Top Consumer Stocks:
Consumer shares are mixed in pre-bell trading.
Among the major movers in consumers this morning, shares of The
Men's Wearhouse, Inc. (
) are now down about 1% at $45.65 in pre-market trade, coming back
from steep earlier losses, amid indications shareholders will push
the company to complete a merger with clothing company Jos. A. Bank
Clothiers, Inc. (
The stock earlier fell as much as 11% to a pre-bell low of $41
after Jos. A terminated its $48 per share all-cash proposal to
purchase the specialty retailer of men's suits. JOSB is flat at
And, American Apparel (
) has plummeted about 8% at $1.05 this morning after it reported a
Q3 loss per share of $0.13, ex non-recurring items, a wider loss
than the $0.06 per share average estimate by two analysts on
Revenues of $164.54 million missed the average estimate of
$168.81 million. Comparable sales for the quarter was up 2%.
This compares to a loss per share of $0.05 on revenues of
$162.16 million in the same quarter a year ago.
Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.