Annual Report Example
2011 Annual Report
MEN’S WEARHOUSE IS STYLE
INSPIRED BY MODERN LIFE—
And business built on a guarantee.
1
LETTER TO OUR ST
AKEHOLDERS
Every single success outlined in this letter stems from the energy, effort and commitment of
Men’s Wearhouse employees. Together, we have fashioned market-leading businesses serving the
United States, Canada and the United Kingdom.
Company-wide, total sales for 2011 were $2.4 billion, an increase of 13 percent over 2010, and net earnings increased 78 percent over last year, marking the largest growth rate in the company’s history.
DOUG EWERT
Filled with significant events and r ecord-breaking results, 2011 was one of the single-most successful y ears in our company’s nearly f our-decade history.
CONTINUING TO BUILD BRAND STRENGTH
MEN’S WEARHOUSE/MEN’S WEARHOUSE & TUX
Men’s Wearhouse’s sales grew to $1.5 billion, a 9 percent increase over the previous year.
Average store volumes neared an all-time high. Omni channel promotional campaigns successfully drove customers to our stores, and in-store, online and e-mail elements compounded our messaging’s impact.
Enabling store personnel visibility and direct procurement of central inventory levels enhance convenience for customers and improvement of our in-stock rates store-by-store. K&G FASHION SUPERSTORE
Value-oriented K&G Fashion Superstore achieved $375 million in annual sales for fiscal 2011, representing a 4 percent year-on-year increase.
2
MOORES CLOTHING FOR MEN
UNPRECEDENTED
2011 saw the breaking and making of sales and performance records across our retail brands.
RECORD SALES:
$2.4 billion
RECORD NET EARNINGS GROWTH:
78% increase Year-on-Year
RECORD SUITS SOLD:
3,000,000
RECORD TUXEDOS RENTED:
3,000,000
RECORD BIG & TALL SALES:
$350 million
RECORD CANADIAN SALES:
$268 million By Moores
RECORD MW CLEANERS SALES:
$25 million
One of Canada’s leading men’s specialty retailers
MEN’S WEARHOUSE IS STYLE
INSPIRED BY MODERN LIFE—
And business built on a guarantee.
1
LETTER TO OUR ST
AKEHOLDERS
Every single success outlined in this letter stems from the energy, effort and commitment of
Men’s Wearhouse employees. Together, we have fashioned market-leading businesses serving the
United States, Canada and the United Kingdom.
Company-wide, total sales for 2011 were $2.4 billion, an increase of 13 percent over 2010, and net earnings increased 78 percent over last year, marking the largest growth rate in the company’s history.
DOUG EWERT
Filled with significant events and r ecord-breaking results, 2011 was one of the single-most successful y ears in our company’s nearly f our-decade history.
CONTINUING TO BUILD BRAND STRENGTH
MEN’S WEARHOUSE/MEN’S WEARHOUSE & TUX
Men’s Wearhouse’s sales grew to $1.5 billion, a 9 percent increase over the previous year.
Average store volumes neared an all-time high. Omni channel promotional campaigns successfully drove customers to our stores, and in-store, online and e-mail elements compounded our messaging’s impact.
Enabling store personnel visibility and direct procurement of central inventory levels enhance convenience for customers and improvement of our in-stock rates store-by-store. K&G FASHION SUPERSTORE
Value-oriented K&G Fashion Superstore achieved $375 million in annual sales for fiscal 2011, representing a 4 percent year-on-year increase.
2
MOORES CLOTHING FOR MEN
UNPRECEDENTED
2011 saw the breaking and making of sales and performance records across our retail brands.
RECORD SALES:
$2.4 billion
RECORD NET EARNINGS GROWTH:
78% increase Year-on-Year
RECORD SUITS SOLD:
3,000,000
RECORD TUXEDOS RENTED:
3,000,000
RECORD BIG & TALL SALES:
$350 million
RECORD CANADIAN SALES:
$268 million By Moores
RECORD MW CLEANERS SALES:
$25 million
One of Canada’s leading men’s specialty retailers