The Men's Wearhouse, Inc., (MW): Founded in 1974, based in Houston, Texas, Men's Wearhouse, operates as a specialty retailer for men's clothing in the United States and Canada. Currently it is operating about 805 retail stores.
Market is expecting a profit of 33 cents a share for the quarter ended October 2009, a jump of 3 cents compared to its actual profit of 30 cents a share it posted in the same quarter a year ago. The company posted a loss of 6 cents in the quarter ended January 2009, a profit of 10 cents in the quarter ended April 2009, and a profit of 71 cents in the quarter ended July 2009.
Shares are currently trading at about $21.64 with an average volume of about 800,000 shares per trading day. MW is in my BUY watch list for short term trading. Watch for earnings on Tuesday December 08, 2009 after market close.
