Tailored Brands files for IPO on Nasdaq under ticker MENW

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Summary · why it matters

Tailored Brands, the parent company of Men’s Wearhouse, Jos. A. Bank, Moores, and K&G Fashion Superstore, has filed for an initial public offering with the U.S. Securities and Exchange Commission. The company plans to list on the Nasdaq under the symbol MENW, though the number of shares and price range have not yet been disclosed. Goldman Sachs, Morgan Stanley, and Jefferies are serving as lead underwriters. For fiscal year 2025, Tailored Brands reported net income of $217 million on sales of $2.5 billion. The company previously filed for bankruptcy in August 2020 amid pandemic-driven demand declines and emerged later that year with $686 million less debt.

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Financials · 3 stocks
Consumer Discretionary · 2 stocks

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Tailored BrandsPrivate▲ Positive
Capitalrelevance

IPO filing and planned listing on Nasdaq, with improved financials post-bankruptcy