TLRD

Tailored Brands Inc

Consumer, Event Driven/Special Sit


Presented:02/28/2014
Price:$50.42
Cap:$2.30B
Current Price:$0.10
Cap:$0.00B

Presented

Date02/28/2014
Price$50.42
Market Cap$2.30B
Ent Value$2.35B
P/E Ratio455.14x
Book Value$21.53
Div Yield1.5%
Shares O/S47.47M
Ave Daily Vol950,000
Short Int4.43%

Current

Price$0.10
Market Cap$0.00B
The Men’s Wearhouse, Inc., together with its subsidiaries, operates as a specialty apparel retailer in the United States and Canada. It provides suits, suit separates, sport coats, slacks, sportswear, outerwear, dress shirts, shoes, and accessories for men, as well as offers tuxedo rentals. The company also provides ladies’ career apparel, sportswear, and accessories; and children’s apparel. As of March 13, 2013, it operated 1,143 retail stores under the brand names of Men’s Wearhouse, Men’s Wearhouse and Tux, K&G, and Moores Clothing. The company also sells its products through menswearhouse.com and kgstores.com. In addition, it is involved in the corporate clothing uniforms and workwear apparel activities, as well as in retail dry cleaning, laundry, and heirlooming operations. The company was founded in 1973 and is based in Houston, Texas.

Please note, on 1/31/16 The Men’s Wearhouse (MW) changed it’s company name and ticker to Tailored Brands, Inc. (TLRD). The content of this idea will make reference to the original company name and ticker symbol.

Highlights

The presenter is long shares of Men’s Wearhouse (MW) and thinks the acquisition of Jos. A Bank (JOSB) could potentially get done at $65 (or slightly more) per share. The recently announced rejection of MW’s $63.50 offer came with a silver lining, he said. It is a good sign that JOSB is now willing to talk and allow MW to perform some due diligence. The acquisition would be highly accretive to MW’s earnings, and if completed he sees the potential for shares to trade up to the $80-100 level over time; however, in the event the deal falls apart there is downside risk to ~$40 for MW, in his opinion.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.