USA: Jos A Bank Raises Earnings Outlook
Men’s apparel chain Jos A Bank Clothiers Inc on Wednesday raised its third quarter earnings guidance 20 per cent and will "significantly accelerate" its new store opening schedule in fiscal 2003 and beyond. The operator of around 150 stores said in a news release it sees quarterly earnings per share of 25 cents, up from last year’s 21 cents, and sees full-year earnings of $1.40 per share - an increase of 33 per cent over the year-ago earnings of $1.05.
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