Men's Wearhouse (MW) Tops Q2 EPS by 2c, Revenue Light, Maintains Guidance
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Men's Wearhouse Reports Fiscal 2015 Second Quarter And Six Month Results
September 8, 2015 5:30 PM EDTFREMONT, Calif., Sept. 8, 2015 /PRNewswire/ --Â The Men's Wearhouse (NYSE: MW) today announced consolidated financial results for the fiscal second quarter ended August 1, 2015.
GAAP diluted EPS for fiscal second quarter 2015 was $0.98 and adjusted EPS was $1.07 excluding non-operating items(1).
Doug Ewert, Men's Wearhouse chief executive officer, stated, "We continue to be pleased with the performance of our legacy brands. Comparable sales increased 3.1% at Men's Wearhouse, 0.7% at Moores and 6.7% at K&G. Excluding rental revenue, Men's Wearhouse clothing comps were 6.5% driven by higher average unit retails. Men's Wearhouse comparable rental revenue decreased 3.3% which... More
