Catalog Sales Fall As Jos. A. Bank Income Drops

Jos. A. Bank Clothiers, Inc., Hampstead, MD, had sales of $47.4 million in first quarter 2001, up 2% from $46.4 million from first quarter 2000. Its net income fell from $1.1 million to $506,000 during the quarter, which ended May 5.

While catalog sales fell by 19%, the company