UPDATE 1-Men's Wearhouse expects Q4 results at lower end

Wed Jan 7, 2009 4:41pm EST
 
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SAN FRANCISCO, Jan 7 (Reuters) - Men's Wearhouse Inc (MW.N) said on Wednesday that fiscal fourth quarter earnings were now expected to be at the lower end of a previously announced range, citing lower-than-expected Canadian sales.

In November, the clothing retailer said that quarterly earnings per share would range between breakeven and a loss of 18 cents per share.

To date in the fiscal fourth quarter ending Jan 31, sales and operating income in the United States were in line with original expectations, said Houston-based Men's Wearhouse, adding that sales results from its Canadian operations were weaker.

"The company does not expect any material change in results in the final month of the fiscal quarter from that experienced over the November/December period," said Men's Wearhouse in a statement.

Shares of Men's Wearhouse fell 1 percent in extended trading after closing up 3.1 percent to $13.39 on the New York Stock Exchange. (Reporting by Alexandria Sage; Editing by Tim Dobbyn)

 
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