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Tailored Brands Inc. (TLRD) Fell To Over A 2-Month Low After Q1 Report

Tailored Brands Inc. (TLRD) reported first quarter adjusted EPS of $0.50 after the close Wednesday, up from $0.27 in the prior year period. Analysts expected EPS of $0.48. The company expects to report full year adjusted EPS of $2.35 to $2.50. The consensus estimate is for EPS of $2.49.

Tailored Brands gapped open sharply lower Thursday and fell during the first hour of trade, before settling into a range. Shares finished with a loss of 7.26 at $26.19 on the highest volume of the year. The stock sank to over a 2-month low.

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