Tailored Brands (TLRD) Tops Q2 EPS by 6c

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Tailored Brands, Inc. Reports Fiscal 2016 Second Quarter And Six Month Results

September 7, 2016 5:30 PM EDT

FREMONT, Calif., Sept. 7, 2016 /PRNewswire/ -- Tailored Brands, Inc. (NYSE: TLRD) today announced consolidated financial results for the fiscal second quarter ended July 30, 2016.

Second quarter 2016 GAAP diluted earnings per share ("EPS") were $0.51 and adjusted diluted EPS(1) was $0.99 excluding certain items(1).

"We are pleased to report a 2.9% comparable sales increase at Men's Wearhouse. In addition, Jos. A. Bank's 16.3% comparable sales decline was consistent with the trend we saw in the first quarter and in line with our expectations," said Doug Ewert, president and chief executive officer of Tailored Brands.  "Our second... More