Many value and deep-value investors have been scouring the retail industry for investment opportunities that fit their strategy and are undervalued. This has lead many investors to Tillys (TLYS). We believe Tillys is slightly undervalued, not significantly so, but does not provide an attractive risk-return profile at today’s prices.
Tillys is a retail clothing company that has been in operation since 1982 when it opened its first store in Southern California. As of 2019, Tillys has expanded its operations to a total of 229 stores in over 30 states.
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