Men's Wearhouse (MW) Reports In-Line Q3 EPS but Quarter-to-Date Comp Sales at Jos. A. Bank Fall 35.1%
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Men's Wearhouse Reports Fiscal 2015 Third Quarter And Nine Month Results
December 9, 2015 5:30 PM ESTFREMONT, Calif., Dec. 9, 2015 /PRNewswire/ -- The Men's Wearhouse (NYSE: MW) today announced consolidated financial results for the fiscal third quarter ended October 31, 2015.
GAAP loss per share for fiscal third quarter 2015 was $0.56. During the quarter, due to the decrease in the Jos. A. Bank sales, the Company performed an interim valuation of the Jos. A. Bank tradename which resulted in a $90.1 million non-cash impairment charge.Â
Fiscal third quarter 2015 adjusted EPS was $0.50 excluding non-operating items and non-cash impairment charges.Â
As reported in the Company's preliminary results release on November 5, 2015, third quarter... More
