— Tailored Brands (NYSE: TLRD) reported fourth-quarter 2019 adjusted loss per share of $0.46 vs. expected loss per share of $0.53.
— Sales decreased by 5.3% to $691 million vs. $708.49 million expected. Comparable sales declined by 3%.
— Due to the coronavirus outbreak, comparable sales declined across all brands over the past two and a half weeks. As a result, Tailored Brands didn’t provide a specific financial outlook for fiscal 2020 at this time.
— TLRD stock dropped more than 10% during the after-hours.
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