JoS. A. Bank Clothiers (NASDAQ:JOSB) announced that fiscal first-quarter net income fell by 17 percent. For the three months through April 28, the company earned $14.8 million, or 53 cents per share, versus $17.8 million, or 64 cents per share, in the same period last year. Analysts had expected the company to earn 61 cents per share, according to a FactSet survey. Revenue increased by 4 percent to $201.4 million from $193.3 million, below estimates of $208.9 million estimate, and revenue at stores open at least a year dropped by 1 percent.
Shares are lower by about 6.2 percent.
Rival Men's Warehouse (NYSE:MW) will release fiscal first quarter results on Wednesday, June 6, 2012.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
VF is the place to be to pick up on new and
Launch related slideshow:
Tuesday 5/21 Insider Buying Report: APA, AIG
Monday 5/20 Insider Buying Report: LPSN, FTEK
Monday 5/20 Insider Buying Report: LMNX, GFF
Daily Wrap: May 21, 2013
Weaker Sales Send BBY Lower
HD Raises Guidance After Strong Q1
Analyst Moves: YHOO, CPB, EV
Analyst Moves: PCLN, MSFT, LMCA
Analyst Moves: CCL, OIS
Tuesday Sector Leaders: Shipping, Education & Training Services
Tuesday Sector Laggards: Music & Electronics Stores, Precious Metals
Monday Sector Leaders: Metals & Mining, Precious Metals
Tuesday's ETF with Unusual Volume: IXN
Tuesday's ETF Movers: KWT, GDXJ
URA, GLDX: Big ETF Outflows
Daily Dividend Report: XRX, DGX, DKS, UVV, AWR
Daily Dividend Report: JPM, ALL, HRL, VAL, JOY
Daily Dividend Report: UMPQ, SJT, CRT, AVIV, SPAN
Initial Jobless Claims Jump by 32k
Jobless Claims Fall to Five Year Low
Hiring Picture Improves In April
Weekly Market Wrap: May 17, 2013
Weekly Market Wrap: May 10, 2013
Weekly Market Wrap: May 3, 2013
Week Ahead Market Report: May 13, 2013
Week Ahead Market Report: May 6, 2013
Week Ahead Market Report: April 29, 2013