Men's clothing retailer
Jos. A Bank
Monday beat analysts' estimates, as its fourth-quarter profit rose more than 50%.
The Maryland-based company earned $9.6 million, or 85 cent a share, vs. $6.4 million, or 59 cents a share, a year ago, The consensus estimate was for 83 cents a share, according to Thomson One Analytics.
Revenue increased to $100.9 million in the period ended Feb. 1, from $77.9 million in the prior-year period. Same-store sales rose 10.7% during the quarter.
The retailer also said it expects first-quarter EPS to meet analysts' consensus estimate. The company earned 20 cents a share in the first quarter of 2003.
Shares rose 73 cents, or 2%, to $37.95 in preopen trade.