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Rating: MW

Men's Wearhouse, Inc. (NYSE: MW) rated to Hold by Johnson Rice

Thursday,  Dec 10, 2015  10:25 AM ET by Lynn Gilbert

Johnson Rice rated Men's Wearhouse, Inc. (NYSE: MW) to Hold. Previously, Johnson Rice rated Men's Wearhouse, Inc.
(NYSE: MW) to Equal Weight on 02/18/2014, when the stock price was valued at $44.00. Since then, Men's Wearhouse, Inc. 's stock price has lost 68% as of 12/10/2015's recent price of $13.96.

The Men?s Wearhouse, Inc. (The Men?s Wearhouse) is a specialty retailer of men?s suits, and provider of tuxedo rental product in the United States and Canada. As of January 31, 2009, the Company operated 805 retail apparel stores, with 688 stores in the United States and 117 stores in Canada, and 489 tuxedo rental stores in the United States. Its Untied States retail apparel stores are operated under the brand names of Men?s Wearhouse (580 stores) and K&G (108 stores) in 46 states and the District of Columbia. Its Canadian stores are operated under the brand name of Moores Clothing for Men in 10 provinces. The Company?s tuxedo rental stores offer a selection of tuxedo rental product, as well as a limited selection of retail merchandise, and operate under the brand name of Men?s Wearhouse and Tux in 39 states. It also operates a corporate apparel and uniform program and, in the Houston, Texas area, 33 retail dry cleaning and laundry facilities.

Johnson Rice & Company L.L.C. was founded in 1987 as an institutional research and sales firm. Our investment banking department was added in 1991 and has been involved in over $14 billion in capital transactions. Located in New Orleans, LA, Johnson Rice focuses on a limited number of industries in order to provide superior, value-added services to our institutional and corporate clients. The firm is nationally recognized for its expansive coverage of the energy industry, and also has a strong consumer focus with coverage of specialty retailer companies. Johnson Rice has 8 senior analysts and 4 associate analysts covering the following industries: Energy * Exploration and Production * Oilfield Services * Integrateds/Refiners * Coal * MLPs Consumer * Specialty Retailers

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