Ricky Sandler's hedge fund firm Eminence Capital has filed a 13D with the SEC regarding its position in Men's Wearhouse (MW). Per the filing, Eminence now owns 6.6% of the company with over 3.2 million shares.
This is a decrease from the end of the first quarter when they owned over 4.2 million MW shares. The filing notes they sold the bulk of shares on June 5th at $57.97.
Eminence also recently disclosed a Yelp position.
Per Google Finance, Men's Wearhouse is "a specialty retailer of men's suits and a provider of tuxedo rental product in the United States and Canada. It operates in two segments: retail, which offers its products and services through its four retail merchandising brands and Internet Websites. The Company's corporate apparel segment provides corporate clothing uniforms and work wear to workforces."
Wednesday, June 10, 2015
Eminence Capital Reduces Men's Wearhouse Stake
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