JoS. A. Bank Clothiers Inc (JOSB) announces that its total net sales for the three fiscal months ended August 4, 2007 (second quarter of fiscal 2007) as compared with the three fiscal months ended July 29, 2006 (second quarter of fiscal 2006), increased 12.8% to $134.3 million versus $119.1 million.
Based on these sales gains, the Company stated that it expects earnings per share for the quarter ended on August 4, 2007 to increase approximately 10% when compared with earnings per share of $0.38 in the quarter ended July 29, 2006.
Comparing the fiscal month ended August 4, 2007 (fiscal July 2007) with the fiscal month ended July 29, 2006 (fiscal July 2006), total net sales increased 3.2% to $35.8 million from $34.7 million; comparable store sales decreased 6.4%; and Direct Marketing sales increased 8.9%.
Comparing the second quarter of fiscal 2007 with the second quarter of fiscal 2006, total net sales increased 12.8%; comparable store sales increased 2.5%; and Direct Marketing sales increased 19.7%.
Comparing the six fiscal months ended August 4, 2007 (first half of fiscal 2007) with the six fiscal months ended July 29, 2006 (first half of fiscal 2006), total net sales increased 13.3% to $263.8 million from $232.8 million; comparable store sales increased 3.2%; and Direct Marketing sales increased 20.2%.
JoS. A. Bank Clothiers Inc
marketing@alchempro.com
