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
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