By  on April 29, 2009

The aggressive promotions at The Men’s Wearhouse and Jos. A. Bank Clothiers have hit a sweet spot with Wall Street.

Last week, analyst Brian Tunick of J.P. Morgan raised estimates for both retailers, noting their promotional cadence — particularly on tailored clothing — is giving them a leg up on the competition. Men’s Wearhouse recently moved to a buy-one-get-one-free model in response to the economic downturn. And Jos. A. Bank has been running buy-one-get-two-free suit promotions.

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