Jos. A. Bank Clothiers Inc. on Monday prepared Wall Street for its second consecutive quarterly earnings disappointment, sending its shares down more than 7 percent.
The Hampstead, Md.-based men’s specialty retailer forecast earnings of between 27 and 30 cents a diluted share for the three months ended May 4. That comes against year-ago earnings per share of 53 cents and the current analyst consensus estimate of 46 cents.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)