Tailored Brands, Inc. has announced a quarterly cash dividend of 18 cents per share payable on March 29, 2019, to shareholders of record at the close of business on March 19, 2019.

Lowering its outlook for the fourth quarter, last month the company said that it expects to report adjusted diluted loss per share in the range of 29 cents to 34 cents, compared to prior guidance of adjusted diluted loss per share in the range of 24 cents to 29 cents. Full year fiscal adjusted earnings per diluted share are now expected to in the range of 2.25 dollars to 2.30 dollars, compared to prior guidance of adjusted earnings per diluted share in the range of 2.30 dollars to 2.35 dollars.

The company’s omni-channel network includes over 1,400 stores in the US and Canada and brand websites. The brand portfolio consists of Men's Wearhouse, Jos. A. Bank, Joseph Abboud, Moores Clothing for Men and K&G. It also operates an international corporate apparel and workwear group consisting of Dimensions, Alexandra and Yaffy in the United Kingdom and Twin Hill in the United States.

 

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