Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Nordstrom, Inc. (JWN), Macy’s, Inc. (M): What’s In Store for The Men’s Wearhouse, Inc. (MW) Earnings

The Men’s Wearhouse, Inc. (NYSE:MW) will release its quarterly report on Wednesday, and shareholders have continued to enjoy a stock price that’s near levels not seen since before the financial crisis. Yet at least this quarter, The Men’s Wearhouse, Inc. (NYSE:MW)  earnings aren’t likely to produce the growth that could help sustain those share-price advances.

The Men's Wearhouse, Inc. (NYSE:MW)The Men’s Wearhouse, Inc. (NYSE:MW)  is a well-known retailer of suits, sportcoats, and other business-oriented clothing for men. Yet the company has also been looking to update its image, seeking to woo millennials with more of an eye toward fashion than their Generation X counterparts. To that end, The Men’s Wearhouse, Inc. (NYSE:MW) has made some huge changes that will affect its perception among consumers and investors alike. Let’s take an early look at what’s been happening with The Men’s Wearhouse, Inc. (NYSE:MW)  over the past quarter and what we’re likely to see in its report.

Stats on Men’s Wearhouse

Analyst EPS Estimate $1.14
Change From Year-Ago EPS (0.9%)
Revenue Estimate $671.04 million
Change From Year-Ago Revenue 1.3%
Earnings Beats in Past 4 Quarters 2

Source: Yahoo! Finance.

Can Men’s Wearhouse earnings grow this quarter?
Analysts have had mixed views on The Men’s Wearhouse, Inc. (NYSE:MW) earnings in recent months, cutting their July-quarter estimates by almost a dime per share but raising their full-year estimates for this year and next by more modest amounts. The stock has done reasonably well, climbing 8% since early June.

The key event that grabbed attention among those who follow Men’s Wearhouse was the company’s decision to remove founder George Zimmer as executive chairman of the board. Despite the heated exchanges that followed, one could argue that fundamental considerations drove the decision. In its first-quarter results, the company posted a 5% jump in revenue based on 1.6% higher same-store sales. But outside the namesake Men’s Wearhouse business in divisions like its K&G unit and the Canadian retail brand Moores Clothing, comps were sharply negative. Downgraded guidance for the full year in expectations for slightly lower same-store sales also disappointed investors.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.