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Jos. A. Bank in Play After Profit Warning; Is It a Short Set-up?
Tuesday, May 14, 2013 - 8:55am | 886Shares of men's clothing retailer Jos. A. Bank (NASDAQ: JOSB) fell a little better than seven percent on Monday after the company delivered a profit warning for its fiscal first-quarter earnings which are due out on May 29 prior to the opening bell. Traders should take notice of the setup in this...
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Jos. A Bank Clothiers Releases Q1 Guidance, Expects Unfit Q1 Earnings
Monday, May 13, 2013 - 10:48am | 515Jos. A Bank Clothiers (NASDAQ: JOSB) opens the week down after releasing woeful first-quarter earnings expectations and guidance. The Hampstead, Maryland-based firm expects EPS to finish in the $0.27 to $0.30 range, around just half the $0.53 it posted in Q1 2012. This would place the apparel...
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Did Jos. A. Bank Really Try this Classic Earnings Announcement Ruse?
Tuesday, January 29, 2013 - 10:20am | 484Even the best business suit eventually loses its luster and has to be replaced. Such may be the case with Jos. A. Bank Clothiers’ (NASDAQ: JOSB) venerable business model. Shares of the company’s stock, like their famous suit promotions, aren’t “buy one, get one” yet, but the stock did fall 18...
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Jos. A. Bank Tanks on Earnings Guidance
Monday, January 28, 2013 - 2:07pm | 384Jos. A. Bank (NASDAQ: JOSB) has updated its earnings guidance and the outlook is not good. Net income for the 2012 fiscal year is expected to be 20 percent lower than 2011. Commenting in this regard, President and CEO R. Neal Black stated, “Total company sales for the year will be up, but not...