JoS. A. Bank Clothiers Reports 41% Increase in Profits

JoS. A. Bank Clothiers, Inc. (Nasdaq Global Select Market: JOSB) announces that net income for the second quarter of fiscal year 2009 as compared to the second quarter of fiscal year 2008 increased 41% to over $12.5 million. Earnings per share for the second quarter of fiscal year 2009 increased 42% to $0.68 per share, as compared to $0.48 per share for the second quarter of fiscal year 2008. Total sales for the second quarter of fiscal year 2009 increased 9.8% to $167.7 million from $152.7 million in the second quarter of fiscal year 2008, while comparable store sales increased 6.2% and Direct Marketing sales decreased 6.7%. The second quarter of fiscal year 2009 ended August 1, 2009; the second quarter of fiscal year 2008 ended August 2, 2008.

"We are pleased to report another quarter of earnings growth for the Company,” commented R. Neal Black, President and CEO of JoS. A. Bank Clothiers, Inc. "With this quarter’s results, we have achieved earnings growth in 31 of the past 32 quarters when compared to the respective prior year periods, including 13 quarters in a row,” continued Mr. Black.

Comparing the first six months of fiscal year 2009 with the first six months of fiscal year 2008, net income increased 28% to $24.0 million, as compared to $18.7 million and earnings per share increased 26% to $1.29 per share, as compared to $1.02 per share. Total sales for the first six months of fiscal year 2009 increased 10.6% to $329.7 million from $298.1 million for the first six months of fiscal year 2008 while comparable store sales increased 5.2% and Direct Marketing sales increased 2.3%.

A conference call to discuss the second quarter of fiscal year 2009 earnings will be held Thursday, September 3, 2009 at 11:00 a.m. Eastern Time (ET). To join in the call please dial (USA) 800-230-1059 or (International) 612-332-0335 at least five minutes before 11:00 a.m. ET. A replay of the conference call will be available after 1:00 p.m. ET on September 3, 2009 until September 10, 2009 at 11:59 p.m. ET by dialing (USA) 800-475-6701 or (International) 320-365-3844. The access code for the replay will be 113855. In addition, a webcast replay of the conference call will be posted on the investor relations section of our website: www.josbank.com (select "Company Information” and "Investor Relations”).

All earnings per share amounts in this news release represent diluted earnings per share.

JoS. A. Bank Clothiers, Inc., established in 1905, is one of the nation's leading retailers of men's classically-styled tailored and casual clothing, sportswear, footwear and accessories. The Company sells its full product line through 467 stores in 42 states and the District of Columbia, a nationwide catalog and an e-commerce website that can be accessed at www.josbank.com. The Company is headquartered in Hampstead, Md., and its common stock is listed on the Nasdaq Global Select Market under the symbol "JOSB."

The Company's statements concerning future operations contained herein are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those forecast due to a variety of factors outside of the Company's control that can affect the Company's operating results, liquidity and financial condition. Such factors include risks associated with economic, weather, public health and other factors affecting consumer spending, including negative changes to consumer confidence and other recessionary pressures, higher energy and security costs, the successful implementation of the Company's growth strategy, including the ability of the Company to finance its expansion plans, the mix and pricing of goods sold, the effectiveness and profitability of new concepts, the market price of key raw materials such as wool and cotton, seasonality, merchandise trends and changing consumer preferences, the effectiveness of the Company's marketing programs, the availability of suitable lease sites for new stores, doing business on an international basis, the ability to source product from its global supplier base, legal matters and other competitive factors. The identified risk factors and other factors and risks that may affect the Company's business or future financial results are detailed in the Company's filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended January 31, 2009 and the Company's subsequent Quarterly Reports on Form 10-Q filed through the date hereof. These cautionary statements qualify all of the forward-looking statements the Company makes herein. The Company cannot assure you that the results or developments anticipated by the Company will be realized or, even if substantially realized, that those results or developments will result in the expected consequences for the Company or affect the Company, its business or its operations in the way the Company expects. The Company cautions you not to place undue reliance on these forward-looking statements, which speak only as of their respective dates. The Company does not undertake an obligation to update or revise any forward-looking statements to reflect actual results or changes in the Company's assumptions, estimates or projections. These risks should be carefully reviewed before making any investment decision.