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Men's Warehouse reports diluted EPS up $0.43 in Q2
18 Aug '05
3 min read
The Company is not expecting additional losses on the Eddie Rodriguez stores, therefore, the loss for fiscal 2005 is expected to be $0.11 diluted earnings per share. The loss for fiscal year 2004 was $0.05 diluted earnings per share.
For the third quarter, the Company expects diluted earnings per share results to be in a range of $0.33 to $0.35 based on high single digit same store sales increase in the U.S. and mid single digit increase in Canada.
For fiscal year 2005, the Company expects adjusted diluted earnings per share, excluding the Eddie Rodriguez results, to be in a range of $1.77 to $1.82 based on mid single digit same store sales increase in the U.S. and Canada for the second half of the fiscal year. Including the Eddie Rodriguez net operating losses, the fiscal year 2005 adjusted diluted earnings per share are expected to be in a range of $1.66 to $1.71.
Founded in 1973, Men's Wearhouse is the largest specialty retailers of men's apparel with 713 stores. The stores carry a full selection of designer, brand name and private label suits, sport coats, furnishings and accessories, including tuxedo rentals available in the Men's Wearhouse and Moores stores.
For the third quarter, the Company expects diluted earnings per share results to be in a range of $0.33 to $0.35 based on high single digit same store sales increase in the U.S. and mid single digit increase in Canada.
For fiscal year 2005, the Company expects adjusted diluted earnings per share, excluding the Eddie Rodriguez results, to be in a range of $1.77 to $1.82 based on mid single digit same store sales increase in the U.S. and Canada for the second half of the fiscal year. Including the Eddie Rodriguez net operating losses, the fiscal year 2005 adjusted diluted earnings per share are expected to be in a range of $1.66 to $1.71.
Founded in 1973, Men's Wearhouse is the largest specialty retailers of men's apparel with 713 stores. The stores carry a full selection of designer, brand name and private label suits, sport coats, furnishings and accessories, including tuxedo rentals available in the Men's Wearhouse and Moores stores.
Men's Wearhouse
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