real-time news and commentary for investors
Thursday, Sep 5
Heard during Jos. A Banks Clothiers' earnings call
- Jos. A Bank Clothiers (JOSB +6.7%) notes its product mix hasn't been spot-on as the suit business stays in a cyclical pattern. The company believes it can improve its assortment strategy.
- Q3 is off to a good start with total sales, comparable store sales, and direct sale all showing a Y/Y increase for the first four weeks of the quarter.
- Execs say the company will continue to pursue the right strategic acquisition.