Tailored Brands (TLRD) Tops Q4 EPS by 11c, Beats on Revenues; Offers FY18 EPS Outlook Above Consensus

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Tailored Brands (TLRD) Divests MW Cleaners in $18M Deal

March 14, 2018 4:17 PM EDT

Tailored Brands, Inc. (NYSE: TLRD) today announced the company sold its MW Cleaners business on March 3, 2018, for approximately $18 million.

"MW Cleaners operated as an independent retail dry cleaning business separate from our vertically integrated dry cleaning operations that support our formalwear rental... More