$TLRD News

Last published 6y ago

6y agoTLRDTailored Brands Executes Restructuring Agreement to Strengthen Financial PositionBusiness WireFREMONT, Calif.--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE: TLRD) and certain of its subsidiaries (collectively “Tailored Brands” or the “Company”) today announced that it has entered into a restructuring support agreement (“RSA”) with more than 75% of its senior lenders. The RSA outlines agreed-upon terms for a pre-arranged financial restructuring plan (the “Plan”) that is expected to reduce t ...
6y agoNMG TLRDMen’s Wearhouse Parent Files Bankruptcy, Adding to Retail WreckBloombergTailored Brands Inc., the owner of Men’s Wearhouse and Jos. A. Bank, filed for bankruptcy protection after the coronavirus lockdown kept America’s office workers at home, putting a damper on demand for new suits.
6y agoTLRDTailored Brands Likely to Go Bankrupt in Third QuarterBloombergTailored Brands said in 10-Q “it is likely that we will pursue a reorganization under applicable bankruptcy laws, possibly as soon as during the third quarter of fiscal 2020, which begins on Aug. 2, 2020.” In this scenario, shareholders probably will be wiped out, the company said.
6y agoTLRDTailored Brands Addresses NYSE Listing StandardsBusiness WireFREMONT, Calif.--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE: TLRD) today announced that it received notification from the New York Stock Exchange (“NYSE”) on July 22, 2020 that the Company is no longer in compliance with the NYSE continued listing criteria that requires listed companies to maintain a 30-trading day average market capitalization of $50 million coupled with stockholders’ equity of ...
6y agoTLRDMen's Warehouse owner Tailored Brands plans to shut 500 stores, cut 20% of corporate workforceCNBCTailored Brands announced a round of layoffs and hundreds of looming store closures Tuesday, as its business suffers a blow from the coronavirus pandemic.
6y agoTLRDMen's Wearhouse owner Tailored Brands plans to shut 500 stores, cut 20% of corporate workforceCNBCTailored Brands announced a round of layoffs and hundreds of looming store closures as its business suffers a blow from the coronavirus pandemic.
6y agoTLRDTailored Brands Announces Plans to Reduce Headcount and Close Stores; Outlines Leadership ChangesBusiness WireFREMONT, Calif.--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE: TLRD) today announced that, as a result of the unprecedented and industrywide business disruptions resulting from the coronavirus pandemic, it is implementing a series of operating and organizational changes.
6y agoWMT ASNA TLRD FRAN+2Pandemic deals mightier blow to retail than Great Recession: First-quarter operating income down 58%CNBCThe retail sector's first-quarter operating income fell 57.7% compared to last year, marking the worst quarter on record.
6y agoTYL BIO TDY HOG+14S&P Dow Jones Indices Announces Tyler Technologies, Bio-Rad Laboratories and Teledyne Technologies Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600PR NewswireS&P Dow Jones Indices will make the following index adjustments to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 to ensure each index more...
6y agoTGT REGN AMZN LLY+13Stocks making the biggest moves in the premarket: Target, Regeneron, Amazon, Eli Lilly & moreCNBCThe stocks making the biggest moves in premarket trading include Target, Regeneron, Amazon, Eli Lilly, and more.
6y agoTLRD DAL AAL UAL+6Stocks making the biggest moves after hours: GrubHub, Tailored Brands, Delta and moreCNBCCheck out the companies making headlines after the bell.
6y agoTLRDTailored Brands, Inc. Provides Business Update; Reports Select Preliminary First Quarter Fiscal 2020 Financial MetricsBusiness WireFREMONT, Calif.--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE: TLRD) today provided a business update and announced select preliminary financial metrics for the first quarter ended May 2, 2020. These preliminary financial metrics are subject to the completion of the Company’s standard disclosure processes and internal control procedures in connection with its preparation of the quarterly financial ...
6y agoTIF M SIG HDS+8Stocks making the biggest moves in the premarket: Tiffany, Macy's, Stitch Fix, Signet Jewelers & moreCNBCThe stocks making the biggest moves in premarket trading include Tiffany, Macy's, Stitch Fix, Signet Jewelers, and more.
6y agoSFIX COUP SMG TLRD+5Stocks making the biggest moves after hours: Chesapeake, Macy's, Tailored Brands and moreCNBCCheck out the companies making headlines after the bell.
6y agoHLI PJT TLRDMen’s Wearhouse Owner Weighs Bankruptcy FilingBloombergTailored Brands Inc., the owner of Men’s Wearhouse and Jos. A. Bank, is considering a potential bankruptcy after the coronavirus lockdown kept America’s office workers at home, putting a damper on demand for new suits.
6y agoASNA TLRD LE DO+8JC Penney could join a growing list of bankruptcies during the coronavirus pandemicCNBCThe economic uncertainty driven by the Covid-19 pandemic has pushed struggling companies over the edge into bankruptcy proceedings.
6y agoTLRDTailored Brands Reopens E-Commerce Fulfillment CentersBusiness WireFREMONT, Calif.--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE: TLRD) today announced that, after instituting enhanced social distancing and sanitation protocols that meet or exceed those recommended by the Centers for Disease Control and Prevention, it reopened its e-commerce fulfillment centers effective Monday, March 30th and these centers have begun shipping online orders.
6y agoSPG JCP M KSS+11Largest US mall owner, Simon Property, furloughs 30% of workforce, adding to avalanche of coronavirus-related retail layoffsCNBCThe biggest U.S. mall owner, Simon Property Group, has furloughed about 30% of its workforce as the company copes with all of its properties being temporarily shut because of the coronavirus pandemic.
6y agoTLRDTailored Brands Adopts Short-Term Shareholder Rights PlanBusiness WireFREMONT, Calif.--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE: TLRD) announced today that its board of directors (the “Board”) adopted a short-term shareholder rights plan (the “Rights Plan”) to protect the best interests of all Tailored Brands shareholders. In adopting the Rights Plan, the Board has taken note of the substantial impact of the COVID-19 pandemic on market activity and increased vol ...
6y agoWMT TLRD GPS M+1Retailers Furlough 500,000 Despite Stimulus Law, More ExpectedBloombergOn Monday, three days after President Trump signed a $2 trillion stimulus into law, Kohl’s Corp., Macy’s Inc. and Gap Inc. joined the growing number of retailers to halt pay for much of their workforce, while perserving some benefits.
6y agoNKE LULU JWN TLRD+2As retailers extend store closures past the two-week mark, tougher decisions need to be madeCNBCFriday, March 27, was the day that many retailers set roughly two weeks ago as the marker for how long they planned to temporarily keep their shops closed for. Well, here we are, and nothing is opening back up. Not even close.
6y agoTLRDTailored Brands Provides Third COVID-19 UpdateBusiness WireFREMONT, Calif.--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE: TLRD) today announced that, based on the latest guidance from federal, state and local government and health authorities, and in the interest of the health and safety of its customers and employees, the Company will extend the temporary closure of its retail stores until at least May 4, 2020.
6y agoTLRDTailored Brands Provides Second COVID-19 Business UpdateBusiness WireFREMONT, Calif.--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE: TLRD) today announced that, in light of evolving government and citizen response to the COVID-19 outbreak, it will, out of an abundance of caution and concern for its employees, close its e-commerce fulfillment centers starting Friday, March 20 through at least Saturday, March 28, 2020, and will suspend the currently limited operations ...
6y agoWSM GES TLRD FIVE+3Stocks making the biggest moves after hours: Williams-Sonoma, Guess, Tailored Brands and moreCNBCCheck out the companies making headlines after the bell.
6y agoTLRDTailored Brands' (TLRD) CEO Dinesh Lathi on Q4 2019 Results - Earnings Call TranscriptEarnings Call Transcripts
6y agoTLRDTailored Brands, Inc. Reports Fiscal 2019 Fourth Quarter and Year End ResultsBusiness WireFREMONT, Calif.--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE: TLRD) today announced consolidated financial results for the fiscal fourth quarter and year ended February 1, 2020.
6y agoTLRDTailored Brands Provides COVID-19 Business UpdateBusiness WireFREMONT, Calif.--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE: TLRD) today announced that in response to the coronavirus and to protect the health and safety of our customers, employees and the communities we serve, we will temporarily close our retail locations in the U.S. and Canada starting Tuesday, March 17 through Saturday, March 28, 2020. Store employees will be paid for scheduled hours duri ...
6y agoBLK SPG BPY SQBG+1This company is looking for more fashion brands to buy, and now it has the money to do itCNBCWHP Global's latest capital raise, in addition to a facility already in place with BlackRock, gives it north of $1 billion in buying power.
6y agoTLRDTailored Brands Closes the Sale of the Joseph Abboud Trademarks to WHP Global for $115 MillionBusiness WireFREMONT, Calif.--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE: TLRD) today announced that it has closed the sale of the Joseph Abboud trademarks to WHP Global for $115 million. In conjunction with this transaction, Tailored Brands entered into a licensing agreement with WHP for the exclusive rights to sell and rent Joseph Abboud branded apparel and related merchandise in the U.S. and Canada.
6y agoTLRDTailored Brands to Announce Fiscal 2019 Fourth Quarter Financial Results and Host Conference Call on March 18, 2020Business WireFREMONT, Calif.--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE: TLRD) today announced that it will release fiscal 2019 fourth quarter and year end results on Wednesday, March 18, 2020, at approximately 4:15 p.m. Eastern Time (ET). The announcement will be followed by a conference call and live webcast hosted by management at 5:00 p.m. ET.
6y agoTLRDTailored Brands to Sell the Joseph Abboud Trademarks to WHP Global for $115 MillionBusiness WireFREMONT, Calif., & NEW YORK--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE: TLRD) and WHP Global (“WHP”) today announced that they have entered into an agreement whereby Tailored Brands will sell the Joseph Abboud trademarks to WHP for $115 million. Tailored Brands has also entered into a licensing agreement with WHP for the exclusive rights to sell and rent Joseph Abboud branded apparel and relate ...
6y agoTLRDTailored Brands, Inc. Reports Fiscal 2019 Third Quarter ResultsBusiness WireFREMONT, Calif.--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE: TLRD) today announced consolidated financial results for the fiscal third quarter ended November 2, 2019.
6y agoTLRDAndrew Vollero Joins Tailored Brands Board of DirectorsBusiness WireFREMONT, Calif.--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE: TLRD) today announced that Andrew (“Drew”) Vollero will join its Board of Directors and serve as a member of the audit committee. The Tailored Brands Board of Directors is now comprised of a total of eight members, six of whom are independent.
7y agoTLRDMen’s Wearhouse Becomes First Formal Clothing Sponsor for the Congressional Medal of Honor SocietyBusiness WireFREMONT, Calif.--(BUSINESS WIRE)--As a proud sponsor of the Congressional Medal of Honor Society, Men’s Wearhouse, a subsidiary of Tailored Brands, Inc. (NYSE: TLRD), created custom formalwear for the Medal of Honor recipients attending the annual Patriot Gala that took place in Tampa, Florida, on Friday, October 25th. The Medal of Honor is the highest military decoration granted to those who dist ...
7y agoTLRDTailored Brands to Announce Fiscal 2019 Third Quarter Financial Results and Host Conference Call on December 11, 2019Business WireFREMONT, Calif.--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE: TLRD) today announced that it will release fiscal 2019 third quarter results on Wednesday, December 11, 2019, at approximately 4:15 p.m. Eastern Time (ET). The announcement will be followed by a conference call and live webcast hosted by management at 5:00 p.m. ET.
7y agoTLRDTailored Brands Partners With the National Hockey LeagueBusiness WireFREMONT, Calif.--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE: TLRD) and its subsidiaries, Men’s Wearhouse, Moores Clothing for Men, and Jos. A. Bank today announced a multiyear partnership with the National Hockey League (NHL®), marking its first partnership with the professional sports league. To coincide with the start of the 2019-20 NHL season on October 2, hockey fans will be able to customiz ...
7y agoTLRDTailored Brands, Inc. Reports Fiscal 2019 Second Quarter ResultsBusiness WireFREMONT, Calif.--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE: TLRD) today announced consolidated financial results for the fiscal second quarter ended August 3, 2019.
7y agoTLRDTailored Brands Enters Licensed Collaboration With the NFLBusiness WireFREMONT, Calif.--(BUSINESS WIRE)--Men’s Wearhouse and Jos. A. Bank, both subsidiaries of Tailored Brands, Inc. (NYSE: TLRD), announced today a multi-year licensing agreement with the National Football League. Beginning this Thursday, September 5th, timed with the kick off of the 100th season of the National Football League, sports fans will be able to customize their suits and sport coats with lin ...
7y agoTLRDTailored Brands Announces Sale of Corporate Apparel Business for $62 Million in Cash; Provides Update on Fiscal 2019 Second Quarter ResultsBusiness WireFREMONT, Calif.--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE: TLRD) today announced that it has closed the sale of its corporate apparel business to a group led by the existing corporate apparel U.K. executive team for total cash consideration of $62 million, subject to certain working capital adjustments. Of the $62 million in total consideration, approximately $56 million was received upon clos ...
7y agoTLRDTailored Brands Bolsters Men’s Wearhouse Executive Team to Advance Marketing, Merchandising and Digital StrategiesBusiness WireFREMONT, Calif.--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE: TLRD) today announced the appointment of three executives reporting to Carrie Ask, brand president, Men’s Wearhouse and Moores, to drive and advance execution of the brands’ growth strategies. Joining the team are Mary Ann McGrath as senior vice president and chief marketing officer, Jerry Brandehoff as senior vice president and genera ...
7y agoTLRDTailored Brands to Announce Fiscal 2019 Second Quarter Financial Results and Host Conference Call on September 11, 2019Business WireFREMONT, Calif.--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE: TLRD) today announced that it will release fiscal 2019 second quarter results on Wednesday, September 11, 2019, at approximately 4:15 p.m. Eastern Time (ET). The announcement will be followed by a conference call and live webcast hosted by management at 5:00 p.m. ET.
7y agoTLRDTailored Brands, Inc. Declares Quarterly Cash DividendBusiness WireFREMONT, Calif.--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE: TLRD) announced that its Board of Directors declared a quarterly cash dividend of $0.18 per share payable on September 27, 2019, to shareholders of record at the close of business on September 17, 2019.
7y agoTLRDTailored Brands, Inc. (TLRD) CEO Dinesh Lathi on Q1 2019 Results - Earnings Call TranscriptEarnings Call Transcripts
7y agoTLRDTailored Brands, Inc. Reports Fiscal 2019 First Quarter ResultsBusiness WireFREMONT, Calif.--(BUSINESS WIRE)--Tailored Brands, Inc. (NYSE:TLRD) today announced consolidated financial results for the fiscal first quarter ended May 4, 2019.
7y agoTLRDTailored Brands, Inc. (TLRD) Q3 2018 Results - Earnings Call TranscriptEarnings Call Transcripts
8y agoTLRDTailored Brands, Inc. (TLRD) CEO Doug Ewert on Q1 2018 Results - Earnings Call TranscriptEarnings Call Transcripts
9y agoTLRDTailored Brands' (TLRD) CEO Douglas Ewert Q2 2017 Results - Earnings Call TranscriptEarnings Call Transcripts
9y agoM TLRDMacy’s, Inc. and Tailored Brands to Wind Down PartnershipBusiness WireCINCINNATI & FREMONT, Calif.--(BUSINESS WIRE)--Macy’s, Inc. (NYSE:M) and Tailored Brands, Inc. (NYSE:TLRD) today announced their joint plan to wind down operations under the tuxedo rental license agreement Macy’s, Inc. had established with Men’s Wearhouse on June 9, 2015.
9y agoTLRDTailored Brands' (TLRD) CEO Doug Ewert Q4 2016 Results - Earnings Call TranscriptEarnings Call Transcripts
10y agoTLRDTailored Brands' (TLRD) CEO Doug Ewert on Q1 2016 Results - Earnings Call TranscriptEarnings Call Transcripts