26
Fashion Jobs
BEST SELLER
Payroll Coordinator Slovenia
Permanent · LJUBLJANA
JACK & JONES
Sales Representative Jack & Jones Slovenia
Permanent · LJUBLJANA
INDITEX
Svetovalec za Prodajo / Blagajnik (m/ž)
Permanent · KOPER
INDITEX
Svetovalec za Prodajo / Blagajnik (m/ž)
Permanent · LJUBLJANA
INDITEX
Svetovalec za Prodajo / Blagajnik (m/ž)
Permanent · CELJE
BEST SELLER
Business Developer
Permanent · LJUBLJANA
BEST SELLER
Finance Business Partner
Permanent · LJUBLJANA
NAME IT
Sales Representative Name IT Slovenia
Permanent · LJUBLJANA
SELECTED FEMME/HOMME
Sales Representative Selected Slovenia
Permanent · LJUBLJANA
VERO MODA
Sales Representative Vero Moda Slovenia
Permanent · LJUBLJANA
JACK & JONES
Sale Assistant (Full Time) Jack & Jones City Park Ljubljana / Slowenien
Permanent · LJUBLJANA
JACK & JONES
Shop Manager (Full Time) Jack & Jones City Park Ljubljana / Slowenien
Permanent · LJUBLJANA
SPORTS DIRECT
Prodajalec - Sports Direct - Ljubljana
Permanent · LJUBLJANA
C&A
Prodajni Svetovalec 808 Koper, 40h
Permanent · KOPER
H&M
Prodajalec (m/ž) - Sales Advisor 40h
Permanent · MURSKA SOBOTA
SPORTS DIRECT
Prodajalec - Sports Direct, Btc
Permanent · LJUBLJANA
H&M
Prodajalec (m/ž) - Sales Advisor
Permanent · LJUBLJANA
JACK & JONES
Sale Assistant (Fulltime) Jack & Jones Celje City Center/Slowenien
Permanent · CELJE
JACK & JONES
Shop Manager (Fulltime) Jack & Jones Celje City Center/ Slowenien
Permanent · CELJE
JACK & JONES
Sale Assistant (Fulltime) Jack & Jones Planet Koper/Slowenien
Permanent · KOPER
JACK & JONES
Store Manager (Fullime) Jack & Jones Planet Koper / Slowenien
Permanent · KOPER
C&A
Prodajni Svetovalec 808 Koper, 40h
Permanent · KOPER
By
Reuters
Published
Sep 10, 2009
Reading time
2 minutes
Download
Download the article
Print
Text size

Men's Wearhouse second quarter tops Street; sees tepid third quarter profit

By
Reuters
Published
Sep 10, 2009

Sept 9 (Reuters) - Men's Wearhouse (MW.N) reported a quarterly profit that beat market estimates, helped by lower expenses, but forecast weak third-quarter earnings, sending the apparel retailer's shares down as much as 6 percent in after-market trade.


www.menswearhouse.com

On a conference call with analysts, Chief Financial Officer Neill Davis said the rate of benefit from cost controls and operating efficiencies will diminish in the third quarter.

Men's Wearhouse sees earnings of 27 cents to 30 cents a share in the third quarter. It expects total sales to be in the range of flat to a decrease of 2 percent.

Analysts on average were expecting the company to earn 32 cents a share on revenue of $454.6 million, according to Reuters Estimates.

The company expects full-year capital expenditure towards the high end of its prior view.

For the second quarter ended Aug. 1, the company earned $39.5 million, or 75 cents per share, compared with $32.8 million, or 63 cents a share, a year ago.

Total net sales fell about 4 percent to $526.2 million.

Analysts were looking for a profit of 60 cents a share, on revenue of $524.5 million.

Selling, general and administrative expenses fell 13 percent to $173.9 million.

The clothing retailer has kept a tight lid on expenses by sourcing goods at attractive prices, reducing payroll and closing its manufacturing facility in Canada last year.

Shares of the Houston-based company, which touched a year high earlier in the day, slipped 6 percent to $26 in trading after the bell. They closed at $27.51 Wednesday 9 September on the New York Stock Exchange.

(Reporting by Viraj Nair in Bangalore; Editing by Deepak Kannan and Pradeep Kurup)

© Thomson Reuters 2024 All rights reserved.