United States Securities and Exchange Commission
                              Washington, DC 20549


                                  FORM 10 - Q


[x]  Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange
     Act of 1934

     For the quarterly period ended    May 3, 1997

                          or

     Transition report pursuant to Section 13 or 15(d) of the Securities
     Exchange Act of 1934

     Commission File Number        0-23874


                          Jos. A. Bank Clothiers, Inc.

    Delaware                        5611                     36-3189198
---------------------          -----------------          ----------------
(State incorporation)          (Primary Standard          (I.R.S. Employer
                                Industrial                 Identification
                                Classification             Number)
                                Code Number)

500 Hanover Pike, Hampstead, MD                                       21074-2095
-------------------------------                                       ----------
                                      none
                       ----------------------------------
                       (Former name or former address, if
                           changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days.

                                            Yes  [ x ]    No [   ]

Indicate the number of shares of each of the issuer's  classes of common  stock,
as of the latest practicable date:

           Class                                 Outstanding as of May 30, 1997
  ----------------------------                   ------------------------------
  Common stock. $.01 par value                   6,791,152


<PAGE>


                          Jos. A. Bank Clothiers, Inc.

                                     Index

Part I.  Financial Information                                          Page No.

         Item 1.  Financial Statements

                  Condensed Consolidated Statements                       3
                     of Income - Three Months
                     ended May 3, 1997 and
                     May 4, 1996

                  Condensed Consolidated Balance                          4
                    Sheets - as of May 3, 1997 and
                    February 1, 1997

                  Condensed Consolidated Statements                       5
                    of Cash Flows -Three Months
                    ended May 3, 1997 and
                    May 4, 1996

                   Notes to Condensed Consolidated                        6-7
                    Financial Statements

         Item 2.  Management's Discussion and Analysis                    8-11
                  of Results of Operations and
                  Financial Condition

Part II. Other Information


         Item 6.  Exhibits and Reports on Form 8-K                        12

                  (a)      Exhibits - Exhibit 27-Financial Data
                           Schedule (EDGAR filing only)

Signatures                                                                13



                                       2




<PAGE>




PART I.  FINANCIAL INFORMATION

         Item 1.  Condensed Consolidated Financial Statements


                                   JOS. A. BANK CLOTHIERS, INC. AND SUBSIDIARIES
                                    Condensed Consolidated Statements of Income
                                        (In thousands except per share data)
                                                    (Unaudited)

                                                 Three Months Ended
                                              ------------------------
                                              May 3,            May 4,
                                               1997              1996
                                              ------            ------
Net sales                                     $38,655          $37,346
Costs and expenses:
  Cost of goods sold                           19,793           19,665
  General and administrative                    4,213            4,036
  Sales and marketing                          13,427           12,557
                                              -------          -------

                                               37,433           36,258
                                              -------          -------

Operating  income                               1,222            1,088

Interest expense, net                             590              715
                                              -------          -------

Income before provision
     for income taxes                             632              373
 Provision for income taxes                       250              145
                                              -------          -------

Net income                                    $   382          $   228
                                              =======          =======

Per share information:
Net income per share                          $  0.06          $  0.03
                                              =======          =======

Weighted average number of
  shares outstanding                            6,825            6,791
                                              =======          =======



                            See accompanying notes.

                                       3


<PAGE>




                  JOS. A. BANK CLOTHIERS, INC. AND SUBSIDIARY
                     Condensed Consolidated Balance Sheets
                           (In thousands) (Unaudited)

                                                    May 3,           February 1,
                                                     1997               1997
                                                   --------          -----------
ASSETS
Current Assets:
  Cash and cash equivalents                        $    656           $    719
  Accounts receivable                                 3,573              3,300
Inventories:
  Raw materials                                       5,844              4,062
  Work-in-process                                     5,823              4,717
  Finished goods                                     36,500             32,104
                                                   --------           --------
     Total inventories                               48,167             40,883
                                                   --------           --------

Prepaid expenses and other
  current assets                                      4,549              4,874
Deferred and refundable income taxes                  3,200              3,200
                                                   --------           --------
     Total current assets                            60,145             52,976
                                                   --------           --------

Property, plant and equipment,
     at cost                                         47,828             48,078
Accumulated depreciation and
     amortization                                   (25,248)           (25,238)
                                                   --------           --------
       Net property, plant and equipment             22,580             22,840
                                                   --------           --------

Deferred income taxes                                 3,843              4,083
Other assets                                          1,384              1,511
                                                   --------           --------
Total Assets                                       $ 87,952           $ 81,410
                                                   ========           ========

LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities:
  Accounts payable                                 $ 15,012           $ 12,357
  Accrued expenses                                    9,083             10,484
  Current portion of long-term debt                   1,423              1,504
                                                   --------           --------
     Total current liabilities                       25,518             24,345

Long-term liabilities                                26,353             21,366
                                                   --------           --------

     Total liabilities                               51,871             45,711
                                                   --------           --------

Shareholders' equity:
     Common stock                                        70                 70
     Additional paid-in capital                      56,336             56,336
     Accumulated deficit                            (18,405)           (18,787)
                                                   --------           --------
                                                     38,001             37,619
Less treasury stock                                  (1,920)            (1,920)
                                                   --------           --------

     Total shareholders' equity                      36,081             35,699
                                                   --------           --------
Total liabilities and shareholders' equity         $ 87,952           $ 81,410
                                                   ========           ========

                            See accompanying notes.

                                       4

<PAGE>


                 JOS. A. BANK CLOTHIERS, INC. AND SUBSIDIARIES
                Condensed Consolidated Statements of Cash Flows
                           (In thousands) (Unaudited)

<TABLE>
<CAPTION>
                                                                          Three Months Ended
                                                                       -----------------------
                                                                        May 3,          May 4,
                                                                         1997            1996
                                                                       -------          ------
<S> <C>
Cash flows from operating activities:
  Net income                                                           $   382         $   228
Adjustments to reconcile net income
  to net cash provided by (used in)
  operating activities:
    Decrease in deferred taxes                                             240           3,876
    Depreciation and amortization                                          916             992
    Net increase in operating
       working capital                                                  (6,014)         (1,994)

     Net cash provided by (used in) operating activities                (4,476)          3,102
                                                                       --------        -------

Cash flows from investing activities:
   Additions to property, plant and equipment                             (625)           (159)
   Proceeds from disposal of assets                                       -                 97
                                                                       --------        -------

     Net cash provided by (used in)
       investing activities                                               (625)            (62)
                                                                       --------        -------

Cash flows from financing activities:
  Borrowings under long-term Credit Agreement                           14,573          10,347
  Repayment under long-term Credit Agreement                            (9,435)        (13,026)
  Changes in other long-term debt, net                                    (100)           (216)
  Payments related to debt financing                                      -               (142)
                                                                       --------        -------

     Net cash provided by (used in) financing activities                 5,038          (3,037)
                                                                       --------        -------

Net increase (decrease) in cash and cash equivalents                       (63)              3

Cash and cash equivalents - beginning of period                            719             644
                                                                       --------        -------

Cash and cash equivalents - end of period                              $   656         $   647
                                                                       =======         =======
</TABLE>


                            See accompanying notes.

                                       5

<PAGE>


                                                    Jos. A. Bank Clothiers, Inc.
                                                        S.E.C. Form 10-Q, 5/3/97


              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                  (Unaudited)

1.       BASIS OF PRESENTATION

         Jos. A. Bank  Clothiers,  Inc.  (the Company)  is  a  manufacturer  and
         nationwide  retailer of classic  men's  clothing  through  conventional
         retail  stores  and  catalog   direct   marketing.   The   consolidated
         financial  statements include  the  accounts  of  the  Company  and its
         wholly-owned   subsidiaries.   All  significant  intercompany  balances
         and transactions have been eliminated in consolidation.

         The results of operations for the interim  periods shown in this report
         are not necessarily indicative of results to be expected for the fiscal
         year. In the opinion of management,  the information  contained  herein
         reflects all  adjustments  necessary to make the results of  operations
         for the interim  periods a fair  statement  of such  operations.  These
         adjustments are of a normal recurring nature.

         Certain notes and other information have been condensed or omitted from
         the interim financial  statements presented in this Quarterly Report on
         Form 10-Q.  Therefore,  these  financial  statements  should be read in
         conjunction  with the Company's  February 1, 1997 Annual Report on Form
         10-K.

2.       SIGNIFICANT ACCOUNTING POLICIES

         Inventories  are stated at the lower of  first-in,  first-out,  cost or
         market. The Company  capitalizes into inventories  certain  warehousing
         and  delivery  costs  associated  with  getting  its  manufactured  and
         purchased inventory to the point of sale.

         Costs  related to mail order  catalogs and  promotional  materials  are
         included in prepaid expenses and other current assets.  These costs are
         amortized  over the  expected  periods  of  benefit,  not to exceed six
         months.

         The Company  accounts for income taxes in accordance  with Statement of
         Financial  Accounting  Standards  No. 109  Accounting  for Income Taxes
         (SFAS 109). This standard requires, among other things,  recognition of
         future tax  benefits,  measured  by enacted tax rates  attributable  to
         deductible temporary differences between financial statement and income
         tax basis of  assets  and  liabilities  and to tax net  operating  loss
         carryforwards,  to the extent that realization of such benefits is more
         likely than not.


                                       6

<PAGE>




                                                    Jos. A. Bank Clothiers, Inc.
                                                        S.E.C. Form 10-Q, 5/3/97

3.       WORKING CAPITAL

         The  net  change  in  operating  working  capital  is  composed  of the
         following:

<TABLE>
<CAPTION>
                                                                 Three Months Ended
                                                                 ------------------
                                                                 May 3,      May 4,
                                                                  1997       1996
                                                                -------     -------
                                                                   (in thousands)
<S> <C>
         (Increase) in accounts receivable                      $  (273)    $(2,120)
         (Increase) decrease in inventories                      (7,284)      2,553
         Decrease in prepaids and other assets                      395         532
         Increase (decrease) in accounts payable                  2,655      (2,263)
         (Decrease) in accrued expenses and other liabilities    (1,507)       (696)
                                                                -------     -------

         Net (increase) in operating working capital            $(6,014)    $(1,994)
                                                                =======     =======
</TABLE>

4.       NEW ACCOUNTING STANDARDS

         During early 1997, the Financial Accounting Standards Board issued SFAS
         No. 128,  Earnings Per Share,"  which  becomes  effective  December 15,
         1997, and as to which early  adoption is not permitted.  Under SFAS No.
         128, a company  will be required to disclose  basic  earnings per share
         (with the  principal  difference  from  current  disclosure  being that
         common stock  equivalents  will not be considered in the compilation of
         basic earnings per share) and diluted  earnings per share. The adoption
         of this  pronouncement  will  require  restatement  of all prior period
         earnings per share data presented; however, the Company does not expect
         this change to be material to the historical earnings per share.





                                       7


<PAGE>




                                                    Jos. A. Bank Clothiers, Inc.
                                                        S.E.C. Form 10-Q, 5/3/97

         Item 2.  Management's Discussion and Analysis of Results of Operations
and Financial Condition

The  following  discussion  should  be read in  conjunction  with  the  attached
condensed  consolidated  financial  statements  and notes  thereto  and with the
Company's  audited  financial  statements  and notes thereto for the fiscal year
ended February 1, 1997.

Overview  - The  Company's  net  income  for the first  quarter of  fiscal  1997
increased  to $.4  million or $.06 per share  compared  to  net  income  of  $.2
million or $.03 per share for the same period in the prior year.

The  Company's  strategy of  expanding  its store base by  clustering  stores in
existing markets is performing well,  generating increased sales and profit. The
four new  full-line  stores that were opened in the fourth  quarter of 1996 have
generated  strong  contributions.  The  Company  has  finalized  leases  for six
additional  stores to be opened  between May and September  1997 and is actively
pursuing up to four  additional  sites to be opened in 1997.  These stores would
add  to  our  base  of 80 stores that were open at the beginning of fiscal 1997.
Comparable store sales decreased slightly by 1.5  percent  primarily  because of
the new stores opened in existing markets.

Catalog  operations  have generated  higher sales due primarily to the increased
catalog circulation and better response rates. During the first quarter of 1997,
the Company spent $.9 million more on advertising primarily for a national image
advertising  campaign  which is to be run  throughout  the  year  and  increased
catalog circulation in reaction to favorable response rates over the past year.

Gross profit improved  compared to 1996  as  all  product  categories  performed
better than last year, particularly  suits and ties.

The  Company's  availability  under the Credit  Agreement has increased to $13.1
million at May 30, 1997  compared  to $11.6  million at the same time last year.
Total debt outstanding  decreased $3.9 million from $23.5 million at May 3, 1997
compared to $27.4 million at May 4, 1996.

Results  of  Operations  - The  following  table is derived  from the  Company's
condensed  consolidated  statements  of income and sets  forth,  for the periods
indicated,  the items  included  in the  condensed  consolidated  statements  of
income, expressed as a percentage of net sales.



                                       8


<PAGE>


                                                    Jos. A. Bank Clothiers, Inc.
                                                          S.E.C.Form 10-Q 5/3/97

                                                      Percentage of Net Sales
                                                           Quarter Ended
                                                    --------------------------
                                                    May 3,              May 4,
                                                     1997                1996
                                                    ------              ------
Net Sales....................................       100.0%              100.0%
Cost of goods sold...........................        51.2                52.7
                                                    -----               -----

Gross profit.................................        48.8                47.3
General and administrative expenses..........        10.9                10.8
Sales and marketing expenses.................        34.7                33.6
                                                    -----               -----

Operating income.............................         3.0                 2.9
Interest expense, net........................         1.5                 1.9
                                                    -----               -----

Income before income taxes...................         1.6                 1.0
Provision for income taxes
  and related items..........................          .6                 0.4
                                                    -----               -----

Net income...................................         1.0%                0.6%
                                                    =====               =====

Net Sales - Total  retail  and  catalog  sales  increased  6.2  percent to $38.7
million in the first  quarter of 1997 from $36.4 million in the same period last
year.   (The  sales  for  1996   exclude  $.9  million  of  sales  for  contract
manufacturing work which the Company discontinued in the third quarter of 1996.)
The increase in sales reflects a 15 percent  increase in existing  markets where
three new stores were opened. In addition, catalog sales increased by 40 percent
during  the  quarter  on an  increase  of  approximately  20  percent in catalog
circulation.  Comparable  store sales  (those  opened  over one year)  decreased
slightly  by 1.5  percent  due to the  impact of new stores  opened in  existing
markets and an aggressive  promotional  campaign during April 1996. As expected,
the new stores are drawing  customers from our existing stores which reduces our
comparable store sales results.

Cost of Goods Sold - Gross  profit  improved  by 1.5  percentage  points for the
first  quarter  of 1997  compared  to the same  period in the prior  year.  This
improvement was consistent in all categories,  particularly in the higher margin
suits and ties.

General  and  Administrative  Expenses  - General  and  administrative  expenses
increased  $.2  million to $4.2  million in the quarter  compared  to 1996.  The
increase  was  primarily  related  to higher  professional  fees as the  Company
negotiated the extension of the contract with its manufacturing and distribution
union.

Sales and  Marketing  Expenses  - Sales and  marketing  expenses  increased  $.8
million in the first quarter of 1997  compared to 1996  primarily as a result of
higher  catalog  circulation  and a national  image  advertising  campaign.  The
Company  mailed  approximately  20 percent more catalogs in the first quarter of
1997 compared to the same period in 1996 in reaction to favorable  trends in the
catalog  operations  over the last year.  The  Company  expects to  continue  to
increase  catalog  circulation in 1997. The national image campaign is to be run
throughout  the  year on CNN  Headline  News and is  designed  to  increase  the
awareness of the Jos. A. Bank name.

                                       9

<PAGE>


                                                    Jos. A. Bank Clothiers, Inc.
                                                          S.E.C.Form 10-Q 5/3/97

Interest  Expense - Interest  expense was $.1 million lower in the first quarter
ended May 3, 1997  compared to the same period in 1996 due  primarily  to a $3.9
million  decrease in total debt  outstanding  at May 3, 1997  compared to May 4,
1996.

Income Taxes - The Company has net tax operating  loss  carryforwards  (NOLs) of
approximately  $20 million which expire  through 2011.  The NOLs were  generated
during periods in which the Company operated its women's business along with the
men's business,  primarily in fiscal 1995. In 1995, the Company discontinued its
women's business to focus its efforts on its men's business.  Realization of the
future  tax  benefits  of the NOLs is  dependent  on the  Company's  ability  to
generate  taxable  income  within  the  carryforward   period.   Management  has
determined,  based on the Company's  history of earnings,  its recent  operating
results and growth plans,  that future  earnings of the Company will more likely
than not be  sufficient  to  utilize  at least $16  million of the NOLs prior to
their expiration.  Accordingly, the Company has recorded a deferred tax asset of
$6.1 million relating to the NOLs.

The average minimum taxable income that the Company would need to generate prior
to the expiration of the NOLs would be less than the average taxable income that
the Company  earned  during  fiscal  years 1992  through  1994,  as adjusted for
unusual  charges.  Management  believes  that  although the recent  earnings and
estimated  future  earnings  might  justify a higher  amount,  the $6.1  million
represents a reasonable  estimate of the future utilization of the NOLs and will
continue to evaluate the likelihood of future profit and the necessity of future
adjustments to the deferred tax asset valuation  allowance.  No assurance can be
given that sufficient  taxable income will be generated for full  utilization of
the NOLs.

Liquidity  and Capital  Resources  - At May 3, 1997 the Company had  outstanding
borrowings of $23.1 million with $13.8 million of availability  under its Credit
Agreement  compared to  borrowings  of $26.2  million and  availability  of $9.7
million at the same time last year.  The Company's  availability  at May 3, 1997
has increased by $4.1 million compared to the same time in 1996. The increase in
availability  was  generated  principally  by better  terms with vendors and the
timing of inventory purchases.

The  following  table  summarizes  the  Company's  sources  and uses of funds as
reflected in the condensed consolidated statements of cash flows:

                                                           Three  Months Ended
                                                         -----------------------
                                                          May 3,         May 4,
                                                           1997           1996
                                                         --------       --------
Cash provided by (used in):
              Operating activities                       $(4,476)       $ 3,102
              Investing activities                          (625)           (62)
              Financing activities                         5,038         (3,037)
                                                         -------        -------
Net increase (decrease) in cash and cash equivalents     $   (63)       $     3
                                                         =======        =======

                                       10

<PAGE>
                                                    Jos. A. Bank Clothiers, Inc.
                                                          S.E.C.Form 10-Q 5/3/97

Cash used by operating  activities was due primarily to higher  inventory levels
to support  new stores and to add  product  categories.  Cash used in  investing
activities relates primarily to improvements to two new stores that will open in
the  second  quarter of 1997 and for  display  fixtures  to improve  merchandise
presentations in our stores.  Cash provided by financing  activities  represents
primarily borrowings on the revolving loan under the Credit Agreement.

The  Company  expects  to  spend  between  $4.0  and  $5.0  million  in  capital
expenditures to open up to ten new stores and renovate  existing stores in 1997.
The Company  believes that its current  liquidity and Credit  Agreement  will be
adequate to maintain its currently  anticipated  working  capital and investment
needs. The store expansion program is being financed through operations and  the
Company's Credit  Agreement.  Further  expansion  beyond  1998  may  necessitate
revised financing arrangements for the Company.

The  Company's  plans  and  beliefs   concerning   1997  contained   herein  are
forward-looking   statements  within  the  meaning  of  the  Private  Securities
Litigation  Reform Act of 1995.  Actual results may differ materially from those
forecast due to a variety of factors  that can  adversely  affect the  Company's
operating results, liquidity and financial condition.


                                       11

<PAGE>



PART 2.       OTHER INFORMATION


Item 6.  Exhibit

(a)      Exhibit 27 - Financial Data Schedule





                                       12

<PAGE>




                                                    Jos. A. Bank Clothiers, Inc.
                                                          S.E.C.Form 10-Q 5/3/97

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

Dated:  June 3, 1997           Jos. A. Bank Clothiers, Inc.
                                        (Registrant)





                               -----------------------------------------
                               David E. Ullman
                               Executive Vice President, Chief Financial Officer



                                       13