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Jos. A. Bank Shows Wall Street Style
By Tom Taulli
January 8, 2007
Jos. A. Bank (Nasdaq: JOSB) spooked investors back in September. When the upscale clothier for men reported a 6.1% decline in same-store sales for the month of August, the stock plunged 16%. Since then, however, the stock has been recovering, all the way to its recent mark of $31.10. In December, Jos. A. Bank was able to post a 1.4% increase in same-store sales, and the stock increased by about 3% on the news......
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