Tailored Brands, Inc. reported impairment results for the quarter ended May 4, 2019. For the quarter, the company reported Asset impairment charges of $184,000 as compared to $269,000 for the same period last year.

Given that the company is in the early stages of executing strategic initiatives and evaluating cost savings opportunities, plan is to continue to provide quarterly guidance for the remainder of this fiscal year. The Company's outlook for the second quarter of fiscal 2019 is as follows: The Company expects comparable sales for: Men's Wearhouse to be down 3% to 5%, Jos. A. Bank to be down 2% to 4%, Moores to be down 2% to 4%, K&G to be down 2% to flat.