| Business Summary | | Jos.
A.
Bank
Clothiers,
Inc.
is
a
retailer
and
cataloger
of
men's
tailored
and
casual
clothing
and
accessories.
The
Company
sells
substantially
all
of
its
products
exclusively
under
the
Jos.
A.
Bank
label
through
its
117
Company-operated
retail
stores
(including
seven
outlet
stores
and
10
franchise
stores)
located
throughout
the
Northeast,
Midwest,
South
and
Mid-Atlantic
regions
of
the
United
States,
as
well
as
through
its
nationwide
catalog
and
Internet
(www.josbank.com)
operations.
The
Company
divides
the
year
into
two
merchandise
seasons,
spring
and
fall,
and
mails
its
catalog
to
active
customers
as
often
as
every
four
weeks.
Catalogs
provide
customers
with
guidance
in
coordinating
outfits,
generating
store
traffic
and
providing
useful
market
data
on
customers.
In
April
1998,
the
Company
completed
the
disposition
of
its
remaining
manufacturing
operations
and
sources
all
of
its
products
through
third-party
vendors. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Jos.
A.
Bank
Clothiers
is
a
retailer,
cataloger
and
manufacturer
of
men's
tailored
and
casual
clothing
and
accessories.
For
the
three
months
ended
5/5/01,
net
sales
rose
2%
to
$47.4
million.
Net
income
fell
53%
to
$506
thousand.
Revenues
reflect
additional
sales
from
new
stores
opened
and
increased
comparable
store
sales.
Earnings
were
offset
by
higher
occupany,
payroll
and
advertising
expenses
and
a
$210
thousand
one
time
charge
for
professional
fees. Recent Earnings Announcement For
the
3
months
ended
08/04/2001,
revenues
were
46,106;
after
tax
earnings
were
291. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Andrew Giordano, 68 Chairman | -- | Robert Wildrick, 57 Pres,
CEO, Director | $1.4M | David Ullman, 43 CFO,
Exec. VP | 373K | R. Neal Black, 46 Exec.
VP, Marketing and Merchandising | 514K | Robert Hensley, 48 Exec.
VP -Stores and Operations | 491K | Dollar amounts are as of 3-Feb-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|