Tailored Brands Gets Pantsed
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 13 December 2018
⏱️ 31 minutes
🧾️ Download transcript
Summary
Tailored Brands (parent company of Men’s Wearhouse and Jos. A Bank) falls 30% on rough guidance. Visa moves to help companies eliminate paper checks. Markel falls when regulators come knocking on the front door. Jason Moser analyzes those stories and shares the two stocks he bought shares of last week. Plus, KFC is selling fried chicken-scented logs for your fireplace, and we’ve got a holiday sale at http://shop.fool.com for the investor in your life!
Holiday Music: “O Come, All Ye Faithful“ by Twister Sister
Thanks Netsuite. Get the FREE guide, “Crushing the Five Barriers to Growth”, at www.NetSuite.com/Fool.
Transcript
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| 0:00.0 | Thanks to NetSuite by Oracle, the business management software that handles every aspect of your business in an easy to use cloud platform. |
| 0:07.0 | Get the free guide. |
| 0:08.0 | It's free! |
| 0:09.0 | Get the free guide crushing the five barriers to growth by going to net suite.com slash fool. |
| 0:15.0 | It's Thursday December 13th. Welcome to market foolery. |
| 0:20.0 | I'm Chris Hill joining me in studio. Jason Moser. |
| 0:23.0 | Thanks for being here. |
| 0:24.0 | Always happy to be here. |
| 0:25.0 | We got considering it's mid-December and things are typically winding down. |
| 0:28.0 | We got kind of a packed show. |
| 0:30.0 | It's kind of an exciting date. |
| 0:31.0 | There's a lot going on. |
| 0:32.0 | It is. We're going to dip into the full mailbag. We've got not one |
| 0:35.8 | but two holiday shopping suggestions for the dozens of listeners. They know. And we're going to get to the war on cash. Don't worry. And we're also going to get to the war on cash don't worry and we're also going to get to the |
| 0:44.9 | stock that Jason recently bought stocks oh yes plural oh okay I know we're gonna get to all |
| 0:52.0 | of that it's a big. But we're going to start with some earnings |
| 0:56.5 | from tailored brands and the rough week for apparel just gets rougher. |
| 1:03.0 | Tailored Brands is the parent company of Men's Warehouse and Joseph A Bank. |
| 1:09.3 | And that stock is down 27% this morning on third quarter results that on the surface |
| 1:16.1 | don't look as bad. They don't look 27% negative bad. They don't look great, but I'm you tell me what's going on here. |
| 1:25.8 | Well Chris you're going to hate their guidance. I guarantee it. |
| 1:29.9 | Really in all honesty that's what it is. I think to your point that the results for the quarter were not really bad at all. |
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