The Men's Wearhouse, Inc. (MW) is being punished today. Just before the end of the session, the company's shares were down almost 17% to $23.87. Not that you have to be told this, but volume was huge.

What the heck happened? It's a simple case of an outlook that isn't up to Wall Street's standards. According to Bloomberg, the third quarter went well enough. On an adjusted basis, the chain made 57 cents per share. That was nine pennies above the overall projection.

Continue reading Men's Wearhouse Not Looking Good After Q3 Report

Men's Wearhouse Not Looking Good After Q3 Report originally appeared on BloggingStocks on Wed, 08 Dec 2010 17:30:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Verisk (VRSK) was upgraded to outperform from market perform at Wells Fargo.
• Marriott (MAR) was upgraded to outperform from market perform at Bernstein.
• Jefferies upgraded Teekay (TK) and Tsakos Energy (TNP) to Buy from Hold.
• Cadence Design (CDNS) was upgraded to sector perform from underperform at RBC Capital.
• BofA/Merrill upgraded NV Energy (NVE) to buy from underperform and Education Realty Trust (EDR) to neutral from underperform.
• Men's Wearhouse (MW) was upgraded to buy from hold at Stifel.
• William Blair upgraded Atheros (ATHR) to outperform from market perform.
• Freeport McMoran (FCX) was upgraded to buy from hold at Argus.

Continue reading Analyst Calls: CTV, CVX, EAT, FCX, ICE, MAR, MW, TRV, WLP ...

Analyst Calls: CTV, CVX, EAT, FCX, ICE, MAR, MW, TRV, WLP ... originally appeared on BloggingStocks on Tue, 26 Oct 2010 11:30:00 EST. Please see our terms for use of feeds.

Continue reading Men's Wearhouse Beats the Analysts in Q2

Men's Wearhouse Beats the Analysts in Q2 originally appeared on BloggingStocks on Thu, 09 Sep 2010 15:00:00 EST. Please see our terms for use of feeds.

The Federal Reserve's next Beige Book report is scheduled to be released this week. This report is a compilation of anecdotal information on current economic conditions from each of the 12 Federal Reserve Bank districts, and it is released eight times a year. The data comes from interviews with business contacts, economists, market experts, and other sources. While the June report showed modest growth across the districts, the July report showed that the economic recovery had slowed, even stalled in some districts.

Other economic data due out this holiday-shortened week include:

Continue reading The Week in Preview: Beige Book, Smithfield Foods, Talbots, Men's Wearhouse

The Week in Preview: Beige Book, Smithfield Foods, Talbots, Men's Wearhouse originally appeared on BloggingStocks on Sun, 05 Sep 2010 12:30:00 EST. Please see our terms for use of feeds.

Continue reading Is Men's Wearhouse a Buy After Q1 Report?

Is Men's Wearhouse a Buy After Q1 Report? originally appeared on BloggingStocks on Thu, 10 Jun 2010 09:30:00 EST. Please see our terms for use of feeds.

Situations can change, of course, but for now, the stats do nothing at all for me. Total revenues decreased 4%. Same-store sales were down at each concept; the actual Men's Wearhouse brand was down over 7%. According to Reuters, the adjusted loss per share was 11 cents. This beat the analysts: they were bracing for a loss of 16 cents per share.

Continue reading Men's Wearhouse Beats Estimates, but I'm Not Buying

Men's Wearhouse Beats Estimates, but I'm Not Buying originally appeared on BloggingStocks on Thu, 11 Mar 2010 15:00:00 EST. Please see our terms for use of feeds.

The earnings season, like the calendar year, is winding down. The sprinkling of quarterly results scheduled for this coming week include S&P 500 components AutoZone (AZO), Ciena (CIEN), H&R Block (HRB) and National Semiconductor (NSM), as well as Dollar General (DG), Imperial Sugar (IPSU), Krispy Kreme Doughnuts (KKD), Men's Wearhouse (MW), Talbots (TLB) and others.

Analysts surveyed by Thomson Reuters expect to see strong year-over-year and sequential EPS growth from luxury watchmaker Movado Group Inc. (MOV). During its third quarter of fiscal 2010, this Paramus, N.J.-based company was recognized for its innovative use of technology and it reported a big profit decline for the second quarter.

Continue reading The week in preview: Profit expectations for Costco, Kroger, Movado and others

The week in preview: Profit expectations for Costco, Kroger, Movado and others originally appeared on BloggingStocks on Sun, 06 Dec 2009 12:30:00 EST. Please see our terms for use of feeds.

Here are some highlights from last week's earnings coverage from BloggingStocks:

• Best Buy Inc. (NYSE: BBY) was downgraded by one analyst ahead of next week's Q2 earnings report.
• Campbell Soup Co. (NYSE: CPB) better-than-expected Q4 and full-year profit failed to impact the share price.
• FedEx Corp. (NYSE: FDX) boosted its Q1 earnings guidance ahead of next week's quarterly report.
• JoS. A. Bank Clothiers Inc. (NASDAQ: JOSB) saw its Q2 earnings jump higher than expected.
• Korn/Ferry International (NYSE: KFY) swung to a Q1 net loss as revenue plunged despite cost cuts.
• lululemon athletica inc. (NASDAQ: LULU) strong Q2 numbers topped estimates and drove shares higher.

Continue reading Earnings highlights: Best Buy, FedEx, Campbell, National Semiconductor, Talbots ...

Earnings highlights: Best Buy, FedEx, Campbell, National Semiconductor, Talbots ... originally appeared on BloggingStocks on Sat, 12 Sep 2009 14:10:00 EST. Please see our terms for use of feeds.

Men's Wearhouse (NYSE: MW) closed at $24.99 after reporting a mixed Q3 outlook. MW options were active on contract volume of 3,238. MW September option implied volatility is at 45, October is at 51; below its 26-week average of 71, according to Track Data, suggesting decreasing price movement.

Sherwin-Williams (NYSE: SHW) closed at $58.65 after KeyBanc lowered its rating on SHW to Hold from Buy. SHW options were active on contract volume of 11,680. SHW September and October option implied volatility of 31 is below its 26-week average of 39, according to Track Data, suggesting decreasing price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Options Update: Men's Wearhouse puts active on profit taking after EPS originally appeared on BloggingStocks on Fri, 11 Sep 2009 08:00:00 EST. Please see our terms for use of feeds.

Wednesday, Men's Wearhouse (NYSE: MW) posted solid earnings results but a disappointing forecast. Just a week ago, JoS. A. Bank (NASDAQ: JOSB) saw its second-quarter earnings increase 40% as well. The company earned 68 cents per share in the quarter, easily outpacing expectations for a profit of 54 cents per share. Unlike Men's Wearhouse, JoS. A. Bank did not issue a disappointing forecast -- so the stock has vaulted above prior resistance at the $44 level, which could now act as support.

Turning to a monthly chart for JoS. A. Bank, the stock is facing a crucial point -- as it is nearing its 2004 high in the $48 region. If the stock can topple this region, we could see it challenge the all-time highs set in September 2008. Considering the fact that the company's sales grew 10% in the latest quarter, I feel that a new all-time high may be a short jump away.

Continue reading Will JoS. A. Bank benefit from Men's Wearhouse's earnings results?

Will JoS. A. Bank benefit from Men's Wearhouse's earnings results? originally appeared on BloggingStocks on Thu, 10 Sep 2009 14:20:00 EST. Please see our terms for use of feeds.

Men's Wearhouse (NYSE: MW) issued second-quarter results after the bell on Wednesday. In terms of bottom-line performance, the retailer passed with flying colors. Earnings per share increased to 75 cents per share from the adjusted 72 cents per share observed a year ago. Granted, that's only a three-penny difference, but when it comes to expectations, well, they were blown out the door. According to Reuters, Wall Street was only preparing for 60 cents per share.

Unfortunately, the top-line picture wasn't so pretty. Total sales fell 3.5%, and same-store sales for all of the company's brands declined. The flagship Men's Wearhouse concept saw a comps dip of 2%.

Continue reading Men's Wearhouse demolishes expectations in Q2 -- time to take profits?

Men's Wearhouse demolishes expectations in Q2 -- time to take profits? originally appeared on BloggingStocks on Thu, 10 Sep 2009 08:30:00 EST. Please see our terms for use of feeds.

Investors and analysts may be wondering whether the market rally is really over, and whether this signals more trouble ahead for the economy. Well, the Federal Reserve is scheduled to release its next Beige Book report of economic conditions on Wednesday, offering a glimpse of where things stand. The Beige Book report in July suggested that, in some of the 12 Fed districts, the economy appeared to be stabilizing, suggesting that the recession may have reached its bottom, but offering little sign of a recovery. Retail activity remained weak and employment numbers were not good. Yet the minutes of the FOMC August meeting seemed a bit more optimistic about the economy.

In addition to the Beige Book report, the TIPP Economic Optimism Index is scheduled to be released Tuesday, and the University of Michigan Consumer Sentiment Index comes out Friday. So by the end of the week, we could have a good gauge of the mood about the U.S. economy.

Continue reading The week in preview: It's Beige Book time again

The week in preview: It's Beige Book time again originally appeared on BloggingStocks on Sun, 06 Sep 2009 12:30:00 EST. Please see our terms for use of feeds.

Here are some highlights from this past week's earnings coverage from BloggingStocks:

• Barnes Group Inc. (NYSE: B) withdrew its 2009 earnings guidance due to uncertainty in transportation.
• Brown-Forman Corp. (NYSE: BF.B) Q4 profit beat estimates and it offered guidance for next year.
• Del Monte Foods Co. (NYSE: DLM) posted strong Q4 results on price increases and a better tax situation.
• FuelCell Energy Inc. (NASDAQ: FCEL) posted lower Q2 sales but announced a big order from South Korea.
• Men's Wearhouse Inc. (NYSE: MW) lower Q1 profit topped estimates but the outlook was in line.
• National Semiconductor Corp. (NYSE: NSM) Q4 net loss and fiscal-year profit both beat estimates.

Continue reading Earnings highlights: Del Monte, Men's Wearhouse, National Semiconductor, Talbots ...

Earnings highlights: Del Monte, Men's Wearhouse, National Semiconductor, Talbots ... originally appeared on BloggingStocks on Sat, 13 Jun 2009 15:10:00 EST. Please see our terms for use of feeds.

Continue reading Men's Wearhouse reports first-quarter earnings that top expectations

Men's Wearhouse reports first-quarter earnings that top expectations originally appeared on BloggingStocks on Tue, 09 Jun 2009 09:31:00 EST. Please see our terms for use of feeds.

After testifying before a Senate committee about AIG (NYSE: AIG) last week, the Fed's Ben Bernanke participates in a Council of Foreign Relations event Monday evening.

Economic data due to be released this week include wholesale trade and job vacancies for January on Tuesday morning, the U.S. Treasury budget for February on Wednesday, retail sales for February and business inventories for January on Thursday morning, and the U.S. trade balance for January on Friday morning.

Continue reading The week in preview: Bernanke, earnings winners, and Raymond James conference

The week in preview: Bernanke, earnings winners, and Raymond James conference originally appeared on BloggingStocks on Sun, 08 Mar 2009 12:30:00 EST. Please see our terms for use of feeds.

Last week, JA Solar Holdings Co. Ltd. (NASDAQ: JASO) posted a quarterly loss and lowered its guidance. But as interest in alternative energy continues to grow, analysts polled by Thomson Financial are still looking for good things from solar energy concerns scheduled to report earnings this week.

Strong growth at Trina Solar Ltd. (NYSE: TSL) in the third quarter prompted it to lift its guidance back in October. Analysts expect the Chinese company to post profits that are 76.3% higher than a year ago, or $1.18 per share on revenues of $268.4 million (+225.0%). Though Trina Solar missed estimates in the second quarter, analysts on average recommend buying TSL. Shares are down 81.4% from a year ago and trading near an all-time low.

Earnings of rival LDK Solar Co. Ltd. (NYSE: LDK) are expect to have risen 47.9% to $0.71 per share on revenues of $486.7 million (+206.6%). Also based in China, LDK has not missed estimates in recent quarters; in fact, it blew past expectations in the second quarter. Yet the consensus recommendation is to hold LDK. Like Trina Solar, LDK's shares are trading near an all-time low; the share price has fallen 50.0% in the past year.

Analysts anticipate third-quarter earnings for Canadian Solar Inc. (NASDAQ: CSIQ) to be a whopping 96.3% higher than a year ago, or $0.54 per share on revenues of $248.0 million (+154.5%). The company easily topped estimates in the previous quarter. ReneSola Ltd. (NYSE: SOL) and Suntech Power Holdings Co. Ltd. (NYSE: STP) are also expected to report earnings growth of 29.7% ($0.37 per share) and 23.8% ($0.42 per share), respectively. All three of these stocks reached 52-week lows last week, and all are considered buys.

Continue reading The week in preview: High hopes for solar, not so much for home improvement

The week in preview: High hopes for solar, not so much for home improvement originally appeared on BloggingStocks on Sun, 16 Nov 2008 12:30:00 EST. Please see our terms for use of feeds.

In his Validea newsletter, John reese explains, "Benjamin Graham -- considered the greatest investment guru by Warren Buffett -- built his reputation by using an extremely conservative, low-risk approach to investing." Buffett, incidentally, was Ben Graham's student.

Reese continues, "To Graham, preserving one's original capital was every bit as important as netting big gains. Having lived through the 1929 market crash, it's no surprise that the strategy Graham laid out in his classic book The Intelligent Investor was a conservative, loss-averse approach.

"To Graham, an investment wasn't something that could be turned into quick, easy profits; anything that offers such 'easy' rewards also comes with substantial risk, and Graham abhorred risk. In terms of specifics, Graham's approach limited risk in a number of ways, and my Graham-based model lays out several of those methods.

Continue reading Top 10 Benjamin Graham value plays: Men's Wearhouse, Carlisle, Movado and Scholastic make the grade

Top 10 Benjamin Graham value plays: Men's Wearhouse, Carlisle, Movado and Scholastic make the grade originally appeared on BloggingStocks on Fri, 24 Oct 2008 12:50:00 EST. Please see our terms for use of feeds.

Results for the tech stocks in last week's preview were a mixed bag, some beats, some misses, some in line. By and large, expectations for tech companies reporting results this week remain high, though. Here's what analysts surveyed by Thomson Financial are anticipating in the way of earnings, as compared to the same period of the previous year.

• Solarfun Power Holdings Co. Ltd. (NASDAQ: SOLF): $1.48 EPS (+73.0%) on sales of $1.3 billion (+171.0%)
• Marvell Technology Group Ltd. (NASDAQ: MRVL): $0.21 EPS (+71.4%) on sales of $836.7 million (+27.4%)
• Solera Holdings Inc. (NYSE: SLH): $0.29 EPS (+51.7%) on sales of $137.0 million (+11.8%)
• Applied Signal Technology Inc. (NASDAQ: APSG): $0.14 EPS (+42.9%) on sales of $46.4 million (+17.4%)
• China Finance Online Co. Ltd. (NASDAQ: JRJC): $0.14 EPS (+42.6%) on sales of $13.3 million (+131.5%)
• OSI Systems Inc. (NASDAQ: OSIS): $0.38 EPS (+36.8%) on sales of $162.0 million (+6.0%)
• LaBarge Inc. (AMEX: LB): $0.27 EPS (+33.3%) on sales of $71.6 million (+10.4%)
• Esterline Technologies Corp. (NYSE: ESL): $0.69 EPS (+11.6%) on sales of $374.6 million (+14.8%)
• Dell Inc. (NASDAQ: DELL): $0.36 EPS (+11.1%) on sales of $15.9 billion (+7.8%)
• HEICO Corp. (NYSE: HEI): $0.46 EPS (+13.0%) on sales of $147.1 million (+10.5%)
• Daktronics Inc. (NASDAQ: DAKT): $0.17 EPS (flat) on sales of $141.5 million (+17.0%)
• Novell Inc. (NASDAQ: NOVL): $0.05 EPS (flat) on sales of $241.4 million (-0.7%)
• Omnivision Technologies Inc. (NASDAQ: OVTI): $0.29 EPS (-17.1%) on sales of $172.5 million (-0.4%)
• Sigma Designs Inc. (NASDAQ: SIGM): $0.39 EPS (-18.8%) on sales of $58.7 million (+37.9%)

Continue reading The week in preview: Earnings expectations for techs, Canadian banks

The week in preview: Earnings expectations for techs, Canadian banks originally appeared on BloggingStocks on Sun, 24 Aug 2008 12:30:00 EST. Please see our terms for use of feeds.

While the earnings season is beginning to wind down for the current quarter, there are still plenty of results to come. Here's a peek at what analysts surveyed by Thomson Financial are expecting from companies scheduled to report results in the final week of May 2008.

These companies are expected to post earnings growth, compared to the same period in the previous year:

• Omnivison Technologies (NASDAQ: OVTI) up 81.3% to 32 cents per share, on $178.20 million in revenue
• Lions Gate Entertainment (NYSE: LGF) up 48.6% to 37 cents per share, on $410.93 million in revenue
• Big Lots Inc. (NYSE: BIG) up 27.7% to 36 cents per share, on $1.14 billion in revenue
• Costco Wholesale Corp. (NASDAQ: COST) up 13.8% to 65 cents per share, on $16.32 billion in revenue
• Tiffany & Co. (NYSE: TIF) up 10.0% to 40 cents per share, on $648.87 million in revenue
• HJ Heinz Co. (NYSE: HNZ) up 9.8% to 61 cents per share, on $2.67 billion in revenue
• Dollar Tree Inc. (NASDAQ: DLTR) up 9.5% to 42 cents per share, on $1.05 billion in revenue

These companies are expected to report earnings declines:

• Sears Holdings Corp. (NASDAQ: SHLD) down 86.4% to 15 cents per share, on $11.41 billion in revenue
• Men's Wearhouse Inc. (NYSE: MW) down 70.6% to 22 cents per share, on $476.98 million in revenue
• Polo Ralph Lauren Corp. (NYSE: RL) down 4.4% to 65 cents per share, on $1.15 billion in revenue
• Dell Inc. (NASDAQ: DELL) down 2.9% to 33 cents per share, on $15.66 billion in revenue

TiVo Inc. (NASDAQ: TIVO) is expected to swing to a loss of a penny per share, compared to a penny profit a year ago, and report $55.62 million in revenue. And analysts expect Borders Group Inc. (NYSE: BGP) to narrow its loss 7.8% to 47 cents per share, on $801.11 million in revenue.

Visit AOL Money & Finance for more earnings coverage.

Earnings expectations: Dell, Sears, Borders, Costco, Tiffany, Omnivision and others originally appeared on BloggingStocks on Sat, 24 May 2008 16:40:00 EST. Please see our terms for use of feeds.

• JPMorgan 35th Annual Technology Conference.
• Lowe's Companies Inc (NYSE: LOW) to report Q1 earnings; conference call at 9am. Lowe's is expected to post sub-par revenue results and an EPS decline, given the continued sluggishness in U.S. housing sector.
• PDUFA date for Shire plc's (NASDAQ: SHPGY) SPD-465 for ADHD in adults.

• Staples Inc (NASDAQ: SPLS) to report Q2 earnings; conference call at 8am.
• Men's Wearhouse Inc (NYSE: MW) to hold conference to at 5pm discuss Q1 earnings, detail its acquisition of After Hours and discuss the impact on 2007 guidance.

• Target Corporation (NYSE: TGT) to report Q1 earnings; conference call at 9:30am.
• Abercrombie & Fitch Co (NYSE: ANF) to report Q1 earnings; conference call at 4:30pm.

• McDonald's Corporation (NYSE: MCD) to hold shareholder meeting at 10am.
• Gap Inc (NYSE: GPS) to report Q1 earnings; conference call at 5pm.

• Lowe's to hold annual shareholder meeting at 10am. Note that Lowe's reports on Monday 5/21.
• Agilysys Inc (NASDAQ: AGYS) to report Q4 earnings; conference call at 11am.

Market highlights for next week: Lowe's to report on Monday originally appeared on BloggingStocks on Fri, 18 May 2007 15:20:00 EST. Please see our terms for use of feeds.