<p>Late Friday night, Jos. A Bank released a <a href="http://www.businessinsider.com/jos-a-bank-2012-earnings-warning-2013-1">huge warning</a> regarding its current year's financial results.</p>
<p>Specifically, they said that earnings for the year would be down by 20 percent.</p>
<p>Analysts were looking for a gain.</p>
<p>The stock is down around 16 percent in pre-market trading. </p>
<p><strong>SEE ALSO: <a href="http://www.businessinsider.com/jos-a-bank-business-model-2012-11">How Jos. A Bank Makes Money Buy Selling 1 Suit And Giving 7 Away For Free &gt;</a></strong></p>
<p>From <a href="http://www.marketwatch.com/investing/stock/josb">MarketWatch</a>:</p>
<p><table class="image-container" width="200"><tr><td><div class="image"><img src="http://static4.businessinsider.com/image/5106873f6bb3f79d4900000a-566-356/screen shot 2013-01-28 at 9.09.40 am.png" border="0" alt="jos a bank" /></div><p class="source"><a href="http://www.marketwatch.com/investing/stock/josb">MarketWatch</a></p></td></tr></table></p>

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BusinessInsider

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 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 &gt; From MarketWatch: MarketWatch

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

Jos. A Bank Shares Are Getting Destroyed Right Now

Sam Ro

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