Tilly's Inc. - TLYS . NYSE
Company website: https://www.tillys.com/
Morningstar: Current stock price & financial data
This is what I thought in March 2020 when I first bought the stock...
Tilly's Inc. owns and operates a chain of 240 teen-focused apparel, footwear and accessory stores spread across the United States. At the average purchase price of $4.03, this company had a trailing 12 month p:e ratio of 5.3 and was trading below tangible book value. They had been consistently profitable and were expanding their store footprint gradually while also investing in the e-commerce side of their business. While the fallout from the spreading coronavirus pandemic was sure to be significant, the company had a sufficient store of cash on its balance sheet that I thought it could weather the coming storm and emerge intact on the other side. In fact, at $3.71 per share, the company's cash holdings represented almost 100% of the purchase price.
What's changed since I made my first purchase of this stock? Follow the ongoing story in the posts below...
Mentioned / Featured in the Following Blog Posts
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Portfolio Update: Bought Tilly’s Inc. March 17, 2020