Home / Knowledge / News / Apparel/Garments / JOSB Clothiers reports 32% increase in Q3 earnings
JOSB Clothiers reports 32% increase in Q3 earnings
04
Dec '08
JoS. A. Bank Clothiers Inc announces that earnings for the third quarter of fiscal year 2008 increased 32% to $0.50 per share, as compared to $0.38 per share for the third quarter of fiscal year 2007. Net income in the third quarter of fiscal year 2008 was $9.3 million, as compared to $7.1 million in the third quarter of fiscal year 2007.

Total sales for the third quarter of fiscal year 2008 increased 13.7% to $149.3 million from $131.3 million in the third quarter of fiscal year 2007, while comparable store sales increased 7.0% and Direct Marketing sales decreased 11.4%. The third quarter of fiscal year 2008 ended November 1, 2008; the third quarter of fiscal year 2007 ended November 3, 2007.

Comparing the first nine months of fiscal year 2008 with the first nine months of fiscal year 2007, earnings increased 19% to $1.52 per share, as compared to $1.28 per share and net income increased to $28.0 million, as compared to $23.7 million. Total sales for the first nine months of fiscal year 2008 increased 13.2% to $447.4 million from $395.1 million for the first nine months of fiscal year 2007 while comparable store sales increased 6.8% and Direct Marketing sales decreased 0.4%.

JoS. A. Bank Clothiers, Inc., established in 1905, is one of the nation's leading retailers of men's classically-styled tailored and casual clothing, sportswear, footwear and accessories.

JoS. A. Bank Clothiers Inc

Must ReadView All

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Textiles | On 26th Apr 2017

Gap, Athleta to increase use of sustainable fibres

Gap, one of the world's most iconic apparel and accessories brand and ...

Courtesy: Christian Dior

Fashion | On 25th Apr 2017

LVMH to acquire Christian Dior Couture for €6.5bn

LVMH and Christian Dior, which holds directly and indirectly 41 per...

Interviews View All

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search