Men’s Wearhouse CEO Blames Superstitious Brides For Poor Sales

The Men's Wearhouse, Inc. (NYSE:MW) may be the first company to successfully convince investors that poor performance just comes down to bad luck. CEO Doug Ewert told investors at a conference call that ‘numerical anomalies’ have a tangible impact on the number of people who get married, and that women avoiding marriage for an entire year (yes, he laid the blame on the brides) had put pressure on revenues, reports Steven Russolillo for The Wall Street Journal.

Men's Wearhouse negative result

“We are aware of widespread negative results, impacting the wedding industry this year. We believe this is mostly a timing shift. Historically, we’ve...