heterocedastico

Barron's Rags on Jos A. Bank

Comments by management today on inventories:

"Total inventories were approximately $207 million at the end of 2007, which is about $23 million higher than at this
time last year. This represents an increase of 12.7% in total inventory compared with last year, which is relatively
consistent with the 10.5% sales increase in '07. The trend of increase is consistent with our discussions in prior
quarters, whereby we stated that we expected year-over-year total inventories to increase in the single digits or in the
teens in '07. The inventory growth has been to support new stores and to build inventory in certain core categories. In
addition, if you review the past two years, our sales have increased approximately 30% from 2005 to 2007, while our
inventories have grown 17% in the same period."

Jos. A Bank: Another Quarter, Same Great Story

It is unbelievable how a stock with so excelent results can stay this low and have such a high number of shorts. I tell you, at this price not even the poison pill can stop a takeover in this one...