Jos. A Bank Shares Are Getting Destroyed Right Now

Late Friday night, Jos. A Bank released a huge warning regarding its current year’s financial results.

Specifically, they said that earnings for the year would be down by 20 per cent.

Analysts were looking for a gain.

The stock is down around 16 per cent in pre-market trading. 

SEE ALSO: How Jos. A Bank Makes Money Buy Selling 1 Suit And Giving 7 Away For Free >

From MarketWatch:

jos a bank

Photo: MarketWatch

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