-
Men's Wearhouse posts a handsome first quarter
The Men's Wearhouse reported a dapper first quarter on the same day the company inked a 10-year deal with Macy's to sell tuxedoes.
The retailer posted net income for the first quarter ended May 2 of $10.4 million or $0.21 per share, compared to $16.5 million or $0.34 per share for the year-ago quarter. Net sales for the first quarter rose 40.4% to $885.09 million from $630.47 million in the same quarter last year.

