Jos. A. Bank Clothiers Inc. capped off another good year in 2010 with a strong fourth quarter, but the specter of rising raw material prices is looming large for the future.
In the three months ended Jan. 29, the Hampstead, Md.-based men’s specialty store chain posted net income of $40.9 million, or $1.47 a diluted share, 3 cents better than the $1.44 expected, on average, by analysts polled by Yahoo Finance. That was 15.5 percent above the year-ago profit of $35.5 million, or $1.28. Revenues grew 14 percent to $318.3 million from $279.3 million in the 2009 quarter as gross margin improved to 61.3 percent of sales from 60.7 percent a year ago.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)