Men's Wearhouse (MW) Tops Q1 Views; Guides Q2
The Men's Wearhouse (NYSE: MW) reports Q1 EPS of $0.10, versus the analyst estimate of ($0.01). Revenue for the quarter was $464.1 million, versus the consensus of $459.30 million.
Same stores sales for the quarter fell 7%.
Sees Q2 GAAP EPS of $0.56-$0.60, versus the consensus of $0.56. Same store sales of its retail apparel business are expected to decline in a range of 4-6%, while comparable store sales of its tuxedo rental revenues to increase in a range of 3%-5%.
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EarningsGuidance
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