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Dividend.com: Men's Wearhouse Looks Good

Stock quotes in this article: MW , TXN , ELY , NAV  

Men's Wearhouse Shares Jump on Earnings Beat

Clothing retailer and tuxedo rental chain The Men's Wearhouse, Inc.(MW Quote) late Monday delivered fiscal first-quarter earnings that fell significantly from last year, but still beat analysts' estimates.

The Houston-based company reported first-quarter net income of $5.3 million, or 10 cents per share, down 46% from $9.9 million, or 19 cents per share, in the year-ago period.

Total sales in the latest quarter declined 6% to $464.1 million, compared with $491.1 in the same period last year.

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