Key take-aways from Joe's Jeans (JOEZ) Q2 2012 Earnings call transcript

Here are a few highlights from Joe's Jeans Q2/2012 earnings conference call:

1.  Joe's Jeans had record net sales in Q2/2012 and operating income increased by 82 percent.

2.  Joe's is continuing to open more retail stores.  It will be opening 2 new stores in August, which will bring its total to 25. 

3.  Overall gross margins are flat, but retail gross margins increased by 6 percentage points. 

4.  Sales of Joe's Jeans else brand is outperforming expectations.  However, the margin on the else brand is 10 points lower than Joe's premium brand. 

Copyright 2012 Jaygo's Earnings Conference Call Summaries


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