JoS. A. Bank Clothiers Announces 18.1% Increase in October 2006 Sales; Comparable Store Sales Increase 8.4%
02 Novembre 2006 - 12:00PM
Business Wire
JoS. A. Bank Clothiers, Inc. (NASDAQ Global Select Market: "JOSB")
announces that its total sales for the fiscal month ended October
28, 2006 (�fiscal October 2006�) increased 18.1% to $43.7 million,
as compared with $37.0 million in fiscal October 2005. Comparable
store sales increased 8.4% in fiscal October 2006, as compared with
fiscal October 2005. Combined catalog and Internet sales increased
9.8% in fiscal October 2006, as compared with the same prior year
period. Comparing the third fiscal quarter ended October 28, 2006
with the comparable prior year period, total sales increased 13.2%
to $119.5 million from $105.6 million; comparable store sales
increased 2.3%; and combined catalog and Internet sales increased
21.3%. Comparing the fiscal nine months ended October 28, 2006 with
the comparable prior year period, total sales increased 17.1% to
$352.3 million from $300.8 million; comparable store sales
increased 5.6%; and combined catalog and Internet sales increase
21.7%. The Company also noted that it has opened 35 stores in the
first nine months of fiscal 2006, with additional openings planned
in the fourth quarter. 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. The Company sells its full product line
through 359 stores in 42 states and the District of Columbia, a
nationwide catalog and an e-commerce website that can be accessed
at www.josbank.com. The Company is headquartered in Hampstead, MD,
and its common stock is listed on the Nasdaq Global Select Market
under the symbol "JOSB." The Company's statements concerning future
operations contained herein are forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. Actual results may differ materially from those anticipated
due to a variety of factors outside of the Company's control that
can affect the Company's operating results, liquidity and financial
condition. Such factors include risks associated with economic,
weather, public health and other factors affecting consumer
spending, higher energy and security costs, the successful
implementation of the Company's growth strategy including the
ability of the Company to finance its expansion plans, the mix and
pricing of goods sold, the effectiveness and profitability of new
concepts, the market price of key raw materials such as wool and
cotton, seasonality, fashion trends and changing consumer
preferences, the effectiveness of the Company's marketing programs,
the availability of lease sites for new stores, the ability to
source product from its global supplier base, litigations and other
competitive factors. Other factors and risks that may affect our
business or future financial results are detailed in our filings
with the Securities and Exchange Commission, including the
Company's Annual Report on Form 10-K for the year ended January 28,
2006 and the Company's Quarterly Report on Form 10-Q for the
quarter ended July 29, 2006. These cautionary statements qualify
all of the forward-looking statements the Company makes herein. The
Company cannot assure you that the results or developments
anticipated by the Company will be realized or, even if
substantially realized, that those results or developments will
result in the expected consequences for the Company or affect the
Company, its business or its operations in the way the Company
expects. The Company cautions you not to place undue reliance on
these forward-looking statements, which speak only as of their
respective dates. The Company does not undertake an obligation to
update or revise any forward-looking statements to reflect actual
results or changes in the Company's assumptions, estimates or
projections. These risks should be carefully reviewed before making
any investment decision. JoS. A. Bank Clothiers, Inc. (NASDAQ
Global Select Market: "JOSB") announces that its total sales for
the fiscal month ended October 28, 2006 ("fiscal October 2006")
increased 18.1% to $43.7 million, as compared with $37.0 million in
fiscal October 2005. Comparable store sales increased 8.4% in
fiscal October 2006, as compared with fiscal October 2005. Combined
catalog and Internet sales increased 9.8% in fiscal October 2006,
as compared with the same prior year period. Comparing the third
fiscal quarter ended October 28, 2006 with the comparable prior
year period, total sales increased 13.2% to $119.5 million from
$105.6 million; comparable store sales increased 2.3%; and combined
catalog and Internet sales increased 21.3%. Comparing the fiscal
nine months ended October 28, 2006 with the comparable prior year
period, total sales increased 17.1% to $352.3 million from $300.8
million; comparable store sales increased 5.6%; and combined
catalog and Internet sales increase 21.7%. The Company also noted
that it has opened 35 stores in the first nine months of fiscal
2006, with additional openings planned in the fourth quarter. 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. The Company
sells its full product line through 359 stores in 42 states and the
District of Columbia, a nationwide catalog and an e-commerce
website that can be accessed at www.josbank.com. The Company is
headquartered in Hampstead, MD, and its common stock is listed on
the Nasdaq Global Select Market under the symbol "JOSB." The
Company's statements concerning future operations contained herein
are forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Actual results may differ
materially from those anticipated due to a variety of factors
outside of the Company's control that can affect the Company's
operating results, liquidity and financial condition. Such factors
include risks associated with economic, weather, public health and
other factors affecting consumer spending, higher energy and
security costs, the successful implementation of the Company's
growth strategy including the ability of the Company to finance its
expansion plans, the mix and pricing of goods sold, the
effectiveness and profitability of new concepts, the market price
of key raw materials such as wool and cotton, seasonality, fashion
trends and changing consumer preferences, the effectiveness of the
Company's marketing programs, the availability of lease sites for
new stores, the ability to source product from its global supplier
base, litigations and other competitive factors. Other factors and
risks that may affect our business or future financial results are
detailed in our filings with the Securities and Exchange
Commission, including the Company's Annual Report on Form 10-K for
the year ended January 28, 2006 and the Company's Quarterly Report
on Form 10-Q for the quarter ended July 29, 2006. These cautionary
statements qualify all of the forward-looking statements the
Company makes herein. The Company cannot assure you that the
results or developments anticipated by the Company will be realized
or, even if substantially realized, that those results or
developments will result in the expected consequences for the
Company or affect the Company, its business or its operations in
the way the Company expects. The Company cautions you not to place
undue reliance on these forward-looking statements, which speak
only as of their respective dates. The Company does not undertake
an obligation to update or revise any forward-looking statements to
reflect actual results or changes in the Company's assumptions,
estimates or projections. These risks should be carefully reviewed
before making any investment decision.
Jos. A. Bank Clothiers (NASDAQ:JOSB)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024
Jos. A. Bank Clothiers (NASDAQ:JOSB)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024