Jos. A. Bank Clothiers Inc. profits down in 3rd quarter

Net income decreased to $13.3 million, or 47 cents per share, in the three months that ended Oct. 27, the company said Wednesday

Earnings fell despite an 11 percent increase in total sales and a nearly 5 percent gain in same-store sales, the Hampstead-based company said. Total sales rose to $232.9 million from $209.6 million in the third quarter of 2011. Sales at stores open at least a year were up 4.8 percent and direct marketing sales rose 25.8 percent.

/>

/>/>/>/>