Thursday, November 24, 2011

Men's Wearhouse beats analysts' expectations - Houston Business Journal:

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In January, the Houston men'as retailer said it expected earnings as low as 16 centsx to 18 centsa share, down from its priore guidance of 43 cents to 48 cents a share. on Wednesday the company reported net earningsxof $14.8 million, or 28 cents a on sales of $535 million, for the 13-week perioed ended Feb. 2, 2008. That compareed with net earningsof $52.3 million, or 95 centsw a share, on revenue of $556.i8 million, for the 14-week period ended Feb. 3, 2007. Analystd polled by Thomson Financialoexpected Men's Wearhouse (NYSE: MW) to have net earnings per share of 17 cents. For the net earnings were $147 or $2.73 per share, on sales of $2.
1 billion, compared with net earnings of $148.6 or $2.71 per share, on salex of $1.9 billion, in 2007. Earlier this Men's Wearhouse said it planned to close its Golden Brandr manufacturing facility in Montrealin July.

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