Jos. A. Bank's in Style: Fool by Numbers (JOSB)

Jos. A. Bank's in Style: Fool by Numbers

On Dec. 7, men's clothing retailer Jos. A. Bank (Nasdaq: JOSB ) released its third-quarter earnings for the period ending Oct. 28.

Sales were up 13% for the third quarter and EPS climbed 15.4%, as the net margin expanded because of lower interest expenses and a lower tax rate.
Inventories grew more slowly than sales, and accounts receivable grew in line with sales, both signs of good working capital management.
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(Figures in millions, except per-share data)

Income Statement Highlights

	Q3 2006	Q3 2005	Change
Sales	$119.5	$105.6	13.1%
Net Profit	$5.5	$4.7	17.0%
EPS	$0.30	$0.26	15.4%
Diluted Shares	18.3	18.1	1.2%

Get back to basics with a look at the income statement.

Margin Checkup

	Q3 2006	Q3 2005	Change*
Gross Margin	60.6%	60.1%	0.5
Operating Margin	7.6%	8.1%	(0.4)
Net Margin	4.6%	4.4%	0.2

*Expressed in percentage points.

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets	Q3 2006	Q3 2005	Change
Cash + ST Invest.	$1.6	$1.5	6.7%
Accounts Rec.	$9.1	$8.0	13.8%
Inventory	$202.6	$190.6	6.3%

Liabilities	Q3 2006	Q3 2005	Change
Accounts Payable	$34.3	$37.6	(9.0%)
Long-Term Debt*	$61.5	$83.5	(26.3%)

*Includes current portion and non-current lease obligations.

Learn the ways of the balance sheet.

Cash Flow Highlights

	YTD 2006	YTD 2005	Change
Cash From Ops.	($27.0)	($13.3)	N/A
Capital Expenditures	$18.1	$20.3	(10.8%)
Free Cash Flow	($45.1)	($33.6)	N/A

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Related Companies:

Men's Warehouse (NYSE: MW )
Nordstrom (NYSE: JWN )
Federated Department Stores (NYSE: FD )

Related Foolishness:

Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean.

At the time of publication, David Meier did not own shares in any of the companies mentioned. Fool rules for disclosure are here.

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