Men's Wearhouse management happy with Q4 performance
02 Mar '06
1 min read
Apparel retailer Men's Wearhouse announced its consolidated financial results for the fourth quarter and year ended January 28, 2006.
George Zimmer, founder, Chairman and Chief Executive Officer, stated, "Fiscal 2005 was a tremendous year for all of their stakeholders.
In May 2005, they announced a three for two stock split, their fourth stock split since going public in 1992.
In January 2006, the Board of Directors declared the company's first quarterly cash dividend of $0.05 per share as well as a $100 million stock buyback program.
Founded in 1973, Men's Wearhouse is one of North America's largest specialty retailers of men's apparel with 719 stores.
The stores carry a full selection of designer, brand name and private label suits, sport coats, furnishings and accessories, including tuxedo rentals available in the Men's Wearhouse and Moores stores.
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