Tailored Brands (TLRD) Tops Q4 EPS by 7c
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Tailored Brands, Inc. Reports Fiscal 2015 Fourth Quarter And Full Year Results
March 9, 2016 5:30 PM ESTFREMONT, Calif., March 9, 2016 /PRNewswire/ --Â Tailored Brands, Inc. (NYSE: TLRD) today announced consolidated financial results for the fiscal fourth quarter and full year ended January 30, 2016.
Fiscal fourth quarter 2015 GAAP loss per share was $21.86. GAAP operating loss includes a $1,153.3 million goodwill and intangible asset impairment charge, a $25.8 million asset impairment charge and an $11.0 million inventory write-down. These non-cash charges related to Jos. A. Bank and a store rationalization program initiated in the fourth quarter.  Fiscal fourth quarter 2015 adjusted loss per share(1) was $0.30 excluding items not indicative of the Company's core operating... More
