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Tailored Brands: Fiscal 1Q Earnings Snapshot

HOUSTON — Tailored Brands Inc. (TLRD) on Wednesday reported fiscal first-quarter profit of $7.1 million.

On a per-share basis, the Houston-based company said it had net income of 14 cents. Earnings, adjusted for non-recurring costs, came to 21 cents per share.

The specialty apparel retailer posted revenue of $781.4 million in the period.

For the current quarter ending in August, Tailored Brands expects its per-share earnings to range from 65 cents to 70 cents.

Tailored Brands shares have dropped 59% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.54, a decline of 84% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TLRD at https://www.zacks.com/ap/TLRD

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