Tailored Brands (TLRD) Tops Q3 EPS by 13c

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Go back to Tailored Brands (TLRD) Tops Q3 EPS by 13c

Tailored Brands, Inc. Reports Fiscal 2016 Third Quarter And Nine Month Results

December 7, 2016 5:30 PM EST

FREMONT, Calif., Dec. 7, 2016 /PRNewswire/ -- Tailored Brands, Inc. (NYSE: TLRD) today announced consolidated financial results for the fiscal third quarter ended October 29, 2016.

Third quarter 2016 GAAP diluted earnings per share ("EPS") were $0.58, compared to a loss of $0.56 in the same period a year ago.  Third quarter 2016 adjusted diluted EPS(1) was $0.68 excluding certain items(1), compared to adjusted diluted EPS of $0.50 in the third quarter of 2015.

"Our improved profitability this quarter reflects solid progress on our cost reduction initiatives as we continue to navigate the turnaround of Jos. A. Bank and a choppy... More