Men's Wearhouse Inc. (MW) reported third quarter adjusted EPS of $0.79 after the bell Tuesday, up from $0.57 in the previous year. The consensus estimate was for EPS of $0.65. The company expects to report a fourth quarter adjusted EPS loss of $0.15 to $0.12 and a full year profit of $2.28 to $2.31. The consensus estimates are for a loss of $0.11 and a profit of $2.19.
Men's Wearhouse gapped open sharply higher Wednesday and climbed for the majority of the session. Shares finished up by 5.32 at $32.51 on the highest volume of the year. The stock broke out to a 4-month high and re-crossed both its 50 and 200-day moving averages.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.