Key Developments For Jos A Bank Clothiers Inc
Jos A Bank Clothiers Inc (JOSB.O) (Nasdaq)
Jos. A. Bank Clothiers, Inc. Plans to Open 30 to 40 New Stores in 2010
Jos. A. Bank Clothiers, Inc. announced the acceleration of its store expansion program in fiscal year 2010. The Company plans to open 30 to 40 new stores in fiscal year 2010, an increase over the 10 to 15 new stores it plans to open in fiscal year 2009.
Jos. A. Bank Clothiers, Inc. Comments On Q2 2009 Revenue Guidance-Conference Call
Jos. A. Bank Clothiers, Inc. announced that it remain cautious about the total second quarter of 2009 sales. According to Reuters Estimates, analysts were expecting the Company to report revenues of $165.63 million for second quarter of 2009.
Jos. A. Bank Clothiers, Inc. Announces Leadership Succession Plan
Jos. A. Bank Clothiers, Inc. announced the implementation of its leadership succession plan under which three top officials will remain with the Company and assume new roles. Effective December 21, 2008, Robert N. Wildrick will become Chairman of the Board; R. Neal Black will become Chief Executive Officer and a Director of the Company and Andrew A. Giordano will become Chairman Emeritus. Mr. Black will remain President of the Company and Mr. Giordano will remain Lead Independent Director.
Jos. A. Bank Clothiers, Inc. Issues FY 2007 Net Profit Guidance
Jos. A. Bank Clothiers, Inc. announced that for fiscal 2007 it expects net income to increase approximately 12% to 14% over fiscal year 2006 net income of $43.2 million. According to Reuters Estimates, analysts were expecting the Company to report net profit of $49.6 million in fiscal 2007.
Jos. A. Bank Clothiers, Inc. Issues Q2 2007 EPS Guidance Below Analysts' Estimates
Jos. A. Bank Clothiers, Inc. announced that for the second quarter of 2007, it expects earnings per share (EPS) to increase approximately 10% when compared with EPS of $0.38 in the quarter ended July 29, 2006. According to Reuters Estimates, analysts were expecting the Company to report EPS of $0.46 in the second quarter of 2007.
