Tailored Brands Inc TLRD shares are down 30% after the company reported second-quarter adjusted earnings of 82 cents per share, beating estimates by 8 cents. The company issued weak third-quarter earnings guidance and says it expects comparable sales in all segments to decrease. The company also suspended its quarterly dividend.
Oxford Industries Inc OXM shares are down 9% after reporting a second-quarter earnings miss. Adjusted earnings came in at $1.84, missing estimates by 2 cents. Sales came in at $302 million, missing estimates by $5.49 million. The company issued weak third-quarter guidance.
Oracle Corporation ORCL shares are down 3.5% after reporting a first-quarter sales miss. Earnings came in at 91 cents per share, falling in-line with consensus. Sales came in at $9.21 billion, missing estimates by $72 million. The company also announced CEO Mark Hurd will take a leave of absence for health related issues.
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