By
Reuters
Published
Sep 2, 2009
Download
Download the article
Print
Text size

Jos A Bank second quarter results top Street

By
Reuters
Published
Sep 2, 2009

Sept 2 (Reuters) - Men's clothing and accessories retailer Jos. A Bank Clothiers Inc (JOSB.O) posted a better-than-expected quarterly profit as same store sales rose 6.2 percent.


Jos. A Bank Clothiers Inc - Photo: www.josbank.com

The retailer earned $12.5 million, or 68 cents a share, compared with $8.9 million, or 48 cents a share, a year ago.

Sales rose 10 percent to $167.7 million.

Analysts on average were expecting earnings of 54 cents a share, on revenue of $165.5 million, according to Reuters Estimates.

Shares of the Hampstead, Maryland-based company were up 3 percent at $44.00 in pre-market trade Wednesday 2 September. They closed at $42.71 Tuesday 1 September on Nasdaq. (Reporting by Vidya Lakshmi in Bangalore; Editing by Ratul Ray Chaudhuri)

© Thomson Reuters 2024 All rights reserved.