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Jos. A. Bank 1Q Profit Jumps 18%

Hampstead, Md. Jos. A. Bank Clothiers Inc. said Wednesday its first-quarter profit jumped 18%, helped by a big boost in sales at established stores. For the quarter ended May 3, net income climbed to $9.8 million from $8.4 million in the prior-year quarter.

Revenue rose 12% to $145.4 million from $129.5 million in the first quarter of 2007. Same-store sales rose 6.4%.

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