Jos. A. Bank Clothiers Inc. CEO R. Neal Black wanted to talk about the company’s growth this week...
(GLOBE NEWSWIRE) -- JoS. A. Bank Clothiers, Inc. announces today record results for its fiscal year ended January 28, 2012 ("fiscal year 2011"). Net income for fiscal year 2011 increased 13.6% to a record $97.5 million, as compared with net income of $85.8 million for the fiscal year ended January 29, 2011 ("fiscal year 2010"). Earnings per share for fiscal year 2011 increased 13.3% to $3.49 as compared with earnings per share of $3.08 for fiscal year 2010. Net sales reached a record of $979.9 million in fiscal year 2011, representing a 14.2% gain as compared with net sales
Hampstead, Md. -- JoS. A. Bank Clothiers said that net income for the third quarter of fiscal year 2011, ended Oct. 29, 2011, increased 19.3% to $15.0 million verses $12.6 million in the year-ago period. However, the chain warned that its forth quarter has started out more slowly than expected, and that it has adjusted its December merchandising and marketing plans for the stores. Total sales increased 21.0% to $209.6 million, from $173.3 million. Same-store sales rose 14.6% and direct marketing sales increased 28.6%. “With this quarter's results, we have achieved earnings growth in 40 of the past 41
JoS. A. Bank reported that net income for the second quarter surged 24.7 percent to $20.6 million, compared with $16.5 million in the year-ago period. Sales rose 22.4 percent to $230.7 million from $188.4 million.
JoS. A. Bank Clothiers is now allowing international customers to place orders on its website, as the retailer can now deliver orders to customers in over 90 countries. The retailer will use a third-party provider to facilitate the checkout orders and to export and deliver the orders to international destinations.
Tags: Mobile Payments, Multi-Channel Retailing, Technology 5th Finger, a mobile-marketing technology firm, has announced plans to bring in-store mobile trials to another major retail partner, JoS. A. Bank Clothiers. 5th Finger will be testing the role of the mobile device to drive "consumer outcomes" including ensemble inspiration, shopper education and offer redemption "in store" leading up to the summer season. Under the current plans, 5th Finger will be launching a JoS. A. Bank Clothiers mobile web experience and branded-iPhone application following close on the heels of recent successful trials with Jo-Ann Fabric and Crafts Stores. These experiences will be