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Tailored Brands Inc (TLRD.N)

TLRD.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Tailored Brands Q3 Adjusted Earnings Per Share $1.01
Wednesday, 12 Dec 2018 04:15pm EST 

Dec 12 (Reuters) - Tailored Brands Inc ::TAILORED BRANDS, INC. REPORTS FISCAL 2018 THIRD QUARTER RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $1.01.Q3 GAAP EARNINGS PER SHARE $0.27.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $2.30 TO $2.35.SEES Q4 2018 ADJUSTED LOSS PER SHARE $0.24 TO $0.29.Q3 2018 RETAIL SEGMENT COMPARABLE SALES UP 2.3%.QTRLY TOTAL NET SALES INCREASED 0.2% TO $812.7 MILLION.QTRLY MEN'S WEARHOUSE COMPARABLE SALES INCREASED 1.7%.QTRLY JOS. A. BANK COMPARABLE SALES INCREASED 3.8%.QTRLY MOORES COMPARABLE SALES INCREASED 1.2%.DURING Q3 , SALES, PROFITABILITY, CASH FLOW OF CORPORATE APPAREL SEGMENT UNDERPERFORMED VERSUS FORECAST.TAILORED BRANDS - PERFORMANCE OF CORPORATE APPAREL BUSINESS WAS, CONTINUES TO BE IMPACTED BY INCREASING UNCERTAINTY SURROUNDING BREXIT.TAILORED BRANDS - IN Q3, RECEIVED NOTIFICATION FROM SIGNIFICANT U.S. CUSTOMER OF DECISION NOT TO RENEW EXISTING AGREEMENT WITH US IN 2019.LOWERED FORECAST OF SALES, PROFITABILITY, CASH FLOW FOR CORPORATE APPAREL SEGMENT FOR Q4.TAILORED BRANDS - CONCLUDED CORPORATE APPAREL SEGMENT'S GOODWILL WAS FULLY IMPAIRED, RECORDED NON-CASH GOODWILL IMPAIRMENT CHARGE OF $24.0 MILLION IN Q3.EXPECTS 2018 CAPITAL EXPENDITURES OF ABOUT $90 MILLION VERSUS PREVIOUS GUIDANCE OF ABOUT $100 MILLION.CONTINUES TO EXPECT APPROXIMATELY NET 10 STORE CLOSURES IN 2018.FY EARNINGS PER SHARE VIEW $2.50, REVENUE VIEW $3.29 BILLION -- REFINITIV IBES DATA.  Full Article

Big Lots Announces Bruce Thorn As Chief Executive Officer
Tuesday, 28 Aug 2018 05:00pm EDT 

Aug 28 (Reuters) - Big Lots Inc ::BIG LOTS ANNOUNCES BRUCE THORN AS CHIEF EXECUTIVE OFFICER.BIG LOTS INC - THORN WAS MOST RECENTLY PRESIDENT AND CHIEF OPERATING OFFICER OF TAILORED BRANDS, INC.BIG LOTS INC - FOLLOWING A TRANSITION PERIOD WITH TAILORED BRANDS, THORN IS EXPECTED TO BE FORMALLY APPOINTED AS CEO AND PRESIDENT OF BIG LOTS.BIG LOTS INC - THORN IS EXPECTED TO BE FORMALLY APPOINTED AS CEO AND PRESIDENT OF BIG LOTS AT END OF SEPTEMBER.  Full Article

Tailored Brands Sees Q2 2018 Adjusted EPS $1.05 To $1.07
Tuesday, 28 Aug 2018 04:16pm EDT 

Aug 28 (Reuters) - Tailored Brands Inc ::TAILORED BRANDS, INC. PROVIDES PRELIMINARY ESTIMATE FOR Q2 2018 EPS.SEES Q2 2018 ADJUSTED EARNINGS PER SHARE $1.05 TO $1.07.SEES Q2 2018 GAAP EARNINGS PER SHARE $0.95 TO $0.97.Q2 EARNINGS PER SHARE VIEW $1.02 -- THOMSON REUTERS I/B/E/S.  Full Article

Tailored Brands Says CEO Doug Ewert To Retire
Tuesday, 28 Aug 2018 04:15pm EDT 

Aug 28 (Reuters) - Tailored Brands Inc ::TAILORED BRANDS ANNOUNCES LEADERSHIP TRANSITION.SAYS CEO DOUG EWERT TO RETIRE.DINESH LATHI, NON-EXECUTIVE CHAIRMAN OF BOARD, HAS BEEN APPOINTED EXECUTIVE CHAIRMAN, EFFECTIVE IMMEDIATELY.BRUCE THORN RESIGNS AS PRESIDENT AND CHIEF OPERATING OFFICER.WILL INITIATE A COMPREHENSIVE SEARCH PROCESS TO IDENTIFY A SUCCESSOR CEO.  Full Article

Tailored Brands Q3 GAAP Earnings Per Share $0.75
Wednesday, 6 Dec 2017 04:15pm EST 

Dec 6 (Reuters) - Tailored Brands Inc ::TAILORED BRANDS, INC. REPORTS FISCAL 2017 THIRD QUARTER RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $0.75.Q3 GAAP EARNINGS PER SHARE $0.75.Q3 SALES $810.8 MILLION.SEES FY 2017 ADJUSTED EARNINGS PER SHARE $2.03 TO $2.08.SEES FY 2017 GAAP EARNINGS PER SHARE $1.80 TO $1.85.QTRLY COMPARABLE SALES AT MEN'S WEARHOUSE DECREASED 1.0%.TAILORED BRANDS - CONTINUES TO EXPECT COMPARABLE SALES FOR MEN'S WEARHOUSE AND MOORES TO BE DOWN LOW-SINGLE DIGITS IN FY.SEES FY COMPARABLE SALES FOR JOS. A. BANK TO INCREASE MID-SINGLE DIGITS.NOW EXPECTS FY COMPARABLE SALES FOR K&G TO BE DOWN LOW-SINGLE DIGITS.FY EARNINGS PER SHARE VIEW $1.84 -- THOMSON REUTERS I/B/E/S.  Full Article

Tailored Brands expands and extends asset-based revolving credit facility
Thursday, 26 Oct 2017 06:45am EDT 

Oct 26 (Reuters) - Tailored Brands Inc ::Tailored Brands expands and extends asset-based revolving credit facility.Tailored Brands Inc - ‍amended asset-based revolving credit facility, expanding availability to $550 million from $500 million​.Tailored Brands Inc - ‍amended facility by expanding availability to $550 million from $500 million and extending its maturity to October 2022 from June 2019​.Tailored Brands Inc - ‍ amended its asset-based revolving credit facility, extending its maturity to October 2022 from June 2019​.Tailored Brands Inc - ‍ABL includes a $100 million expansion feature and has an improved fee structure​.Tailored Brands Inc - ‍ABL matures October 2022​.  Full Article