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Tailored Brands Inc. (TLRD) Has Tumbled To 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 morning and is now down 7.52 at $25.92 on above average volume. The stock has dropped to over a 2-month low.

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