Content about The Men

June 6, 2014

The Men’s Weahouse reported a decline in first-quarter profit, hurt mostly by expenses. But the retailer’s results still topped Wall Street expectations.

Fremont, Calififornia — The Men’s Weahouse reported a decline in first-quarter profit, hurt mostly by expenses. But the retailer’s results still topped Wall Street expectations.
 
Men's Wearhouse, which is acquiring smaller rival Jos. A. Bank Clothiers, reported first-quarter net earnings of $16.5, compared with $33 million last year. Results include $26.5 million in costs related to strategic projects, primarily Jos. A. Bank and cost reduction initiatives.

November 20, 2013

Eminence Capital which owns 9.8% of the common stock of The Men's Wearhouse and is its single largest shareholder, on Wednesday released a presentation describing why Men’s Wearhouse board of directors should engage in merger discussions with Jos. A. Bank Clothiers, Inc.

New York -- Eminence Capital which owns 9.8% of the common stock of The Men's Wearhouse and is its single largest shareholder, on Wednesday released a presentation describing why Men’s Wearhouse board of directors should engage in merger discussions with Jos. A. Bank Clothiers, Inc. Eminence Capital also said that it has retained Moelis & Company as a strategic advisor.

July 31, 2013

Allen I. Questrom, who has held CEO and other senior executive positions at several major retailers in the past 40 years, has joined the board of directors of The Men’s Wearhouse.

Fremont, Calif. -- Allen I. Questrom, who has held CEO and other senior executive positions at several major retailers in the past 40 years, has joined the board of directors of The Men’s Wearhouse. With the addition of Questrom, currently a member of the boards of directors of Sotheby's and the Glazer family of companies, Men’s Wearhouse has nine directors, seven of whom are independent.

June 7, 2012

The Men’s Wearhouse reported that net income for the first quarter dipped 2% to $26.9 million, dragged down by negative same-store sales at its K&G off-price unit.

Houston -- The Men’s Wearhouse reported Wednesday that net income for the first quarter dipped 2% to $26.9 million, dragged down by negative same-store sales at its K&G off-price unit. Its results missed expectations.

Revenue rose 1% to $586.6 million, missing Wall Street’s forecasted $593.7 million in revenue.

March 8, 2012

The Men's Wearhouse reported a net loss of $3.8 million for the quarter that ended Jan. 28, compared with a net loss of $14.1 million a year earlier, as it cut costs and increased prices.

Houston -- The Men's Wearhouse reported a net loss of $3.8 million for the quarter that ended Jan. 28, compared with a net loss of $14.1 million a year earlier, as it cut costs and increased prices.

The results beat forecasts, and the company said it expects 2012 income to be higher than expectations.

Revenue was $562.2 million, up from $542.1 million.

March 10, 2011

The Men's Wearhouse reported Wednesday a loss of $14.1 million for the quarter ended Jan. 29, narrowed from a loss of $18.8 million in the year-ago period.

Houston -- The Men's Wearhouse reported Wednesday a loss of $14.1 million for the quarter ended Jan. 29, narrowed from a loss of $18.8 million in the year-ago period.

The retailer, which sells suits and rents tuxedos, offered a 2011 forecast of adjusted profit that would beat Wall Street projections.

Revenue increased 18.6% to $542.1 million. Same-store sales rose 4.3% on strong tuxedo-rental revenue.