Tailored Brands declares quarterly cash dividend

Tailored Brands, Inc. has announced that its board of directors declared a quarterly cash dividend of 0.18 dollar per share payable on September 28, 2018, to shareholders of record at the close of business on September 18, 2018.

For the first quarter ended May 5, 2018, Tailored Brands, Inc. reported GAAP diluted earnings per share of 0.27 dollars and adjusted diluted earnings per share of 0.50 dollars, compared to 0.04 dollar and 0.27 dollars respectively, reported last year. Total net sales increased 4.5 percent to 818 million dollars.

Picture:Facebook/Men's Wearhouse

 

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