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February 14, 2016 2:20 AM ET

Specialty Retail

Company Overview of K&G Men's Company Inc.

Company Overview

K&G Men's Company Inc. owns and operates men's, women's, and kids' clothing, footwear, and accessories stores in the United States. It provides career-wear to casual-wear, suits to denim, dresses to hoodies, and heels to sneakers; and professional tailoring for men's and women's clothing. The company was founded in 1989 and is based in Houston, Texas. K&G Men's Company, Inc. operates as a subsidiary of The Men's Wearhouse, Inc.

6380 Rogerdale Road

Houston, TX 77072

United States

Founded in 1989

252 Employees

Phone:

866-549-8254

Fax:

404-351-8038

Key Executives for K&G Men's Company Inc.

Chief Operating Officer
Age: 48
Chairman of The Mens Wearhouse Inc, Chief Executive Officer of The Mens Wearhouse Inc and Director of The Mens Wearhouse Inc
Age: 66
President of The Mens Wearhouse Inc and Chief Operating Officer of The Mens Wearhouse Inc
Age: 51
President of K&G Fashion Superstore
Age: 48
Senior Vice President and General Merchandising Manager
Age: 73
Compensation as of Fiscal Year 2015.

K&G Men's Company Inc. Key Developments

K&G Provides Comparable Sales Results for the Third Quarter and Year to Date of 2015

K&G provided comparable sales results for the third quarter and year to date of 2015. The company's comparable sales for the quarter increased 3.7% driven by higher transactions per store. For the year to date, the company reported comparable sales of 6.0% compared to 2.7% a year ago.

K&G Announces Unaudited Sales Results for the Fourth Quarter and Full Year Ended January 31, 2015

K&G announced unaudited sales results for the fourth quarter and full year ended January 31, 2015. For the quarter, the company reported sales of $82.6 million, increased $1.3 million compared to for the same period a year ago. For the full year, the company reported sales of $334.0 million, decreased $2.2 million compared to for the same period a year ago.

K&G Men's Strategic Review Ends

K&G Men's Company Inc.'s strategic review has concluded. Doug Ewert, Chief Executive Officer of The Men's Wearhouse, Inc. (NYSE:MW) said, "We have completed our strategic review of K&G. As part of the review, we considered offers to acquire the business, none of which were acceptable. We concluded that continuing to operate K&G as a part of the Company's overall portfolio will provide the most value to our shareholders. We would like to thank K&G's management and employees for continuing to work diligently, which has led to the strong results that have been posted this year."

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