$TLRD (Tailored Brands, Inc.)

$TLRD {{ '2016-09-08T14:46:01+0000' | timeago}} • Announcement

$TLRD maintained its full year adjusted EPS outlook of $1.55-1.85. The forecast reflects a cautious retail environment, assuming slightly lower comparable sales growth at Men's Wearhouse and better comparable sales performance at Jos. A. Bank, including positive comparable sales for Jos. A. Bank in 4Q.

$TLRD {{ '2017-06-16T12:30:50+0000' | timeago}} • Announcement

$TLRD BoD declared a quarterly cash dividend of $0.18 per share. The dividend is payable on Sept. 22, 2017 to shareholders of record at the close of business on Sept. 12, 2017.

$TLRD {{ '2017-06-07T22:05:36+0000' | timeago}} • Webcast

$TLRD sees an opportunity to close 10 Jos. A. Bank stores in 2017. The company evaluates each store as it comes up for lease renewal. $TLRD believes that long-term, as custom becomes a larger portion of the business, there will be an opportunity to reduce square footage footprint and inventory although this may not include store closures.

$TLRD {{ '2017-06-07T21:40:27+0000' | timeago}} • Webcast

During 1Q17, $TLRD’s total gross margin dollars were down $18MM while gross margin rate increased 20BP to 42.6%. Retail gross margin rate increased 30BP to 43.9%. Advertising expense was lower than last year by $5.7MM.

$TLRD {{ '2017-06-07T21:35:45+0000' | timeago}} • Announcement

$TLRD reaffirmed its EPS outlook for fiscal 2017 of $1.37 and $1.67, and adjusted EPS of $1.60 and $1.90. The company continues to expect comparable sales for the Men's Wearhouse segment to be down low-single digits, Jos. A. Bank to increase mid-single digits, and Moores and K&G to be down mid-single digits.

$TLRD {{ '2017-06-07T21:33:06+0000' | timeago}} • Announcement

$TLRD's retail segment registered a 5.3% annual decline in 1Q17 sales. Sales of Men’s Wearhouse dropped 4.9%, and those of Jos A Bank fell 6.3%. Sales of K&G and Moores decreased 6.4% and 5.6% respectively, while sales of MW Cleaners increased 4.4% YoY. The Corporate Apparel segment registered a 8% fall in sales.

$TLRD {{ '2017-06-07T21:29:03+0000' | timeago}} • Webcast

In 1Q17, $TLRD’s Corporate Apparel business was down 8%, primarily due to unfavourable currency fluctuations that were partially offset by slightly higher US sales. Retail segment net sales decreased by 5.3% due primarily to the impact of store closures in 2016 as well as comparable sales declines.

$TLRD {{ '2017-06-07T21:18:44+0000' | timeago}} • Announcement

Comparable store sales of $TLRD's Men's Wearhouse segment decreased 3.1% in 1Q17, while Jos. A. Bank comparable sales increased 3.5%. Comp sales of K&G dropped 7.4%, and those of Moores declined 5.3%.

$TLRD {{ '2017-06-07T20:53:28+0000' | timeago}} • Announcement

Apparel retailer $TLRD reported a net profit of $1.84MM or $0.04 per share in 1Q17, higher than $1.64MM or $0.03 per share posted last year. On adjusted basis, EPS edged down to $0.27 this year from $0.29 in 1Q16.  Net sales dropped 5.5% YoY to $782.91MM, owing mainly to lower comparable store sales and store closures.

$TLRD {{ '2017-05-04T18:31:43+0000' | timeago}} • Announcement

$TLRD said it expects to report FY17 diluted EPS in the range of $1.37-1.67, and adjusted diluted EPS of $1.60-1.90. This compares to previous guidance of diluted EPS in the range of $1.45-1.75.

$TLRD {{ '2017-05-04T18:29:51+0000' | timeago}} • Announcement

$TLRD said, excluding one-time charges of approx $17MM, it expects to report FY17 operating loss on the Macy's tuxedo rental business in the range of $7-8MM, compared with its previous outlook of an operating loss of $19-20MM.

$M {{ '2017-05-04T13:21:49+0000' | timeago}} • Announcement

$M and $TLRD announced their joint plan to wind down operations under the tuxedo rental license agreement $M had established with Men's Wearhouse on June 9, 2015. The Tuxedo Shops at $M will continue to take new reservations until June 1, 2017, with operations winding down by July 14, 2017.

$TLRD {{ '2017-03-28T23:00:18+0000' | timeago}} • Announcement

$TLRD named Dinesh Lathi as Non-Executive Chairman of the Board, effective immediately. Lathi succeeds William Sechrest, who will remain on the company's BoD and serve on his current committees.

$TLRD {{ '2017-03-23T13:25:04+0000' | timeago}} • Announcement

$TLRD named EVP and COO Bruce Thorn as the new president and COO, effective immediately.

$TLRD {{ '2017-03-17T14:41:37+0000' | timeago}} • Announcement

$TLRD's BoD declared a quarterly cash dividend of $0.18 per share. The dividend is payable on June 23, 2017 to shareholders of record at the close of business on June 13, 2017.

$TLRD {{ '2017-03-08T22:56:50+0000' | timeago}} • Announcement

For FY17, $TLRD expects diluted EPS of $1.45-1.75. The company expects comparable sales for Men's Wearhouse to be down low-single digits, Jos. A. Bank to increase mid-single digits, and Moores and K&G to be down mid-single digits. $TLRD expects approx. 10 net store closures in FY17. Capex is expected to be approx. $90MM.

$TLRD {{ '2017-03-08T22:53:40+0000' | timeago}} • Announcement

In 4Q16, net sales at $TLRD’s Men's Wearhouse brand fell 3.7%. Jos. A. Bank net sales decreased 4.7% and net sales for Moores fell 2.1%. Net sales for the Corporate Apparel segment dropped 4.8% primarily due to unfavorable currency fluctuations. Retail segment net sales fell by 3.9% due primarily to store closures and comparable sales declines.

$TLRD {{ '2017-03-08T22:47:27+0000' | timeago}} • Announcement

$TLRD reported a net loss of $30.1MM or $0.62 per share in 4Q16 compared to a net loss of $1.05Bil or $21.86 per share in 4Q15. Total net sales decreased 3.9% to $793.3MM.

$TLRD {{ '2017-01-17T14:12:54+0000' | timeago}} • Announcement

$TLRD's BoD declared a quarterly cash dividend of $0.18 per share. The dividend is payable on March 24, 2017 to shareholders of record on March 14, 2017.

$TLRD {{ '2016-12-13T23:15:45+0000' | timeago}} • Announcement

$TLRD said it appointed Jack Calandra as EVP, CFO and Treasurer, effective Jan. 3, 2017. Mr. Calandra will oversee corporate finance, accounting, treasury and investor relations, and will also serve on the company's executive committee and report to President and CEO Doug Ewert.

$TLRD {{ '2016-12-08T17:31:17+0000' | timeago}} • Webcast

$TLRD said that on Macy's partnership for tuxedo rentals, the company is in the roll out year. The company still expects to lose about $10MM in the roll out year. $TLRD also stated that it is focused on working with Macy's to develop its strategies for next year.

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