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India

Tailored Brands Inc (TLRD.N)

TLRD.N on New York Stock Exchange

5.14USD
6 Dec 2019
Change (% chg)

$0.18 (+3.63%)
Prev Close
$4.96
Open
$5.04
Day's High
$5.33
Day's Low
$5.04
Volume
1,005,082
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$23.12
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$3.71

Latest Key Developments (Source: Significant Developments)

Tailored Brands Qtrly ADJ SHR $0.82; Suspends Qtrly Cash Dividend
Thursday, 12 Sep 2019 

Sept 11 (Reuters) - Tailored Brands Inc ::TAILORED BRANDS, INC. REPORTS FISCAL 2019 SECOND QUARTER RESULTS.SEES Q3 2019 ADJUSTED EARNINGS PER SHARE $0.40 TO $0.45.Q2 ADJUSTED EARNINGS PER SHARE $0.82.Q2 GAAP EARNINGS PER SHARE $0.68.Q2 SALES FELL 4.1 PERCENT TO $789.5 MILLION.COMPANY TO REDEPLOY CAPITAL TO ACCELERATED DEBT REPAYMENT AND SHARE REPURCHASES.SUSPENDS QUARTERLY CASH DIVIDEND STARTING IN Q4 2019.QTRLY RETAIL NET SALES DECREASED 4.1% PRIMARILY DUE TO A DECREASE IN RETAIL SEGMENT COMPARABLE SALES OF 3.6%.QTRLY MEN'S WEARHOUSE COMPARABLE SALES DECREASED 4.3%.EXPECTS Q3 COMPARABLE SALES FOR MEN'S WEARHOUSE TO BE DOWN 3% TO 5%.SEES Q3 COMPARABLE SALES FOR JOS. A. BANK TO BE DOWN 2% TO 4%.SEES Q3 COMPARABLE SALES K&G TO BE DOWN 2% TO 4%.SEES Q3 COMPARABLE SALES FOR MOORES TO BE DOWN 4% TO 6%.COMPANY EXPECTS NET CLOSURES OF SEVEN STORES, ACROSS MEN'S WEARHOUSE AND JOS. A. BANK IN Q3.  Full Article

Scion Asset Management Reports 5.1% Stake In Tailored Brands As Of August 26 - SEC Filing
Saturday, 31 Aug 2019 

Aug 30 (Reuters) - Scion Asset Management, Llc::SCION ASSET MANAGEMENT, LLC REPORTS 5.1% STAKE IN TAILORED BRANDS INC AS OF AUGUST 26, 2019 - SEC FILING.SCION ASSET MANAGEMENT - SENT LETTER TO TAILORED BRANDS' BOARD, SUGGESTING ANY POTENTIAL OFFER TO BUY CO AT AROUND $10/SHARE IS "UNACCEPTABLE".SCION ASSET MANAGEMENT - IN LETTER TO TAILORED BRANDS, ENCOURAGED MANAGEMENT TO EXPLORE SALE OF CANADIAN OPERATIONS, FOCUS ON U.S. STORE OPERATIONS.  Full Article

Tailored Brands Posts Sale Of Corporate Apparel Business For $62 Mln In Cash, Reports Q2 2019 Results
Monday, 19 Aug 2019 

Aug 19 (Reuters) - Tailored Brands Inc ::TAILORED BRANDS ANNOUNCES SALE OF CORPORATE APPAREL BUSINESS FOR $62 MILLION IN CASH; PROVIDES UPDATE ON FISCAL 2019 SECOND QUARTER RESULTS.SEES Q2 2019 ADJUSTED EARNINGS PER SHARE $0.78 TO $0.80.SEES Q2 2019 GAAP EARNINGS PER SHARE $0.64 TO $0.66.SEES Q2 2019 SALES $787 MILLION TO $789 MILLION.DEAL FOR TOTAL CASH CONSIDERATION OF $62 MILLION.WILL USE CASH PROCEEDS FROM TRANSACTION TO REINVEST IN ITS BUSINESS IN ACCORDANCE WITH PROVISIONS OF ITS TERM LOAN.PROCEEDS FROM TRANSACTION WILL FREE UP FUNDS PREVIOUSLY SLATED FOR CAPITAL EXPENDITURES FOR DEBT REDUCTION.FOR FY 2019 CO EXPECTS TO REPORT COMPARABLE SALES FOR RETAIL BRANDS IN LINE WITH OUTLOOK PROVIDED ON JUNE 12.  Full Article

Tailored Brands Sees Q4 Adjusted Loss Per Share $0.29 To $0.34
Monday, 14 Jan 2019 

Jan 14 (Reuters) - Tailored Brands Inc ::SEES FY 2018 ADJUSTED EARNINGS PER SHARE $2.25 TO $2.30.SEES Q4 ADJUSTED LOSS PER SHARE $0.29 TO $0.34.TAILORED BRANDS - FOR Q4, CO NOW EXPECTS COMPARABLE SALES AT JOS. A. BANK TO BE FLAT VERSUS. PREVIOUS GUIDANCE OF UP LOW-SINGLE-DIGITS.SAYS RETAIL SEGMENT COMPARABLE SALES FOR NOVEMBER AND DECEMBER ( NINE-WEEK PERIOD ENDED JANUARY 5, 2019) DECREASED 1.4%.CONTINUES TO EXPECT Q4 COMPARABLE SALES AT MEN'S WEARHOUSE TO BE DOWN LOW-SINGLE-DIGITS.TAILORED BRANDS - COMPARABLE SALES AT JOS. A. BANK WERE STRONG IN NOVEMBER AND EARLY DECEMBER BUT WEAKENED DURING THIRD AND FOURTH WEEKS OF DECEMBER.EXPECT Q4 COMPARABLE SALES AT JOS. A. BANK TO BE FLAT INSTEAD OF UP LOW-SINGLE-DIGITS.Q4 EARNINGS PER SHARE VIEW $-0.26 -- REFINITIV IBES DATA.FY EARNINGS PER SHARE VIEW $2.33 -- REFINITIV IBES DATA.  Full Article

Tailored Brands Reports Q2 Sales Fell 3.2 Pct To $823.4 Mln; Adj EPS Of $1.07
Thursday, 13 Sep 2018 

Sept 12 (Reuters) - Tailored Brands Inc ::TAILORED BRANDS, INC. REPORTS FISCAL 2018 SECOND QUARTER RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $1.07.Q2 GAAP EARNINGS PER SHARE $0.97.REAFFIRMS FY 2018 ADJUSTED EARNINGS PER SHARE VIEW $2.35 TO $2.50.Q2 SALES FELL 3.2 PERCENT TO $823.4 MILLION.INVENTORIES DECREASED $158.3 MILLION TO $786.5 MILLION AT END OF Q2 OF 2018, COMPARED TO END OF Q2 OF 2017.COMPANY CONTINUES TO EXPECT COMPARABLE SALES FOR MEN'S WEARHOUSE AND JOS. A. BANK TO BE POSITIVE LOW-SINGLE-DIGITS FOR FY 2018.FOR FY 2018 INCREASING ITS OUTLOOK FOR COMPARABLE SALES.INCREASING FY 2018 OUTLOOK FOR MOORES COMPARABLE SALES TO BE POSITIVE LOW-SINGLE-DIGITS, UP FROM FLAT-TO-UP SLIGHTLY.RAISING FY 2018 OUTLOOK FOR K&G COMPARABLE SALES TO BE FLAT-TO-UP SLIGHTLY, UP FROM FLAT-TO-DOWN SLIGHTLY.QTRLY MEN'S WEARHOUSE COMPARABLE SALES INCREASED 1.0% AND QTRLY JOS. A. BANK COMPARABLE SALES INCREASED 2.0%.QTRLY K&G COMPARABLE SALES INCREASED 3.5% AND QTRLY MOORES COMPARABLE SALES INCREASED 3.7%.  Full Article

Tailored Brands Refinances $900 Million Senior Secured Term Loan
Tuesday, 10 Apr 2018 

April 9 (Reuters) - Tailored Brands Inc ::TAILORED BRANDS REFINANCES $900 MILLION SENIOR SECURED TERM LOAN.REFINANCED ITS EXISTING TERM LOAN DUE JUNE 2021, EXTENDING ITS MATURITY TO APRIL 2025.NEW TERM LOAN WAS ISSUED AT A PRICE EQUAL TO 99.5% OF ITS FACE VALUE, WITH AN INTEREST RATE OF LIBOR PLUS 3.50%.UPON ENTERING INTO REFINANCING, COMPANY MADE A PREPAYMENT OF $93.4 MILLION ON ITS EXISTING TERM LOAN USING CASH ON HAND.  Full Article

Tailored Brands, Inc. Reports Q4 Adjusted Earnings Per Share $0.00
Thursday, 15 Mar 2018 

March 14 (Reuters) - Tailored Brands Inc ::TAILORED BRANDS, INC. REPORTS FISCAL 2017 FOURTH QUARTER AND YEAR END RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.00.Q4 GAAP LOSS PER SHARE $0.01.SEES FY 2018 GAAP EARNINGS PER SHARE $2.35 TO $2.50.Q4 SALES ROSE 8.4 PERCENT TO $859.9 MILLION.Q4 RETAIL SEGMENT COMPARABLE SALES INCREASE 2.5%.TAILORED BRANDS - ANNOUNCED SALE OF MW CLEANERS BUSINESS FOR ABOUT $18 MILLION.QTRLY MEN'S WEARHOUSE COMPARABLE SALES INCREASED 2.3%.SEES 2018 COMPARABLE SALES FOR MEN'S WEARHOUSE AND JOS. A. BANK TO BE POSITIVE LOW-SINGLE-DIGITS.SEES 2018 MOORES COMPARABLE SALES TO BE FLAT-TO-UP SLIGHTLY.SEES 2018 K&G COMPARABLE SALES TO BE FLAT-TO-DOWN SLIGHTLY.SEES 2018 CAPITAL EXPENDITURES OF APPROXIMATELY $100 MILLION.  Full Article