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

Suit & Tie

Where can you buy one suit, and get two absolutely free? JOSB of course.

Their response to slowing growth is entering the rental tux industry.

Much lower on very high volume. Warned of lower sales for 2013

Consistently delivers same store sales growth and is debt free and trades at a good valuation.

great suits at a great price. its where I buy my suits and many more that I know.

Inventory increase due to opening 3 stores first Q 75 new Factory 45 to 50 new stores
Net sales incresaed 4.2% first Q. 2012

Double digit top line AND bottom line growth over the past 3 years with a strong balance sheet. I don't live in the U.S. but I've been told this company has decent respect from the general population for the purposes of getting a low cost suit.

So what did I buy for $41.50? I bought a company that has $11.67 PER SHARE in cash and cash equivalents, and ZERO DEBT. So the better question is, what did I buy for $29.83 ($41.40-11.67). I bought a 10% grower for a P/E of 8.8. ROIC has also been consistenly impressive at 17-20% annually over the past decade. The company is really working on it's brand appeal and also jumping in the tuxedo market. Add in this great entry point and what do you have?...*drum role*... Epic value!

JOSB is a solid and stable company with a long history of being financially prudent. In recent years, the company has grown revenues and earnings consistently, and it looks to continue to do the same into the near future. Additionally, it sports a strong balance sheet with a lot of cash and no debt. These factors alone make it a strong consideration for a good investment.

The valuation of the company sweetens the deal even more. JOSB trades at a significant discount to its direct peers, and a significant discount to the transaction value based on what similar firms have been purchased for over the last seven years. Despite certain weaknesses pertaining to management’s long-term incentives, the company’s solid history and predictability of business results in the future should provide a significant return in the following years.

This has been a wonderful stock over the past decade. I unfortunately sold after tripling my money only to see it continue to grow. I am a believer in management and think this sell off could be a good entry point.

They have a very solid business model with low controlled costs. Excellent buying power due to private label merchandising

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.

valueline