Glancy Prongay & Murray LLP ("GPM") announces an investigation on behalf of investors of Tailored Brands, Inc. ("Tailored Brands" or the "Company") (f/k/a The Men's Wearhouse, Inc.) (NYSE: TLRD) concerning the Company and its officers' possible violations of federal securities laws. The investigation concerns whether the Company misled investors regarding the success of the acquisition by The Men's Wearhouse, Inc. of Jos. A. Bank Clothiers, Inc.

On or around June 18, 2014, The Men's Wearhouse, Inc. announced the closing of its acquisition of Jos. A. Bank Clothiers, Inc. for consideration of $65 per share in cash. The combined entity, one of the largest suit and apparel retailers in the United States was later renamed Tailored Brands, Inc. And President and CEO, of Tailored Brands declared, Doug Ewert, called the merged entity "a truly great Company for all our stakeholders."

In truth, the Company allegedly faced considerable hurdles to year over year revenue growth, in part fueled by promotional practices that hurt revenues and profitability. On November 5, 2015, Tailored Brands disclosed poor preliminary results for the third quarter of 2015. Citing sales weakness at Jos. A. Bank stores, Tailored Brands informed investors that fourth quarter sales were now expected to be down 20-25% from the same period in the previous year.

On this news, shares of Tailored Brands fell 46%, to close at just $22.70 on November 6, 2015.

Then on December 9, 2015, the Company disclosed third quarter earnings that were actually worse than anticipated, notifying investors that sales at Jos. A. Bank were on pace to be below 35% in the fourth quarter.

On this news, shares of Tailored Brands stock fell nearly 18%, to close at $15.27 on December 10, 2015.

If you purchased Tailored Brands securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to, or visit our website at If you inquire by email please include your mailing address, telephone number and number of shares purchased.

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