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Benzinga’s Top Pre- Market Losers (MW, NCS, CKR, MDAS, MOV)

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The Men's Wearhouse, Inc. (NYSE: MW) decreased $3.54 or 16.21% to $18.20 after Men's Wearhouse reported Q3 net income rose to $19.7 million, or 37 cents a share, from $14.6 million, or 28 cents a share, in the a year ago period. Revenue increased to $462 million from $459.7 million in the same period a year ago. Analysts surveyed by FactSet Research had forecast a profit of 34 cents a share on revenue of $456.1 million. Men's Wearhouse expects losses of 15 cents to 19 cents a share in the fourth quarter.

NCI Building Systems, Inc. (NYSE: NCS) fell 10.89% to $1.80 after NCI reported a net loss of $115.3 million or $3.59 per share, compared to a profit of $24.6 million or $1.26 per share in last year quarter. Sales for the period fell 52% to $244.4 million from $508.9 million in a year ago period.

CKE Restaurants, Inc. (NYSE: CKR) is down 3.58% to $8.34 in the pre-market session after CKE ‘s third-quarter net income rose slightly to $6.2 million, or $0.11 a share, from $5.4 million, or $0.10 a share and revenue fell 3.7% to $324.2 million. In the last three months, CKR is down over 14%.

MedAssets, Inc. (NASDAQ: MDAS) fell 5.27% to $18.88 after MDAS said that it expects to report earnings of 45 cents to 55 cents a share on revenue of $390 million to $400 million. So far this year, MDAS is up over 36%.

Movado Group, Inc (NYSE: MOV) has plunged 15.30% to $9.19 after Movado reported a third-quarter loss of $20.9 million, or 85 cents a share, compared to a profit of $15.7 million, or 62 cents, a year earlier. Sales fell to $129 million from $135.8 million. Movado Group also lowered its fiscal 2010 forecast to a loss ranging from $1.40 to $1.50 a share, including $1.05 a share in charges.

 

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