September 7, 2017 / 8:30 PM / 3 months ago

BRIEF-Tailored Brands Q2 GAAP earnings per share $1.19

Sept 7 (Reuters) - Tailored Brands Inc

* Tailored Brands Inc Reports fiscal 2017 second quarter results

* Q2 GAAP earnings per share $1.19

* Q2 sales $850.8 million versus I/B/E/S view $868.2 million

* Q2 earnings per share view $0.88 -- Thomson Reuters I/B/E/S

* Sees FY 2017 adjusted earnings per share $1.65 to $1.85

* Sees FY 2017 gaap earnings per share $1.42 to $1.62

* FY earnings per share view $1.79 -- Thomson Reuters I/B/E/S

* Tailored Brands Inc - ‍company continues to expect comparable sales for men’s wearhouse to be down low-single digits for FY​

* Tailored Brands Inc - ‍continues to expect comparable sales for Jos. A. Bank to increase mid-single digits, and K&G to be down mid-single digits for fy​

* Tailored Brands Inc - ‍company continues to expect capital expenditures of approximately $90 million for FY​

* Tailored Brands Inc - ‍company continues to expect approximately net 20 store closures in 2017​

* Tailored Brands Inc - ‍has updated its outlook for moores and now expects comparable sales to be down low-single digits in FY​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below