DALLAS, April 12, 2010 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring Joe's Jeans Inc. (Nasdaq:JOEZ). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: http://www.stockpreacher.com/n/JOEZ
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Joe's Jeans Inc. (JOEZ) is engaged in designing, developing and marketing of its Joe's products, which include denim jeans, related casual wear and accessories. The Company designs, develops and markets, and relies on third parties to manufacture its apparel products. The Company sells its products to numerous retailers, which include department stores, specialty stores and distributors worldwide, and through its retail stores. JOEZ's primary operating subsidiary is Joe's Jeans Subsidiary Inc. In October 2008, the Company opened its first retail store in Chicago, Illinois, and operates one additional retail store in San Francisco, California, and four outlet stores in outlet centers around the country.
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In the report, the analyst notes:
"Net sales increased to $23,184,000 for the first quarter of fiscal 2010 from $16,482,000 for the first quarter of fiscal 2009, a 41% increase. This increase can be attributed to the addition of new product lines such as the shirt, the Ts, the pants and leggings, and growth in sales from the Company's retail stores.
"JOEZ announced recently that it has opened its first store that is part of the Company-planned nine-store expansion with Premium Outlets(R), a division of Simon Property Group. The new store is located in Desert Hills Premium Outlets in Cabazon, California, which is one of the world's most upscale outlet centers. With 130 stores, it is home to the largest collection of designer outlets on the west coast."
To read the entire report visit: http://www.stockpreacher.com/n/JOEZ
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