Jos A Bank Clothiers Inc (JOSB) Posts Quarterly Earnings Results, Beats Estimates By $0.06 EPS
Wednesday, August 31, 2021 9:35 AM



Jos A Bank Clothiers Inc (JOSB) announced its quarterly results on Wednesday. The company reported $0.74 earnings per share for the quarter, beating the Thomson Reuters consensus estimate of $0.68 by $0.06. The company’s quarterly revenue was up 22.5% on a year-over-year basis.

On a related note, analysts at Zacks Investment Research downgraded shares of Jos A Bank Clothiers Inc from an "outperform" rating to a "neutral" rating in a research note to investors on Wednesday, June 29th. Also, analysts at Sterne Agee reiterated a "buy" rating on shares of Jos A Bank Clothiers Inc in a research note to investors on Wednesday, June 22nd. They now have a $62.00 price target on the stock.

Shares of Jos A Bank Clothiers Inc (JOSB) opened at 47.27 on Wednesday. Jos A Bank Clothiers Inc (JOSB) has a 52 week low of $36.41 and a 52 week high of $57.14. The stock's 50-day moving average is $47.54 and its 200-day moving average is $49.07. The company has a market cap of $1.306 billion and a price-to-earnings ratio of 15.01.

Jos. A. Bank Clothiers, Inc. (Jos. A. Bank) is a designer, manufacturer, retailer and direct marketer (through stores, catalog and Internet) of men’s tailored and casual clothing and accessories. The Company sells substantially all of its products exclusively under the Jos. A. Bank label through its 473 retail stores (as of January 30, 2010, which includes seven outlet stores and 13 franchise stores) located throughout 42 states and the District of Columbia in the United States, as well as through the Company’s nationwide catalog and Internet (www.josbank.com) operations. Jos. A. Bank operates through two segments: Stores and Direct Marketing. The Company’s Stores segment consists of its 453 Full-line Stores. The Company opened 14 stores (and closed one store) during the fiscal year ended January 30, 2022 (fiscal 2009). The Company’s Direct Marketing segment consists of its Internet and catalog channels.

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