Cool weather and lower selling prices stung JoS. A. Bank Clothiers Inc. in its fiscal first-quarter, with net income dropping 45 percent. But the performance matched Wall Street’s view. President and CEO R. Neal Black said in a statement on Wednesday that the chain dealt with increased inventory sourcing costs and lower selling prices in […]
JoS. A. Bank Clothiers Inc. said Monday that its fiscal first-quarter earnings will likely come in below Wall Street’s view as sales were hurt in part by lower prices. The men’s clothing company anticipates quarterly earnings between about 27 cents and 30 cents per share. Analysts polled by FactSet predict earnings of 46 cents per […]
A surge in direct marketing sales led a 12.7 percent jump in net income for Hampstead-based Jos. A. Bank Clothiers Inc., which earned $23.2 million in the second quarter.
Jos. A. Bank Clothiers Inc.’s fiscal third-quarter net income climbed 19 percent on a 21 percent rise in revenue, the company said Wednesday. The performance topped Wall Street’s expectations but the Hampstead-based men’s clothier cautioned that the fourth quarter has started slower than expected, with revenue at stores open at least a year down in […]
The Maryland Chamber of Commerce inducted three business executives from around the state into its Maryland Business Hall of Fame on Wednesday during the group’s annual membership meeting. Joining the elite group of business leaders were R. Neal Black, president and CEO of Jos. A. Bank Clothiers Inc.; Thomas S. Bozzuto, chairman and CEO of […]
Jos. A. Bank Clothiers Inc. said Wednesday that its fiscal third-quarter profit climbed 8 percent, helped by solid sales in the last two months of the period. But the results fell short of Wall Street’s expectations and its stock dropped. President and CEO R. Neal Black said in a statement that August sales were hampered […]