Men's Wearhouse Q3 Profit Down - Quick Facts

(RTTNews) - The Men's Wearhouse, Inc. (MW) Wednesday reported third-quarter profit of $38.2 million or $0.79 per share, down from $48.8 million or $0.95 per share in the same period last year.

Adjusted net earnings for the quarter were $43.1 million or $0.90 per share. On average, six analysts polled by Thomson Reuters expected the company to earn $0.86 per share for the quarter. Analysts' estimates typically exclude special items.

Sales improved 2.8 percent to $648.9 million from $631.0 million last year. Analysts expected revenues of $627.14 million.

Looking ahead to the fiscal 2013, the company continues to project adjusted earnings in the range of $2.40 to $2.50 per share. Analysts currently expect full-year earnings of $2.46 per share.