Michael Burry takes activist position in $TLRD

by invest2018

secfilings.nasdaq.com/filingFrameset.asp?FilingID=13622252&RcvdDate=8/30/2019&CoName=TAILORED%20BRANDS%20INC&FormType=SC%2013D&View=html

Stock is down over 60% YTD for no good reason. People claim that workplace casual is killing $TLRD, but workplace casual has been trending for the past decade and the company has still posted growth numerous times throughout the decade.

Demand for suits will always be there because of weddings, funerals, bar mitzvahs, black tie events — the list goes on.

EDIT: And TLRD just announced a partnership with the NFL: www.businesswire.com/news/home/20190903005193/en/Tailored-Brands-Enters-Licensed-Collaboration-NFL/

 

Disclaimer: Consult your financial professional before making any investment decision.

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