JoS. A. Bank Clothiers Reports 12.7% Increase in Profits for Second Quarter of Fiscal Year 2012; Company Plans to Expand to Approximately 800 Stores

JoS. A. Bank Clothiers, Inc. (JOSB) announces that net income for the second quarter of fiscal year 2012 increased 12.7% to $23.2 million as compared with net income of $20.6 million for the second quarter of fiscal year 2011. Earnings per share for the second quarter of fiscal year 2012 increased 12.2% to $0.83 per share as compared with earnings per share of $0.74 for the second quarter of fiscal year 2011. Total sales for the second quarter of fiscal year 2012 increased 12.9% to $260.3 million from $230.7 million in the second quarter of fiscal year 2011. Comparable store sales increased 6.1% and Direct Marketing sales increased 39.3% in the second quarter of 2012.

Fossil, Inc. Reports Second Quarter Results

Second Quarter Net Sales and Diluted Earnings Per Share Continue at Record Levels
Constant Dollar Net Sales Rise 18.1%
Diluted Earnings Per Share Increase 15.0% to $0.92

Fossil, Inc. (FOSL) (the "Company") today reported second quarter net sales and earnings for the thirteen-week ("Second Quarter") and twenty-six week ("Six Month Period") periods ended June 30, 2012.

ABC-MART Announces Agreement to Acquire LaCrosse Footwear

ABC-MART, INC. (TSE:2670), Japan’s leading retailer of athletic, business and casual footwear, announced today that it has entered into a definitive agreement with LaCrosse Footwear, Inc. (BOOT), a leading provider of premium, branded footwear for work and outdoor users, pursuant to which ABC-MART will acquire all outstanding shares of LaCrosse Footwear stock for $20 per share in cash, or approximately $138 million.

The purchase price represents a premium of 82% over LaCrosse Footwear’s average closing stock price over the last 30 days ended July 5, 2012, and an 82% premium over the closing price on July 5, 2012. Under the agreement, ABC-MART will commence a tender offer to purchase all of the outstanding shares of LaCrosse Footwear. The transaction is expected to close in the third calendar quarter of 2012.

Francesca's Holdings Corporation Reports Financial Results for the Fiscal First Quarter Ended April 28, 2012

Comparable Boutique Sales Increased 15.5%
Earnings Per Diluted Share Doubled to $0.20

Francesca's Holdings Corporation (FRAN) today announced financial results for the fiscal first quarter ended April 28, 2012.

For the fiscal first quarter ended April 28, 2012:

• Net sales increased 48.6% to $61.3 million from $41.3 million in the same prior year period.
• Comparable boutique sales increased by 15.5% following an increase of 14.7% in the same prior year period.

  Published: 08 June 2012

  Written by Editor

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