Tailored Brands soars after business update
- Tailored Brands (NYSE:TLRD) reports total retail comparable sales were up 2.4% in FQ1 and all brands positive in February.
- Revenue of $286.7M was reported on a preliminary basis (the consensus estimate isn't applicable).
- As of June 5, 44% of TLRD' stores in across the U.S. and Canada are open. The company has a cash balance of $201M on that date.
- TLRD +20.97% after hours to $1.50.
- Source: Press Release