Men's Wearhouse Reports Fiscal 2015 Third Quarter And Nine Month Results

Men's Wearhouse (MW) PT Cut to $16 at Jefferies - 'Don't Bank On a Quick Fix Here'

Jefferies maintained a Hold rating on The Men's Wearhouse, Inc. (NYSE: MW), and cut the price target to $16.00 (from $32.00), as visibility on turnaround becomes cloudy. MW met recently lowered 3Q guidance, but Jos Bank's steep 35% comp decline 4QTD is outpacing already morose expectations for a 20-25%... More

Men's Wearhouse (MW) PT Cut to $16 at Mizuho Securities as JAB Deceleration Clouds Visibility

Mizuho Securities maintained a Neutral rating on The Men's Wearhouse, Inc. (NYSE: MW), and cut the price target to $16.00 (from $30.00), as rapid deceleration at JAB clouds visibility around topline and margins. With limited visibility to the cause of the rapid traffic decline, Mizuho is uncertain when JAB... More

Stifel Downgrades The Men's Wearhouse, Inc. (MW) to Hold

Stifel downgraded The Men's Wearhouse, Inc. (NYSE: MW) from Buy to Hold and removed its price target (prior $27.00).

For an analyst ratings summary and ratings history on The Men's Wearhouse, Inc.... More

Men's Wearhouse (MW) Reports In-Line Q3 EPS but Quarter-to-Date Comp Sales at Jos. A. Bank Fall 35.1%

(Updated - December 9, 2015 5:36 PM EST)

Men's Wearhouse (NYSE: MW) reported Q3 EPS of $0.50, in-line with the analyst estimate of $0.50. Revenue for the quarter came in at $865.4 million versus the consensus estimate of $876.81 million.

As reported in the Company's preliminary results release on November 5, 2015, third quarter comparable sales increased 5.3% at Men's Wearhouse with clothing comps of 7.2% driven by higher transactions per store and rental comps of 0.7%.

Through the first week of December, the quarter-to-date comparable sales at Jos. A. Bank were down 35.1% while our other brands average comparable sales were up... More