Thursday, August 30, 2012

Jos A Bank results beat as online sales grow, shares up

Men's apparel and accessories retailer JoS A Bank Clothiers Inc's quarterly results handily beat Wall Street estimates as it attracted more online shoppers. Photo: JoS A Bank
The company's stock moved up more than 18 percent to $49.37 on the Nasdaq in early trading.
JoS A Bank, which competes with Men's Wearhouse Inc, has set up Amazon.com Inc and eBay Inc stores, aiming for a bigger slice of shoppers' wallets by catering to different consumers than the ones who come to their own websites and

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