Sterne Agee Releases JOSB 4Q Preview

Sterne Agee has reported on Jos. A. Bank Clothiers, Inc.'s JOSB fourth quarter preview. According to Sterne Agee, "JOSB is likely to release its 10-K no later than next Wednesday, March 30, with a conference call to follow (no date as yet set). Our Q4 estimate is $1.41 against $1.28 (or a gain of 10%) on comps up 4% versus a strong 9.4% last year. Industry reports suggest menswear retail sales were quite good at holiday but in January weather did hamper results which may be also the case at JOSB." JOSB has a Buy Rating and a $61.00 Price Target. JOSB is currently trading at $45.35.