Plus   Neg

Tailored Brands Posting Strong Gain On Upbeat Q3 Earnings

Shares of Tailored Brands (TLRD) are seeing significant strength in afternoon trading on Thursday, jumping by 12.5 percent. Earlier in the session, Tailored Brands reached a nine-month intraday high.

The rally by Tailored Brands comes after the specialty apparel retailer reported third quarter earnings that came in well above analyst estimates.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Amazon.com Inc. (AMZN) Thursday reported a first-quarter profit that more than doubled from a year ago, driven largely by a huge 46 percent growth in revenues. Shares of the online retailer gained 6 percent in extended session. Seattle, Washington-based Amazon reported first-quarter profit of $1.63... Software giant Microsoft Corp. (MSFT), Thursday reported an increase in profit for the third-quarter that trumped analysts' estimates, driven largely by strong growth in cloud business, as the software giant continues its transition from key software business to cloud business. Redmond, Washington-based... Shares of Deutsche Bank were losing around 2 percent in German trading after the banking giant reported lower profit and revenues in its first quarter with weakness in all segments, mainly Corporate & Investment Bank. Separately, the bank announced actions to reshape its Corporate & Investment Bank and additional cost-cutting measures, including job cuts.
Follow RTT