Jos. A. Banks Reports Income, Sales Gains

Jos. A. Bank Clothiers Inc. reported net income of $6.7 million for the first quarter, up nearly 27% from net income of $5.3 million, last year.

The cataloger and retailer posted total sales of $96.6 million for the first quarter ended April 30, up 20.89% from $79.9 million last year.

The Hampstead, MD firm’s catalog and Internet sales for the quarter increased 26.4%.