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Jos. A Bank Shares Are Getting Destroyed Right Now

Jan 28, 2013, 19:44 IST

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

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

Analysts were looking for a gain.

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

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

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