JoS. A. Bank profit rises 25% in Q2

Hampstead, Md. -- JoS. A. Bank Clothiers reported Wednesday that net income for the second quarter surged 24.7% to $20.6 million, compared with $16.5 million in the year-ago period.

Sales rose 22.4% to $230.7 million from $188.4 million. Same-store sales increased 14.7%.

“While sales are just one component of overall profit and August is a relatively small sales month, our comparable store sales in August are up slightly compared to the same period last year, despite the impact of the recent hurricane,” said R. Neal Black, president and CEO.

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