Tailored Brands to redeploy capital [Seeking Alpha]
TAILORED BRANDS INC (TLRD)
Last tailored brands inc earnings: 3/18 04:15 pm
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US:NYSE Investor Relations:
ir.tailoredbrands.com
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Source: Seeking Alpha
Tailored Brands to redeploy capital Tailored Brands (NYSE: TLRD Q2 Q2 comparable sales by brand: Men's Wearhouse -4.3%, Jos A. Bank -3.3%, K&G -1.3%, Moore's Canada -2.5%. Looking ahead, Q3 EPS of $0.40 to $0.45 is anticipated vs. $0.88 consensus. The company says it plans to redeploy capital to accelerated debt repayment and share repurchases. The quarterly cash dividend will be suspended starting in Q4. Shares of TLRD are still under a trading halt.
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