Seasonal dressings drive JOBS's Comp Store sales in Aug

01 Sep '05
2 min read

Men's wear retailer JoS. A. Bank Clothiers Inc (JOSB) announces the total sales for the fiscal month ended August 27, 2005 (fiscal August 2005) increased 29.8 percent to $28.3 million compared with $21.8 million in fiscal August 2004. In fiscal August 2005, comparable store sales increased 12.9 percent and combined catalog and Internet sales increased 34.9 percent, as compared to fiscal August 2004.

"The sportswear has performed very well all year and continued to lead all merchandise categories in sales gains in August," stated David E. Ullman, Executive Vice President - Chief Financial Officer of JoS. A. Bank Clothier Inc. "In addition, seasonal sportcoats, blazers, dress shirts and ties posted double-digit comparable store sales gains in fiscal August 2005 as compared to fiscal August 2004."

Total sales for the seven months ended August 27, 2005 increased 21.7 percent to $223.5 million compared with $183.7 million in the comparable prior year period. In the seven months ended August 27, 2005, comparable store sales increased 5.5 percent and combined catalog and Internet sales increased 26.0 percent, as compared to the same prior year period.

Hampstead based Nation's leading men's wear retailer JoS. A. Bank Clothiers Inc (JOSB), established in 1905, is one of the retailers of men's classically-styled tailored and casual clothing, sportswear, footwear and accessories. The Company sells its full product line through 291 stores in 38 states and the District of Columbia, a nationwide catalog, and an e-commerce website. Company buyers scour the globe for the finest fabrics with the richest textures and colors. Tailors keep a close eye on every detail, adhering to the highest standards of fabric, fit and construction.

JoS. A. Bank Clothiers Inc

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