Combined catalog & Internet sales up at JOSB in Q3
07 Dec '06
2 min read
JoS. A. Bank Clothiers Inc (JOSB) announces net income of $5.5 million for the fiscal third quarter ended October 28, 2006, as compared with net income of $4.7 million in the third quarter of the previous fiscal year.
Diluted earnings per share increased 15 percent to $0.30 in the third quarter of fiscal 2006, as compared with $0.26 in the third quarter of fiscal 2005.
Comparing the fiscal nine months ended October 28, 2006 with the comparable prior year period, net income increased to $18.3 million from $16.7 million; and diluted earnings per share rose 8 percent to $1.00 from $0.93.
A conference call to discuss this earnings press release is scheduled for today, December 7, 2006, at 11:00 a.m. Eastern Time. To participate in the call today, please dial (USA) 800-288-8976 or (International) 612-332-0932, at least five minutes before 11:00 a.m. Eastern Time.
A replay of the conference call will be available after 2:30 p.m. Eastern Time today until 11:59 p.m. on December 14, 2006, by dialing (USA) 800-475-6701 or (International) 320-365-3844. The access code for the replay will be 850674.
In addition, a webcast replay of the conference call will be posted on the investor relations section of our website: (select 'Company Information' and 'Investor Relations').
Comparing the third fiscal quarter ended October 28, 2006 with the comparable prior year period, total sales increased 13.1 percent to $119.5 million from $105.6 million;comparable store sales increased 2.3 percent; and combined catalog and Internet sales increased 21.4 percent.