Tailored Brands Inc (TLRD) Stock News
NYSE:TLRD - New York Stock Exchange, Inc. -
TLRD Latest News, Press Relases and Analysis
Lord & Taylor, Men’s Wearhouse Owner Are the Latest Covid-Linked Retail Bankruptcies
The coronavirus pandemic is speeding up the demise of weaker players, as forced store closures have caused painful declines in sales. Both the high and low ends are feeling the heat. Lord & Taylor is a storied brand, while Tailored Brands owns Mens Wearhouse and Jos. A Bank.
Mentions: ASNA
Men's Wearhouse Parent Tailored Brands Files For Chapter 11 Bankruptcy
Tailored Brands Inc (NYSE: TLRD) has filed for a voluntary Chapter 11 bankruptcy, the company announced Sunday. It's also carrying out a restructuring plan...
Mentions: BLK
Tailored brands joins the retail graveyard with bankruptcy filing (NYSE:TLRD)
Tailored Brands (NYSE:TLRD) +2.2% says it filed for Chapter 11 bankruptcy and entered into a restructuring support agreement with more than 75% of its senior lenders.The agreement outlines a plan to reduce the funded debt by at least $630M and provide increased financial flexibility for its on-going operations.Debtor-in-possession financing of $500M along with the cash on hand (including $90M unrestricted cash which is now being allowed to use) and cash flow will suffice the operational and restructuring needs.DIP financing will convert to a $400M revolving credit facility from existing lenders upon the Company’s emergence from Chapter 11.
Tailored Brands Executes Restructuring Agreement to Strengthen Financial Position
Stocks That Hit 52-Week Lows On Thursday
During Thursday's morning session, 6 stocks hit new 52-week lows. Areas of Interest: Tailored Brands (NYSE: TLRD) was the biggest company by market cap to set a new...
Men’s Wearhouse Parent Files Bankruptcy, Adding to Retail Wreck
Tailored Brands Inc., the owner of Men’s Wearhouse and Jos. A. Bank, filed for bankruptcy protection after the coronavirus lockdown kept America’s office workers at home, putting a damper on demand for new suits.
Men’s Wearhouse Parent Said to Prepare Imminent Bankruptcy
Tailored Brands Inc., the owner of Men’s Wearhouse and Jos. A. Bank, is preparing a bankruptcy filing that would shutter 400 to 500 stores after the coronavirus lockdown kept America’s office workers at home and stifled demand for new suits.
Men’s Wearhouse, Jos. A. Bank Owner Tailored Brands Expects to File for Bankruptcy
The men's apparel retailer was already suffering before social distancing made office attire and formal wear less necessary.
Tailored Brands expects to file for bankruptcy (NYSE:TLRD)
Tailored Brands (NYSE:TLRD) says it has engaged advisors to assist with its plans to evaluate several alternatives, including seeking a restructuring, amendment or refinancing of our debt through a private restructuring or reorganization under applicable bankruptcy law.
Tailored Brand receives NYSE notice for listing standards (NYSE:TLRD)
Tailored Brands (NYSE:TLRD) announces that it received NYSE notification on July 22 that the company is no longer in compliance with the continued listing criteria.The listing criteria requires companies to maintain a 30-trading day average market capitalization of $50M coupled with stockholders’ equity of at least $50M and an average closing share price of at least $1 over a consecutive 30 trading-day period.The company may cure the deficiencies and regain compliance during the 18-month period.Previously: Tailored Brands to slash jobs, close stores in turnaround bid (July 21)
Tailored Brands Addresses NYSE Listing Standards
Ann Taylor and Lane Bryant Owner Joins Growing List of Retailers Filing for Bankruptcy
Ascena Retail Group will close 1,600 of its 2,800 stores in an effort to eliminate its debt by $1 billion, according to court documents.
Tailored Brands Closing Up to One-Third of Its Stores, Layoffs Announced
The company blames the coronavirus for many of its recent woes.
Men's Wearhouse owner Tailored Brands plans to shut 500 stores, cut 20% of corporate workforce
Tailored Brands announced a round of layoffs and hundreds of looming store closures as its business suffers a blow from the coronavirus pandemic.
Men's Warehouse owner Tailored Brands plans to shut 500 stores, cut 20% of corporate workforce
Tailored Brands announced a round of layoffs and hundreds of looming store closures Tuesday, as its business suffers a blow from the coronavirus pandemic.
Tailored Brands to slash jobs, close stores in turnaround bid (NYSE:TLRD)
Tailored Brands (NYSE:TLRD) expects to close up to 500 stores and reduce its corporate workforce by ~20% by the end of FQ2 as a result of the industry-wide business disruptions resulting pandemic/ The company plans to realign its store organization and supply chain infrastructure and organization to best serve its go-forward store footprint and e-commerce in moves designed to strengthen its financial position.
Tailored Brands Announces Plans to Reduce Headcount and Close Stores; Outlines Leadership Changes
Pandemic deals mightier blow to retail than Great Recession: First-quarter operating income down 58%
The retail sector's first-quarter operating income fell 57.7% compared to last year, marking the worst quarter on record.
Best & Worst Performing Small Cap Stocks for July 3, 2020
GNUS – GNUS leads the way today as the best performing small cap stock, closing up 53.68%.
Best & Worst Performing Small Cap Stocks for July 2, 2020
GNUS – GNUS leads the way today as the best performing small cap stock, closing up 53.68%.
Tailored Brands skips out on interest payment (NYSE:TLRD)
Tailored Brands (NYSE:TLRD) is on watch after disclosing in a SEC filing that it won't be making interest payments of approximately $6.1M due today for its Men's Wearhouse subsidiary on 7.00% Senior
Daunting road for distressed retail as COVID-19 hotspots emerge (NASDAQ:ASNA)
The fragile apparel and restaurant sectors are facing another negative few weeks of COVID-19 developments as cases soar. A record level of hospitalizations in Texas tied to the virus has already prom
Daunting road for distressed retail as COVID hotspots emerge (NASDAQ:ASNA)
The fragile apparel and restaurant sectors are facing another negative few weeks of COVID-19 developments as cases soar. A record level of hospitalizations in Texas tied to the virus has already prom
Best & Worst Performing Small Cap Stocks for June 15, 2020
XELA – XELA leads the way today as the best performing small cap stock, closing up 87.95%.
Jiayin Group and NTN Buzztime among Consumer gainers; KBS Fashion and Tailored Brands among losers
Gainers: Jiayin Group (NASDAQ:JFIN) +38%. NTN Buzztime (NYSEMKT:NTN) +35%. B Communications (NASDAQ:BCOM) +34%. Ever-Glory International (NASDAQ:EVK) +31%. Salem Media Group (NASDAQ:SALM) +18%.Losers: