Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of suit retailer Men's Wearhouse (NYSE: MW) were knocked down 15% today after the company released earnings and a disappointing outlook.

So what: Earnings for the third quarter were fine, with revenue increasing 19% to $550.1 million and net income rising to $25.3 million. But investors are focusing on the fourth quarter, when the company is expecting an adjusted loss of $0.19 to $0.22 -- far below analyst estimates of a $0.05 loss.

Now what: The fourth quarter is usually a weak quarter because shoppers focus on gifts instead of new suits, but this year, Men's Wearhouse is expecting an especially bad year. Given the strong growth we saw this quarter, I think the poor guidance could be giving investors a chance to get into this retailer at a much better price. Investors focused on the long term can overlook one bad quarter, especially in a company’s weakest season.
 
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Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings, or follow his Motley Fool CAPS picks at TMFFlushDraw.

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