Tailored Brands Inc. TLRD, -2.58% shares dropped in the extended session Wednesday after the Men's Wearhouse and Jos. A. Bank parent's outlook fell well short of Wall Street estimates.
Tailored Brands Inc. TLRD, -2.58% shares dropped in the extended session Wednesday after the Men's Wearhouse and Jos. A. Bank parent's outlook fell well short of Wall Street estimates. Tailored Brands shares dropped 15% after hours, following a 2.6% decline to close the regular session at $11.69. For the first quarter, Tailored Brands expects adjusted earnings of 10 cents to 15 cents a share, while analysts surveyed by FactSet had forecast 51 cents a share.
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