Jos. A. Bank Sets Record Earnings

Share this content:
Jos. A. Bank Clothiers Inc., Hampstead, MD, announced record sales and earnings for the second quarter and first half of fiscal year 2003.


For the second quarter ended Aug. 2, net income more than doubled, rising 111 percent to $2 million compared with the same period of the prior year.


For the first half, net income skyrocketed 56 percent to $4.2 million from $2.7 million in the same period of the prior year.


Total net sales for the quarter increased 24.1 percent to $64.4 million. Comparable-store sales rose 12.5 percent as combined catalog and Internet sales climbed 12 percent.


Total net sales for the six months ended Aug. 2 increased 17.8 percent to $126.7 million. Comparable-store sales rose 6.3 percent while combined catalog and Internet sales increased 13.7 percent.


Loading links....
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

Since 1985, Melissa Data has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa Data offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

DMN's Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here