Alan Brochstein, CFA
Contrarian, growth at reasonable price, management change, cannabis stocks

Men's Wearhouse: Investors Are Going To Like The Way It Looks

Like so many companies in the industrial and consumer discretionary sectors, many of which are being prodded by outside investors, specialty retailer Men's Wearhouse (MW) is in the process of changing its proverbial wardrobe. I have followed this company for many years, and I believe that their announcement to engage Jefferies to help them divest K&G is a game-changer. While the stock jumped up sharply following the announcement, disposition could prove not only to boost overall margins and allow management to focus on its more attractive franchises, but it is likely to result in P/E expansion as investors are able to better appreciate the underlying growth story.

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What is Men's Wearhouse?

George Zimmer, whose voice...

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