Tailored Brands news and archive

Tailored Brands lowers Q4 earnings outlook

Tailored Brands, Inc. has announced that retail segment comparable sales for November and December (the nine-week period ended January 5, 2019) decreased 1.4 percent, which reflects a 3.6 percent decrease at Men’s Wearhouse, a 0.1 percent increase at Jos. A. Bank, a 2.1 percent increase at K&G and a 3.5 percent increase at Moores. For the fourth...

Report

Tailored Brands Q3 revenues rise marginally

American men's suits and men's formal wear Tailored Brands said on Wednesday its Q3 revenue for 2018 increased marginally by 0.2 percent. Profit dropped by 62.5 percent from the same period last year. The company’s sales in Q3 2018 were 812.7 million dollars, up from 810.8 million dollars a year earlier. Net profit fell to 13.8 million dollars....

ManagementFeatured

Carrie Ask appointed Brand President of Men's Wearhouse And Moores

Tailored Brands, Inc. has announced the appointment of Carrie Ask as Brand President, Men's Wearhouse and Moores, reporting directly to Tailored Brands' executive chairman Dinesh Lathi and will oversee the combined 2 billion dollars omni-channel business that includes nearly 900 stores across the US and Canada and sees roughly 40 million annual...

Report

Tailored Brands: Q2 net sales decline 3.2 percent

For the second quarter ended August 4, 2018, Tailored Brands reported GAAP diluted earnings per share of 0.97 dollar and adjusted diluted earnings per share of 1.07 dollars, compared to 1.19 dollars for the same period a year ago. Total net sales for the quarter decreased 3.2 percent to 823.4 million dollars. Retail net sales decreased 3.2...

Management

Tailored Brands CEO Doug Ewert to retire, Dinesh Lathi named Executive Chairman

Tailored Brands, Inc. has announced that its chief executive officer, Doug Ewert has announced his intention to retire from the position and as a member of the company's board, effective September 30, 2018. The company also appointed Dinesh Lathi, non-executive chairman of the board, as Executive Chairman, effective immediately and Theo Killion...

ManagementFeatured

Tailored Brands announces appointment of two senior executives

Tailored Brands, Inc. has announced the appointment of Richard Hansen as Senior Vice President, strategy & analytics, reporting to Doug Ewert, the company’s CEO and Samantha Lee as Senior Vice President, Chief Digital Officer, who will report to Bruce Thorn, the company’s President and Chief Operating Officer. "Richard brings us extensive...

Report

Tailored Brands declares quarterly cash dividend

Tailored Brands, Inc. has announced that its board of directors declared a quarterly cash dividend of 0.18 dollar per share payable on September 28, 2018, to shareholders of record at the close of business on September 18, 2018. For the first quarter ended May 5, 2018, Tailored Brands, Inc. reported GAAP diluted earnings per share of 0.27...

ManagementFeatured

Tailored Brands report rise in Q1 net sales and earnings

For the first quarter ended May 5, 2018, Tailored Brands, Inc. reported GAAP diluted earnings per share of 0.27 dollars and adjusted diluted earnings per share of 0.50 dollars, compared to 0.04 dollar and 0.27 dollars respectively, reported last year. Total net sales increased 4.5 percent to 818 million dollars. "Our improved first quarter...

Business

Tailored Brands, Inc. confirms refinancing 900 million dollars for term loan

Tailored Brands, Inc. has officially announced a refinancing for its existing Term Loan due June 2021. The company confirmed on April 9 that the loan's maturity would be extended until April 2025. The loan has been refinanced and its maturity extended in order to help overall enhance the company. "We are pleased to have refinanced our term loan...

ManagementFeatured

Tailored Brands: FY17 adjusted EPS rise to 2.20 dollars

For the fourth quarter ended February 3, 2018, Tailored Brands reported GAAP diluted loss per share of 0.01 dollar and adjusted diluted loss per share of 0 compared to 0.62 dollar and 0.19 dollar for the fourth quarter last year. For the fiscal year, the company reported GAAP diluted EPS of 1.95 dollars and adjusted diluted EPS of 2.20 dollars,...

ManagementFeatured

Tailored Brands reports increase in Q3 profit

Third quarter GAAP diluted EPS were 0.75 dollars at Tailored Brands, which the company said, includes 0.03 per share from a net gain on extinguishment of debt, compared to GAAP diluted EPS of 0.58 dollar, or adjusted diluted EPS of 0.71 dollar, for the third quarter last year, which included 0.03 dollar per share from a net gain on...

Report

Tailored Brands posts GAAP diluted EPS of 1.19 dollars in Q2

Tailored Brands has reported second quarter GAAP diluted EPS of 1.19 dollars, which includes 0.05 dollar per share from a net gain on extinguishment of debt, compared to 0.51 dollar or adjusted diluted EPS of 0.99 dollar, for the second quarter last year. Total net sales for the quarter decreased 6.5 percent to 850.8 million dollars. Retail net...