Wednesday, March 14, 2018

Jos. A. Bank posts first quarterly sales increase since getting bought in 2014

Jos. A. Bank reported an increase in net sales for the first time since getting acquired by Men’s Wearhouse in 2014. Net sales rose 5.2 percent to $230.9 in the fourth quarter ending Feb. 3, compared to $219.4 million in the prior-year quarter. It also marks an improvement from the 4.7 percent sales decline the Hampstead-based menswear retailer reported a year ago. Comparable sales increased 5.3 percent primarily due to an increase in transactions and units per transaction that more than offset…



from https://www.bizjournals.com/baltimore/news/2018/03/14/jos-a-bank-posts-first-quarterly-sales-increase.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/171876728512

No comments:

Post a Comment