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Jos. A. Bank Clothiers

(JOSB)

said December sales have been better than expected, despite two major snowstorms in the month.

Shares were up $1.66, or 5%, to $35.18, well off their 52-week high of $51.35 set in September.

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The Hampstead, Md.-based retailer of men's clothing said both total sales and comparable-store sales have exceeded expectations, but failed to provide further details.

Bank's November sales increased 19.4% to a record $29.6 million. Comparable-store sales rose 2.5%. The company reports December sales figures on Jan. 8.

In its most recent quarter, the company's net income increased 53% to $2.9 million, or 38 cents a share, on revenue of $72 million. Bank has opened 50 stores this year.