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Hampstead-based JOSB registers 16% growth in Q2

07-09-12
JoS. A. Bank Clothiers Inc announces that earnings for the second quarter of fiscal 2007 increased 16% to $0.44 per share, as compared to $0.38 per share for the second quarter of fiscal 2006.

Net income in the second quarter of fiscal 2007 was $8.2 million, as compared to $7.0 million in the second quarter of fiscal 2006. The second quarter of fiscal 2007 ended August 4, 2007; the second quarter of fiscal 2006 ended July 29, 2006.

Comparing the six fiscal months ended August 4, 2007 with the six fiscal months ended July 29, 2006, earnings increased 29% to $0.90 per share, as compared to $0.70 per share and net income increased to $16.6 million, as compared to $12.8 million.

A conference call to discuss fiscal 2007 second quarter earnings will be held on 12th September at 11:00 a.m. Eastern Time (ET). A replay of the conference call will be available after 2:30 p.m. ET on September 12, 2007 until September 19, 2007 at 11:59 p.m. ET. In addition, a webcast replay of the conference call will be posted on the investor relations section of company's website.

JoS. A. Bank Clothiers Inc
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