Jos. A. Bank (NASDAQ:JOSB) spooked investors back in September. When the upscale clothier for men reported a 6.1% decline in same-store sales for the month of August, the stock plunged 16%. Since then, however, the stock has been recovering, all the way to its recent mark of $31.10. In December, Jos. A. Bank was able to post a 1.4% increase in same-store sales, and the stock increased by about 3% on the news.

The encouraging numbers have investors feeling more comfortable. To top it all off, total sales increased 12.1% to $102.1 million in December.

Jos. A. Bank looked to be getting some traction back in its third-quarter earnings report. The company increased earnings per share from $0.26 to $0.30, and sales rose 13% to $119.5 million. There was also strength in catalog and Internet sales, which increased by 21.4%.

What's more, the CAPS community likes the prospects for Jos. A. Bank, with an overall rank of four out of five stars and 93 "outperform" rankings compared to only six "underperforms."

What we're seeing is an aggressive growth push -- Jos. A. Bank wants to become a multibillion-dollar company like Men's Wearhouse (NYSE:MW). According to its latest 10-Q, the company plans to expand from its current 359 stores to 500 over the next couple of years. Interestingly enough, for a company that was founded more than 100 years ago, Jos. A. Bank still looks like upstart and should find plenty of room to grow.

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Fool contributor Tom Taulli does not own shares of companies mentioned in this article.