By  on January 28, 2013

Many of Jos. A. Bank Clothiers Inc.’s holiday promotions fell on deaf ears in 2012, and its stock fell dramatically Monday on that news.

Shares of the men’s wear chain dropped 15.1 percent, or $6.99, to $39.28 Monday after hitting a 52-week low of $37.31 in midday trading. Investors fled following the company’s disclosure late Friday night that it would see earnings drop 20 percent for the year after its holiday promotions for cold-weather apparel and accessories failed to attract sales as they had in the past.

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