Tailored Brands (TLRD) Tops Q4 EPS by 11c, Beats on Revenues; Offers FY18 EPS Outlook Above Consensus
Tailored Brands (NYSE: TLRD) reported Q4 EPS of $0.00, $0.11 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $859.9 million versus the consensus estimate of $810.15 million.
FISCAL 2018 FULL YEAR OUTLOOK
- Earnings per Share: The Company expects to achieve GAAP diluted EPS in the range of $2.35 to $2.50.
- Comparable Sales: The Company expects comparable sales for Men\'s Wearhouse and Jos. A. Bank to be positive low-single-digits, Moores comparable sales to be flat-to-up slightly and K&G comparable sales to be flat-to-down slightly.
- Effective Tax Rate: The Company expects the effective tax rate to be approximately 25%.
- Capital Expenditures: The Company expects capital expenditures of approximately $100 million.
- Depreciation and Amortization: The Company expects depreciation and amortization of approximately $100 million.
- Real Estate: The Company expects approximately net 10 store closures in 2018 resulting from its continuous review of its real estate portfolio for opportunities to optimize its fleet as lease terms expire.
GUIDANCE:
Tailored Brands sees FY2018 EPS of $2.35-$2.50.
For earnings history and earnings-related data on Tailored Brands (TLRD) click here.