Nordstrom, Inc. (JWN), Macy’s, Inc. (M): What’s In Store for The Men’s Wearhouse, Inc. (MW) Earnings

The big question facing Men’s Wearhouse is whether its move to dismiss Zimmer will make it more popular among millennial shoppers. So far, competitors Jos. A. Bank Clothiers Inc (NASDAQ:JOSB), Nordstrom, Inc. (NYSE:JWN), and Macy’s, Inc. (NYSE:M) are doing a better job of earning favorable opinions from those under age 35 than Men’s Wearhouse is. Those 35 and up still prefer Men’s Wearhouse to its competitors, but they’re also arguably more likely to have related to Zimmer as an appealing asset of the business.

High unemployment levels have also hurt Men’s Wearhouse and its peers. With millions unemployed and many more underemployed in jobs that don’t necessarily require business attire, formal wear retailers don’t have as much demand as they’d ordinarily have during better times.

Still, the company is seeking to make smart strategic moves. Last month, it completed the purchase of the parent company of the Joseph Abboud apparel and accessories line. The move cost Men’s Wearhouse $97.5 million in cash but adds a new dimension to the company.

In the Men’s Wearhouse earnings report, watch to see how new CEO Doug Ewert handles discussion of the retailer’s future. With so much strife in the wake of its founder’s departure, Ewert will have to work hard to make investors confident that Men’s Wearhouse will keep moving in the right direction.

The article What’s In Store for Men’s Wearhouse Earnings originally appeared on Fool.com and is written by Dan Caplinger.

Fool contributor Dan Caplinger has no position in any stocks mentioned. You can follow him on Twitter @DanCaplinger. The Motley Fool has no position in any of the stocks mentioned, either.

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