JoS. A. Bank Clothiers Inc. (JOSB) reported that its third-quarter net income increased 26% to $11.73 million, from $9.30 million in the year ago quarter. Earnings per share for the third quarter increased 26% to $0.63 per share, from $0.50 per share for the third quarter of fiscal year 2008.
Net sales for the third quarter increased 8.1% to $161.3 million from $149.3 million in the third quarter of fiscal year 2008, while comparable store sales increased 3.3% and Direct Marketing sales increased 21.2%.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.54 per share on revenues of $160.20 million for the quartre. Analysts' estimates typically exclude special items.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.