Strong demand pushes apparel retailer JOSB Jan sales
02 Feb '06
3 min read
Combined catalog and internet sales increased 18.9 percent and 21.7 percent in the fourth quarter and fiscal year 2005, respectively.
The Company will report its fourth quarter and fiscal year 2005 earnings on April 3, 2006.
A conference call to discuss the earnings press release will be held on Monday, April 3, 2006 at 11:00 a.m. Eastern Time (ET).
All earnings per share amounts in this news release represent diluted earnings per share adjusted for two stock dividends that were distributed to stockholders in fiscal year 2004.
The earnings per share amounts have not been adjusted for the stock dividend that the Company announced on December 14, 2005, under which shareholders of record as of January 27, 2006 will receive one additional share of common stock for each four shares then owned.
The dividend shares will be distributed to shareholders on February 15, 2006.
The fiscal year 2004 earnings per share amounts included in this news release give effect to the restatement of the Company's financial statements to reflect the revision of the Company's historical practices of accounting for lease transactions as discussed in the Company's Annual Report on Form 10-K for the fiscal year ended January 29, 2005.
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.