Jos. A. Bank profit up, but shares plunge

Jos. A. Bank Clothiers Inc., the Hampstead-based men’s clothing retailer, said Wednesday that its first-quarter profit rose 13 percent as revenues improved. But the results fell short of Wall Street analysts’ expectations — by a penny, and its shares plunged more than 13 percent in Nasdaq trading. Wall Street also was worried that sales at Jos. A. ...

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