The 10-second takeaway
For the quarter ended May 4 (Q1), Men's Wearhouse beat slightly on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded. GAAP earnings per share grew significantly.
Margins grew across the board.
Men's Wearhouse reported revenue of $616.5 million. The five analysts polled by S&P Capital IQ foresaw revenue of $604.7 million on the same basis. GAAP reported sales were 5.1% higher than the prior-year quarter's $586.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.65. The six earnings estimates compiled by S&P Capital IQ anticipated $0.55 per share. GAAP EPS of $0.65 for Q1 were 25% higher than the prior-year quarter's $0.52 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 45.1%, 180 basis points better than the prior-year quarter. Operating margin was 8.5%, 150 basis points better than the prior-year quarter. Net margin was 5.4%, 80 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $688.4 million. On the bottom line, the average EPS estimate is $1.21.
Next year's average estimate for revenue is $2.56 billion. The average EPS estimate is $2.75.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 232 members out of 279 rating the stock outperform, and 47 members rating it underperform. Among 81 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 72 give Men's Wearhouse a green thumbs-up, and nine give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Men's Wearhouse is outperform, with an average price target of $35.75.
Can your portfolio provide you with enough income to last through retirement? You'll need more than Men's Wearhouse. Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks." Click here for instant access to this free report.
- Add Men's Wearhouse to My Watchlist.