Men's Wearhouse (MW) gains 5.3% AH after reporting FQ3 revenue of $584.6M (+6.3% Y/Y) and EPS of...

|By:, SA News Editor

Men's Wearhouse (MW) gains 5.3% AH after reporting FQ3 revenue of $584.6M (+6.3% Y/Y) and EPS of $0.79, beating Street estimates by $13.7M and $0.14. Gross margin was 45.9%, down 130 bps Q/Q but up 315 bps Y/Y. The company expects FQ4 EPS of -$0.15 to -$0.12, slightly worse than a -$0.11 consensus. Sales are expected be up 3.5%-4%, compared with a 4.1% consensus.