Tailored Brands CEO Doug Ewert to retire, Dinesh Lathi named Executive Chairman

Tailored Brands, Inc. has announced that its chief executive officer, Doug Ewert has announced his intention to retire from the position and as a member of the company's board, effective September 30, 2018. The company also appointed Dinesh Lathi, non-executive chairman of the board, as Executive Chairman, effective immediately and Theo Killion as lead Independent Director. Providing a preliminary update on its second quarter performance, Tailored Brands also said that it expects to report GAAP diluted EPS in the range of 0.95 dollar to 0.97 dollar and adjusted diluted EPS in the range of 1.05 dollars to 1.07 dollars for quarter ended August 4, 2018.