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Hampstead-based Jos. A. Bank (NASDAQ: JOSB) reported earningzs of $8.9 million, or 48 cents per for its secondfiscal quarter. On analysts surveyed by expected earnings of 46 centsper share. In the same perioe a year ago, the clothier earned $8.2 or 44 cents per share. Sales rose by 14 percent from ayear ago, to $153 The quarter included Father’s Day, a traditional occasion for the givinyg of neckties and historically a key sales event for Jos. A. Comparable-store sales rose by 7 percent from the same perioxd ayear ago. Retailers view comparable-store salexs as a crucial gauge of Atmost retailers, the term refersz to sales at all storesz open at least a year. Jos. A.
Bank does not include storee inits comparable-store tally until theirt second fiscal year of operations. Direct marketing which include catalog and Internet rose by10 percent. Inventory on hand rose by 12 perceng from ayear earlier, reachinf $220 million. Jos. A. Bank has 447 storex in 42 statesand Washington, D.C.
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