales growth, demonstrating the effectiveness of its sales strategies.
- Future Outlook: The company anticipates net sales for Q2 2026 to range between $154 million and $160 million, exceeding the consensus of $151.3 million, with expected comparable sales growth of 6% to 10%, highlighting ongoing growth potential.
- Profit Expectations: Projected net income is between $3.8 million and $6.0 million, with an effective tax rate near zero due to a full non-cash valuation allowance on deferred tax assets, and estimated diluted EPS is expected to be between $0.13 and $0.20, significantly up from $0.10 last year.
See More
New Analyst Coverage Drives Stock Gains
- Gorman-Rupp Performance: Gorman-Rupp's stock has surged 73.4% year-to-date, significantly outperforming the industry’s 6% growth, indicating strong demand in the pump and pumping systems market, with 2026 EPS estimates revised up to $2.60, reflecting the company's future profitability potential.
- Luxfer Growth Momentum: Luxfer Holdings' stock has risen 32% YTD, also surpassing the industry’s 6% growth, with 2026 EPS expectations raised to $1.20, showcasing its competitive edge in advanced materials and high-pressure gas containment products.
- Tilly's Strong Recovery: Tilly's stock has skyrocketed 166.8% YTD, significantly improving the 2026 EPS loss estimate from 17 cents to 6 cents, indicating robust performance and brand appeal in the young consumer market.
- Importance of Analyst Coverage: New analyst coverage often signals rising investor interest, as analysts' insights help investors better understand a company's financial health and industry trends, enabling more informed investment decisions in uncertain market conditions.
See More
Apparel Store Shares Surge, Led by Duluth Holdings
- Apparel Sector Performance: Apparel store shares collectively rose by approximately 4.6%, indicating strong market confidence in the sector, particularly amid economic recovery and increased consumer spending.
- Duluth Holdings Leads: Duluth Holdings saw its stock price surge by about 27.1%, becoming a market highlight, reflecting its success in product innovation and marketing, which may attract more investor interest.
- Strong Performance by Tillys: Tillys' stock increased by around 11%, showcasing its popularity among younger consumers, further solidifying its market position and potentially driving future sales growth.
- Optimistic Industry Outlook: The robust performance of the apparel retail sector may signal a sustained economic recovery, prompting investors to focus on the long-term growth potential of the industry and its impact on the market.
See More
Tilly's Q1 Results Exceed Expectations, Shares Surge 14%
- Strong Sales Growth: Tilly's reported total net sales of $124.7 million for Q1, reflecting a 15.9% year-over-year increase that surpassed analysts' expectations of $121.3 million, indicating robust market competitiveness and growth potential.
- E-commerce Performance: E-commerce sales surged by 30.9% to $28.4 million, now comprising 22.8% of total sales, up from 20.2% a year ago, showcasing significant progress in the company's digital transformation efforts.
- Improved Loss Figures: The company reported a net loss of $8.0 million, or $(0.26) per share, a substantial improvement from a loss of $22.2 million, or $(0.74) per share, the previous year, and better than the expected $(0.33) loss, reflecting an enhanced financial position.
- Optimistic Future Outlook: Tilly's forecasts Q2 net sales between $154 million and $160 million, exceeding the consensus of $151.3 million, with projected net income of $3.8 million to $6.0 million, indicating strong confidence in future performance.
See More
Tilly's Reports 22.9% Sales Growth in Q1
- Significant Sales Growth: Tilly's Inc reported a 22.9% increase in comparable net sales for Q1, with both stores and e-commerce exceeding 20% growth, indicating strong market recovery and potential for enhanced brand influence.
- Improved Financial Health: The company narrowed its net loss to $8 million from over $22 million in the previous year, marking four consecutive quarters of profit improvement, reflecting effective strategies in cost control and sales growth.
- Product Margin Enhancement: Product margins improved by 400 basis points due to better full-price selling and updated inventory, indicating ongoing progress in profit management and expected to bolster future profitability.
- Increased Customer Engagement: A 10% rise in customer loyalty program activity and a doubling of TikTok followers demonstrate success in digital marketing and customer interaction, likely driving further sales growth and brand loyalty.
See More
Tilly's (TLYS) Q1 2026 Earnings Call Transcript
See More
Tilly's Q1 Earnings Beat Expectations with Positive Outlook
- Earnings Highlights: Tilly's reported a Q1 GAAP EPS of -$0.26, beating expectations by $0.07, with revenue of $124.7 million reflecting a 15.9% year-over-year increase, indicating strong market performance.
- Sustained Growth: Comparable net sales for the period ending May 30, 2026, increased by 8.3% year-over-year, marking the company's tenth consecutive month of comparable sales growth, demonstrating the effectiveness of its sales strategies.
- Future Outlook: The company anticipates net sales for Q2 2026 to range between $154 million and $160 million, exceeding the consensus of $151.3 million, with expected comparable sales growth of 6% to 10%, highlighting ongoing growth potential.
- Profit Expectations: Projected net income is between $3.8 million and $6.0 million, with an effective tax rate near zero due to a full non-cash valuation allowance on deferred tax assets, and estimated diluted EPS is expected to be between $0.13 and $0.20, significantly up from $0.10 last year.
See More
