Monday, May 13, 8:30 AM
Shares of Jos. A Bank Clothiers (JOSB) are on watch for volatility after the retailer warned that it expects Q1 EPS of $0.27 to $0.30 vs. $0.46 consensus. The company took a margin hit because of high inventory sourcing costs and the lower average selling prices it realized.
1 Comment[Consumer]
Thursday, March 14, 8:26 AM
A big rally in shares of The Men's Warehouse (MW), up 13.8% premarket, could set up peers for a bump after the company says it will explore strategic alternatives for its K&G operations. On watch: JOSB, DXLG, EXPR.
Comment![Consumer, On the Move]
Monday, January 28, 9:11 AM
A profit warning from Jos. A Bank (JOSB) spills over to taint other men's clothing sellers. Shares of The Men's Wearhouse (MW) are down 3.5% premarket and Casual Male (DXLG) is off 1.2%. JOSB has now lopped off 17.5% premarket after the retailer's admission that customers aren't responding to recent promotions begs the question: What's left?
3 Comments[Consumer, On the Move]
Monday, January 28, 7:20 AM
Jos. A Bank (JOSB) -4.9% premarket after the clothier - known recently for its "Buy 1, Get 2 Free" ad campaign - disclosed late Friday it expects its Q4 report will be an especially weak one.
1 Comment[Earnings, Consumer, On the Move]
Friday, January 25, 8:35 PM
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."
8 Comments[Earnings, Consumer]
Wednesday, November 28, 2012, 6:03 AMJos. A. Bank Clothiers (JOSB): Q3 EPS of $0.47 misses by $0.09. Revenue of $232.8M (+11% Y/Y) beats by $1M. (PR)
Comment![Earnings]
Friday, October 26, 2012, 9:28 AM
Margin pain: Stone Street Advisors director Jordan Terry calls Jos. A. Bank Clothiers (JOSB) a "disaster waiting to happen" as he peruses the retailer's website to see 70% off sales and promotional activity galore.
2 Comments[Consumer]
Friday, September 7, 2012, 6:59 AM
Strong demand for sleek men's suits is boosting results for clothing retailers Men's Wearhouse (MW) and Jos. A. Bank Clothiers (JOSB). After both firms had a smashing Q2, analysts see the momentum continuing with plans for store and outlet growth starting to ramp up.
Comment![Consumer]
Wednesday, August 29, 2012, 8:59 AM
More on Jos. A. Bank Clothiers' (JOSB) Q2: Comp-store sales rose 6.1%. The direct marketing segment, which consists of the Internet and catalog call centers, rose 39.3%. Says Q3 started out positively. Plans to open 45-50 stores each in fiscal 2012 and 2013. JOSB +13.5% premarket.
1 Comment[Consumer, On the Move]
Wednesday, August 29, 2012, 6:09 AMJos. A. Bank Clothiers (JOSB): Q2 EPS of $0.83 beats by $0.10. Revenue of $260.3M (+12.9% Y/Y) beats by $9M. (PR)
Comment![Earnings]
Wednesday, May 30, 2012, 6:20 AMJos. A. Bank Clothiers (JOSB): Q1 EPS of $0.53 misses by $0.09. Revenue of $201.4M (+4.2% Y/Y) misses by $7M. (PR)
Comment![Earnings]
Wednesday, March 28, 2012, 10:10 AM
Shares of Jos. A Bank Clothiers (JOSB) move down 6.5% after the firm misses the consensus EPS estimate of analysts by a penny. Hedgeye turns it focus on the report and calls the move in the sales vs. inventory number the "worst" it's seen in the sector for the quarter.
1 Comment[On the Move]