Tailored Brands (TLRD) Announces Earnings Results

Tailored Brands (NYSE:TLRD) posted its earnings results on Wednesday. The company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.21, Bloomberg Earnings reports. The firm had revenue of $810.80 million during the quarter, compared to analyst estimates of $807.51 million. Tailored Brands had a net margin of 1.79% and a negative return on equity of 108.13%. Tailored Brands’s revenue was down 4.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.68 EPS. Tailored Brands updated its FY18 guidance to $2.03-2.08 EPS.

Tailored Brands (NYSE:TLRD) traded up $2.32 during mid-day trading on Thursday, hitting $19.51. 7,362,024 shares of the company’s stock were exchanged, compared to its average volume of 1,550,970. Tailored Brands has a one year low of $9.40 and a one year high of $28.76. The company has a market cap of $845.67, a P/E ratio of 8.90, a price-to-earnings-growth ratio of 0.56 and a beta of 1.89. The company has a debt-to-equity ratio of -32.83, a current ratio of 2.74 and a quick ratio of 0.56.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 22nd. Shareholders of record on Tuesday, December 12th will be given a dividend of $0.18 per share. The ex-dividend date is Monday, December 11th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.69%. Tailored Brands’s dividend payout ratio (DPR) is 60.50%.

A number of analysts have commented on TLRD shares. FBR & Co restated a “buy” rating and set a $16.00 price target on shares of Tailored Brands in a research report on Tuesday, September 5th. ValuEngine downgraded shares of Tailored Brands from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. BidaskClub upgraded shares of Tailored Brands from a “hold” rating to a “buy” rating in a research report on Thursday, September 28th. Zacks Investment Research downgraded shares of Tailored Brands from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th. Finally, Jefferies Group restated a “hold” rating and set a $13.00 price target (up from $12.00) on shares of Tailored Brands in a research report on Friday, September 8th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $17.71.

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Tailored Brands Company Profile

Tailored Brands, Inc is a holding company of The Men’s Wearhouse, Inc The Company is a specialty apparel retailer offering suits, suit separates, sport coats, slacks, business casual, sportswear, outerwear, dress shirts, shoes and accessories for men and tuxedo and suit rental product. It operates through two segments: Retail and Corporate Apparel.

Earnings History for Tailored Brands (NYSE:TLRD)

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