Tailored Brands stock dips on weak Q3 revenue, guidance

Specialty apparel retailer Tailored Brands (TLRD) reported a 62% dip in earnings for the third quarter due to goodwill impairment charge as well as higher operating expenses. The bottom line exceeded analysts’ expectations. The stock plunged over 22% in the after-market session following the company’s weak top-line and guidance. Net income dropped 62% to $13.9 … Continue reading Tailored Brands stock dips on weak Q3 revenue, guidance