Men's Wearhouse Not Looking Good After Q3 Report

Filed under: Earnings Reports

The Men's Wearhouse, Inc. (MW) is being punished today. Just before the end of the session, the company's shares were down almost 17% to $23.87. Not that you have to be told this, but volume was huge.



What the heck happened? It's a simple case of an outlook that isn't up to Wall Street's standards. According to Bloomberg, the third quarter went well enough. On an adjusted basis, the chain made 57 cents per share. That was nine pennies above the overall projection.

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Men's Wearhouse Not Looking Good After Q3 Report originally appeared on BloggingStocks on Wed, 08 Dec 2010 17:30:00 EST. Please see our terms for use of feeds.

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