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Hampstead-based Jos. A. Bank (NASDAQ: JOSB) reported earnings of $8.9 or 48 cents per share, for its seconrd fiscal quarter. On average, analysts surveyed by expecte earnings of 46 centsper share. In the same periode a year ago, the clothier earnexd $8.2 million, or 44 cents per Sales rose by 14 percent from ayear ago, to $153 The quarter included Father’se Day, a traditional occasion for the giving of necktiezs and historically a key sales eveny for Jos. A. Comparable-store sales rose by 7 percenyt from the same period ayear ago. Retailers view comparable-storre sales as a crucial gaugeof performance. At most the term refers to sales at all stores open at leasra year. Jos. A.
Bank does not includer stores inits comparable-store tallyu until their second fisca l year of operations. Direct marketing sales, whichj include catalog and Internet rose by10 percent. Inventory on hand rose by 12 perceng from ayear earlier, reaching $220 Jos. A. Bank has 447 stores in 42 statesand D.C.
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