Tailored Brands (TLRD) reported earnings on Wed 11 Sept 19 (a/h)

• Tailored Brands filed for bankruptcy due to the coronavirus pandemic and its 1.4 billion dollar long term debt load on August 2, 2020, after announcing a few weeks earlier that they would close around 500 locations.

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Tailored Brands, the owner of Men's Wearhouse and other apparel brands, reported mixed second-quarter earnings, halted its dividend, and called for lower profits in the third quarter. For the third quarter, the company said it expects adjusted EPS between 40 cents and 45 cents, compared with an analyst expectation of 88 cents a share, according to FactSet. Tailored also called for sales declines across the board in the quarter, including a fall between 3% and 5% in same-store sales at Men's Wearhouse. Tailored Brands said it expects a net closure of seven stores across Men's Wearhouse and Jos. A. Bank for the quarter. The company halted its dividend to pay down debt, it said. The stock has lost 47% this year, versus gains of 20% for the S&P 500 index.

Earnings this week : Sept 9 - 15, 19 (wk 37)

Monday (Sept 9)

• Afternoon: AGX CASY CTRP PHR

Tuesday (Sept 10)

• Morning: HDS
• Afternoon: PLAY FARM GME RH  ZS

Wednesday (Sept 11)

• Morning: LOVE
• Afternoon: ACB OXM  ORCL  TLRD

Thursday (Sept 12)

• Morning: DLTH KR MCFT
• Afternoon: AVGO UEPS  VNCE

Friday (Sept 13) 

• none

TLRD — is it a buy?

• July 8: Is TLRD a buy?

• Next day:

• 2 months later
  

This week's biggest % winners & losers : March 11 - 15, 19 (wk 11)

The following are this week's top percentage gainers and losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top 20 % gainers

• Healthcare: GH (97.98 +55.72%), CYTK (7.79 +24.64%), NTRA (19.4 +24.6%), ACB (9.61 +24%), DNLI (24.42 +18.49%), SGRY (13.42 +18.45%), DRNA (12.91 +18.12%)
• Industrials: LXFR (23.31 +29.72%)
• Consumer Discretionary: SFIX (32 +24.51%), HTHT (39.04 +19.61%)
• Information Technology: MDB (134.23 +34.5%), DOMO (41.71 +34.33%), SWCH (10.64 +31.85%), EVRI (9.53 +24.41%), SMAR (44.95 +18.51%)
• Energy: CVIA (6.41 +49.07%), CLNE (2.71 +31.55%), CRC (23.96 +22.75%), FET (5.98 +18.89%)

This week's top 20 % losers

• Healthcare: SIEN (8.84 -18.3%), AMPH (20.23 -15.04%), BIOS (2.78 -14.72%), DERM (6.84 -14.29%)
• Materials: VHI (2.37 -41.34%)
• Consumer Discretionary: ASNA (1.36 -25.27%), TLRD (8.81 -25.09%), GDEN (13 -25.07%), UXIN (3.7 -22.76%), NIO (5.71 -19.12%), TEN (27.11 -16.43%), PDD (24.52 -13.84%)
• Information Technology: CLDR (11.67 -15.62%), SSTI (38.98 -12.97%)
• Financials: JT (5.49 -15.28%), NOAH (46.39 -13.56%), HIIQ (34.17 -12.43%)
• Energy: TUSK (17.94 -13.54%)
• Consumer Staples: SFS (5.03 -15.89%)

Tailored Brands (TLRD) reported earnings on Wed 13 March 19 (a/h)

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HOUSTON (AP) _ Tailored Brands Inc. (TLRD) on Wednesday reported fiscal fourth-quarter net income of $6.2 million, after reporting a loss in the same period a year earlier.

The Houston-based company said it had net income of 12 cents per share. Losses, adjusted for non-recurring gains, came to 28 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 30 cents per share.

The specialty apparel retailer posted revenue of $785.8 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $786.4 million.

For the year, the company reported profit of $83.2 million, or $1.64 per share. Revenue was reported as $3.24 billion.

For the current quarter ending in May, Tailored Brands expects its per-share earnings to range from 10 cents to 15 cents.

Tailored Brands shares have fallen 14 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $11.69, a fall of 50 percent in the last 12 months.

Earnings this week : March 11 - 15, 2019 (wk 11)

Earnings confirmed for this week

Monday (March 11)

• Morning: None
• Afternoon: ADT COUP KRO OXFD  PETQ SFIX

Tuesday (March 12)

• Morning: DKS IPI KEYW MOMO NOG 
• Afternoon: APEI CLNE COHU EVRI GH QHC NTRA  SENS SNCR SWCH  TEUM ZAGG ZTO  

Wednesday (March 13)

• Morning: DQ EXPR  LXRX  SGRY VRA
• Afternoon: APYX CLDR DOMO FSM GDS KINS MDB NNBR SFS SMTC TLRD

Thursday (March 14)

• Morning: BIOS CNNE DG ERJ GCO HUD INAP LX PPDF RDNT SND TEN UXIN
• Afternoon:  ADBE ASNA AVGO AVID DOCU HEAR HTHT JBL MRAM NDLS ORCL PVTL TERP TLYS TRQ TUSK ULTA VRAY WSC ZUMZ

Friday (March 15)

• Morning: BIOS BKE CTRN DPLO KIRK MDCA

=Tailored Brands (TLRD) reported earnings on Wed 12 Dec 2018 (a/h)

Tailored Brands beats by $0.07, reports revs in-line; guides Q4 EPS below consensus

• Reports Q3 (Oct) earnings of $1.01 per share, excluding non-recurring items, $0.07 better than the two analyst estimate of $0.94; revenues rose 0.2% year/year to $812.7 mln vs the $819.5 mln two analyst estimate. Retail comps +2.3%, Men's Wearhouse +1.7%, JAB +3.8%, K&G +4%, Moores +1.2%
• Co issues downside guidance for Q4, sees EPS of ($0.29-0.24) vs. ($0.01) two analyst estimate. The Company expects comparable sales for: Men's Wearhouse to be down low-single-digits Jos. A. Bank to be up low-single-digits Moores to be up low-single-digits K&G to be flat-to-up slightly.
• Lowers FY18 EPS to $2.30-2.35 from $2.30-2.50; lowers Men's Wearhouse to be flat-to-up slightly versus previous guidance of up low-single-digits; reaffirms Jos. A. Bank to be up low-single-digits

Earnings this week : Dec 10 - 14, 18 (wk 50)

Earnings confirmed to report this  week

Monday (Dec 10)    

• Morning: None
• Afternoon: ASNA CASY NX ROAD SFIX

Tuesday (Dec 11)

• Morning: DSW FRAN
• Afternoon: AEO PLAY POWL PVTL 

Wednesday (Dec 12)

• Morning: PLAB VRA
• Afternoon: NCS NDSN OXM TLRD

Thursday (Dec 13)

• Morning: CIEN
• Afternoon: ADBE CIVI COST

Friday (Dec 14)
None

=Tailored Brands (TLRD) reported earnings on Wed 12 Sept 18 (a/h)

Tailored Brands reports EPS in-line, revs a little light; reaffirms FY19 EPS guidance and MW, JAB comp guidance 

• Reports Q2 (Jul) earnings of $1.07 per share, excluding non-recurring items, in-line with the two analyst estimate of $1.07; revenues fell 3.3% year/year to $823 mln vs the $828.36 mln two analyst estimate.
• Men's Wearhouse comparable sales increased 1.0%. Comparable sales for clothing increased primarily due to an increase in transactions and a slight increase in average unit retail, partially offset by a decrease in units per transaction. Comparable rental services revenue decreased 11.5%, primarily reflecting timing impacts of the 53-week to 52-week calendar shift, an earlier prom season, and a shift in demand for weddings to the third quarter. The Company expects to report roughly flat comparable rental services revenue in the third quarter.
• Jos. A. Bank comparable sales increased 2.0% primarily due to an increase in transactions, partially offset by a slight decrease in units per transaction, while average unit retail was flat.
• K&G comparable sales increased 3.5% primarily due to an increase in units per transaction and average unit retail partially offset by a slight decrease in transactions.
• Moores comparable sales increased 3.7% primarily due to increases in both transactions and average unit retail, while units per transaction were flat.
• Co reaffirms guidance for FY19, sees EPS of $2.35-2.50, excluding non-recurring items, vs. $2.50 two analyst estimate. The Company continues to expect comparable sales for Men's Wearhouse and Jos. A. Bank to be positive low-single-digits. The Company is increasing its outlook for Moores comparable sales to be positive low-single-digits, up from flat-to-up slightly, and raising its outlook for K&G comparable sales to be flat-to-up slightly, up from flat-to-down slightly. 

Earnings this week : September 10 - 14, 18 (wk 37)

Monday (Sept 10)   

• Morning: HOV
• Afternoon: CASY SONO

Tuesday (Sept 11)

• Morning: FRAN 
• Afternoon: FARM

Wednesday (Sept 12)

• Afternoon: OXM PVTL SAIC  TLRD  

Thursday (Sept 13)

• Morning: BRC KR   
• Afternoon:  ADBE CEA AGX PLM RLGT PCYG CSBR GSB

Friday (Sept 14)

• Morning: PLAY  MAMS PTI HGSH ATV CHNR FSBC ZNH

This week's biggest % winners & losers : June 11 - 15, 18 (wk 24)

The following are this week's top 20 percentage gainers and top 20 percentage losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top 20 % gainers

• Healthcare: BLCM (9.93 +17.79%), INSY (8.05 +17.18%), NTRA (14.25 +15.95%), CYTK (9.9 +15.79%), ENDP (8.88 +15.78%), ADRO (7.9 +15.33%)
• Materials: BAK (26.69 +15.19%)
• Consumer Discretionary: RH (160.87 +42.01%),  GOOS (61.02  +41.15%), ETSY (42.54 +27.94%), LE (27.85 +26.3%), RCII (12.03 +18.99%), DISCA (27.17 +18.03%), DIN (76.04 +16.41%), PLAY (55.4 +16.34%)
• Information Technology: QLYS (95.5 +16.82%), SNCR (7.00 +16.09%)
• Telecommunication Services: NIHD (3.58 +56.33%)

This week's top 20 % losers

• Healthcare: BGNE (168.49 -22.27%), AXON (3.79 -21.04%), GBT (40.05 -13.22%)
• Materials: GSV (1.22 -15.86%), GSM (9 -15.57%)
• Industrials: GFF (17.95 -21.1%), GNK (16.61 -15.98%)
• Consumer Discretionary: TLRD (25.71 -22.47%), HRB (23.66 -18.83%), TAL (38.74 -17.22%), ADNT (48.11 -15.57%), HIBB (21.75 -15.04%)
• Financials: SUPV (14.55 -24.34%), BMA (64.56 -20.73%), GGAL (40.04 -19.89%), BFR (14.71 -14.03%)
• Energy: TGS (14.85 -14.36%)

Tailored Brands (TLRD) reported earnings on Wed 13 June 18 (a/h)

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Tailored Brands beats by $0.02, beats on revs; reaffirms FY19 guidance 

• Reports Q1 (Apr) earnings of $0.50 per share, excluding non-recurring items, $0.02 better than the two analyst estimate of $0.48; revenues rose 4.5% year/year to $818 mln vs the $794.05 mln two analyst estimate; retail segment comparable sales of 2.1%.
• Men's Wearhouse comparable sales increased 3.2%. Comparable sales for clothing increased primarily due to an increase in transactions, partially offset by a decrease in units per transaction, while average unit retail was flat. Comparable rental services revenue decreased 3.9%, primarily reflecting a continued shift to purchase suits for special occasions that more than offset the benefit of an earlier prom season.
• Jos. A. Bank comparable sales increased 1.2% primarily due to an increase in transactions and units per transaction that more than offset a decrease in average unit retail.
• Co reaffirms guidance for FY19, sees EPS of $2.35-2.50, excluding non-recurring items, vs. $2.49 two analyst estimate. 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. 

Earnings this week : June 11- 15, 18 (wk 24)

Monday (June 11)

• Premarket: YTRA
• After hours: PLAY, KMG, RH

Tuesday (June 12)

• Premarket: CASY, JW.A, LE
• After hours: HRB, OXM, PVTL, SAIC

Wednesday (June 13)

• Premarket: BITA, KFY
• After hours: TLRD

Thursday (June 14)

• Premarket: MIK
• After hours: FNSR, JBL

Friday (June 15)

• Premarket: GOOS

 

Tailored Brands (TLRD) reported earnings on Wed 6 Dec 17 (a/h)

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Tailored Brands beats by $0.18, reports revs in-line; raises FY18 EPS above estimates 

• Reports Q3 (Oct) earnings of $0.72 per share, excluding non-recurring items, $0.18 better than the two analyst estimate of $0.54; revenues fell 4.3% year/year to $810.8 mln vs the $807.51 mln two analyst estimate. Retail net sales decreased 2.1% primarily due to the impact of last year's store closures, with retail segment comparable sales up 0.1%. Corporate apparel net sales decreased 24.0%, in line with expectations, primarily due to anniversarying last year's rollout of a large new uniform program.
• Comparable sales at Men's Wearhouse decreased 1.0%. Comparable sales for clothing increased slightly primarily due to an increase in transactions and units per transaction partially offset by a decrease in average unit retail. Comparable rental services revenue decreased 4.3%, primarily reflecting a consumer shift to purchase suits for special occasions.
• Jos. A. Bank comparable sales increased 4.9% primarily due to an increase in transactions and average unit retail that more than offset a decrease in units per transaction. K&G comparable sales decreased 0.6% primarily due to lower transactions partially offset by increases in average unit retail and units per transaction. Moores comparable sales decreased 2.6% primarily due to decreases in both units per transaction and transactions that more than offset an increase in average unit retail.
• As a percent of sales, retail gross margin decreased 10 basis points to 45.8%. On an adjusted basis, retail gross margin decreased $7.3 million and the retail gross margin rate was flat compared to last year
• Co issues upside guidance for FY18, sees EPS of $2.03-2.08 from $1.65-1.85, excluding non-recurring items, vs. $1.84 two analyst estimate. Co continues to expect comparable sales for Men's Wearhouse and Moores to be down low-single digits and comparable sales for Jos. A. Bank to increase mid-single digits. The Company now expects comparable sales for K&G to be down low-single digits.  

Long trade : TLRD +15% (10/17)

a.  Oct 19:  vol. 587K;  $13.60
b.  Oct. 20:  vol. 1.2M; $14

Oct 18:  #9; vol. 487K   +15%