Jos. A. Bank Clothiers, Inc. (NASDAQ:JOSB)

Good management calls and a pretty straight forward easy to understand growth model. Got hit pretty hard last quarter to bring into buy range.

Jos. A. Bank Clothiers (JOSB) has multiple initiatives to drive growth for years and to transition to higher margin products. I feel that due to these initiatives and growth potential, JOSB is currently undervalued at a forward PE of 14x. The push toward higher margin products is necessary due to the recent appreciation in input costs such as cotton and wool.

The shift to higher margin products will take place in the tuxedo rental, Big & Tall and the tailored clothing segments, with the goal to move margins higher than the 10% they are today.

Brick & mortar and ecommerce expansion plans include driving traffic to international ecommerce sites and adding 40 to 50 new brick & mortar stores.

The surge in commodity prices affects JOSB’s margins as cotton stayed at its all time highs and didn’t dip below $120/lbs for the entirety of Q2. These prices could pressure JOSB’s profitability.

Using 5-year-high valuations for F P/E, PB, and PS and a PEG ratio of 1, I feel that a fair 12-month price for JOSB is $58, a 13% premium to where it currently trades.

See the rest of this article at seekingalpha.com here: http://seekingalpha.com/article/280544-jos-a-bank-tailored-for-long-term-growth

Im going to send them an invite ti pitti homme

JOSB might have missed earnings expectations, but let's not discount the actual numbers put up by the company. I think the market acted irrationally with such a steep selloff. To me? It provided a buying opportunity. The #'s look good relative to its peers. I'm in.
Also, the conference call earlier today was a great way to verify how well JOSB is being run.

The $7.00 drop in price after the earnings report seemed a bit irrational. I own shares in JOSB and feel this is a good time to add to my position. They have $252 million in cash and no debt. Based on a price of 47.17, their PE ratio is 15.32.

Commodity prices are going up, but tha affects their competitors too and I believe JOSB can pass higher costs to customers better than many of their peers.

Sales for the quarter was up 8.7% while earnings per share were up 12.3%.

Analysts believe they will make $3.49 in 2011 and $3.88 in 2012. Cash flow yield presently is 4.6%. As the Company raises prices to pass costs to consumers, cash flow should go up. .

The company was started in 1905, so they have a long history of surviving changing markets. They have 476 stores in 42 states, so there is room for growth. So I believe this company will beat the S&P500 going forward

This clothing store chain has been doing well even when the economy was tough. I think it will be quite awhile before the economy is doing so well that people will look for somewhere more expensive to shop, but I think business will pick up even more as the economy improves moderately.

Good business, good growth, fine profit, strong balance sheet. And the beneficiaries would be the shareholders? Maybe?

valueline

1x - 4/1

Barron's Roundtable 2011 - Scott Black recommendation

Scott Black. 12 P/E on next years earnings and no debt (except lease expense, which is a form of debt). They also have $6.89 a share in cash and equivalents which takes the multiple down to 10.1 times net-of-cash earnings. On $93 million of net income, they will generate about $71 million of free cash.

Also, they are planning to add 30-35 full-line stores this year. The company is run by a sophisticated marketer, Neal Black, who came out of May Department stores.

I can't believe how undervalued the retailsector appears as a whole; BKE, TRLG, and JOSB.
All of them solid companies sporting tremendous growth at very reasonable prices..

JOSB has a niche, expanding nationally with plenty of room to grow.

I see outperformance!

JOSB clothing quality is terrible. The only comments made about it now are how good their stuff used to be. Additionally, they're using the same advertising tactics that led Spitzer to file suit against them in 2004. Yes, they might be weathering the financial downturn well, but they are destroying their reputation in the process.

If you can sell a shirt for $100 I guess that should turn a decent profit. They should cost about a buck or two to produce. Once again the cotton farmer is taken to market.

JOSB (Jos. A. Banks Clothiers)
This mens apparel retailer has 425 stores in 42 states. Even with in the face of a recession they have been able to grow revenues 27% since 2007 and earnings by 35%. This seems company seems like quite a bargain considering it is trading at just 13 times trailing earnings and less than 11 times forward estimates (which have been getting bumped up over the past 90 days). Add in the fact they have $0 debt and $126 million in cash, well you've got an even better deal yet. I've yet to shop at one, but I'll be buying some stock in the company because they've proven they can manage steady growth even in rough times and are positioned excellently with their huge cash hoard. Eventually I'd expect this company will also announce a cash dividend. One more interesting fact: Institutional investors own 109% of this company. You read that right. 109%.

RK

my ideal starting price is around 35, but even at this level it looks poised to outperform. its a very fast growing chain, but incredibly cheap despite their performance and returns.

Just a top notch retailer. Little debt and high sales- year after year. Ask anyone in the office and everyone has good things to say about josb. Especially for those that can't afford Brooks but don't like mens ware. What other choice do you have.

they are a well known suit company with plenty of comercials

Has runup too fast, too far (again).