Tailored Brands (NYSE:TLRD) issued an update on its FY19 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $2.35-2.50 for the period, compared to the Thomson Reuters consensus estimate of $2.29.
Tailored Brands (TLRD) traded down $0.10 during trading hours on Wednesday, hitting $23.21. The company had a trading volume of 2,242,887 shares, compared to its average volume of 1,139,848. The company has a current ratio of 2.48, a quick ratio of 0.52 and a debt-to-equity ratio of -97.85. The firm has a market capitalization of $1,154.26, a P/E ratio of 16.77, a P/E/G ratio of 0.64 and a beta of 1.94. Tailored Brands has a twelve month low of $9.40 and a twelve month high of $26.03.
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 29th. Investors of record on Monday, March 19th will be given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.10%. The ex-dividend date is Friday, March 16th. Tailored Brands’s dividend payout ratio is currently 52.94%.
In other news, Director William B. Sechrest sold 1,286 shares of the business’s stock in a transaction that occurred on Tuesday, December 26th. The stock was sold at an average price of $23.18, for a total transaction of $29,809.48. Following the completion of the sale, the director now owns 39,098 shares in the company, valued at $906,291.64. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 2.00% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: This piece of content was originally posted by American Banking News and is the sole property of of American Banking News. If you are reading this piece of content on another domain, it was stolen and republished in violation of United States & international trademark & copyright law. The legal version of this piece of content can be read at https://www.americanbankingnews.com/2018/03/14/tailored-brands-tlrd-releases-fy19-earnings-guidance.html.
About Tailored Brands
Tailored Brands, Inc is a holding company of The Men’s Wearhouse, Inc The Company is a specialty apparel retailer offering suits, suit separates, sport coats, slacks, business casual, sportswear, outerwear, dress shirts, shoes and accessories for men and tuxedo and suit rental product. It operates through two segments: Retail and Corporate Apparel.
Receive News & Ratings for Tailored Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tailored Brands and related companies with MarketBeat.com's FREE daily email newsletter.