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Tailored Brands rises on back of increase in like-for-like sales

Last updated: 10:51 08 Sep 2017 EDT, First published: 05:51 08 Sep 2017 EDT

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A look at the day's big movers

RISERS

Tailored Brands Inc (NYSE:TLRD), up 8.1%

Second quarter earnings per share (EPS) rose to US$1.19 from 51 cents the year before.

“We were pleased that all brands posted sequential improvement in comparable sales on a one- and two-year stacked basis during the second quarter, which resulted in positive comparable sales for our retail segment as a whole,” said Doug Ewert, the chief executive officer of the clothes seller.

Rev Group Inc (NYSE:REVG), up 6.9%

The vehicles maker saw third quarter profits and revenues rise year-on-year, powered by expansion of its fire & emergency and recreational vehicle businesses.

FALLERS

Hudbay Minerals Inc (TSE:HBM, NYSE:HBM), down 11.2%

The shares fell C$1.18 to C$9.57 in Toronto trading after the company raised C$242mln by issuing shares at C$10.10 a share.

Science Applications International Corporation (NYSE:SAIC), down 17.3%

The technology integrator saw underlying earnings (EBITDA) in the three months to 4 August fall to US$70mln from US$82mln in the same period a year earlier.

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