Why Men's Wearhouse (MW) Stock Is Up in After-Hours Trading Today

NEW YORK (TheStreet) -- Shares of Men's Wearhouse  (MW) were up 2.1% to $1.13 in after-hours trading Wednesday after the apparel retailer reported mixed second-quarter earnings.

The company reported adjusted earnings per share of $1.10. Total revenue increased 24.1% year-over-year to $803.1 million from $647.3 million.

Analysts had expected adjusted EPS of $1.06 on revenue of $894.1 million.

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Separately, TheStreet Ratings team rates MENS WEARHOUSE INC as a "buy" with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:

"We rate MENS WEARHOUSE INC (MW) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income."

You can view the full analysis from the report here: MW Ratings Report

MW Chart MW data by YCharts

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