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Jos. A. Bank stock downgraded by Zacks

Jos. A. Bank stock downgraded by Zacks

With Jos. A. Bank Clothiers Inc. likely poised to announce year-end and fourth-quarter results this week, investors and analysts wonder just how bad it will be.

So far this year, stock in the Hampstead-based men's apparel chain has sat out the stock market rally, falling 6 percent even as the Nasdaq Composite Index rose 7 percent.

The concern stems from the retailer's January warning that its profit for the fiscal year ended Feb. 2 will be off 20 percent.

The problems prompted Zacks Investment Research to dub Jos. A. Bank its "bear of the day" in a report issued last week.

"The men's retailer has run catchy promotions for years, but now it seems...