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.


close

Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

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

Relive the 2017 Marketing Hall of Femme

Click the image above