Jos. A. Bank Clothiers (JOSB) leaks that "net income for fiscal year 2012 is expected to be...

|About: Jos. A. Bank Clothiers, Inc. (JOSB)|By:, SA News Editor

Jos. A. Bank Clothiers (JOSB) leaks that "net income for fiscal year 2012 is expected to be approximately 20% lower than net income for fiscal year 2011," just a week before the end of the FY. CEO R. Neal Black says Q4 went slowly, impacted by Hurricane Sandy, unseasonable warmth and "distractions" from the presidential election and fiscal-cliff talks. Despite disappointing Y/Y results, the quarter and year will be "very profitable."