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 2, 1998
                                   ---------------
                      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 June 10, 1998
----------------------------                     -------------------------------
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 2, 1998 and
                   May 3, 1997

                  Condensed Consolidated Balance                        4
                   Sheets - as of May 2, 1998 and
                   January 31, 1998

                  Condensed Consolidated Statements                     5
                   of Cash Flows -Three Months
                   ended May 2, 1998 and
                   May 3, 1997

                  Notes to Condensed Consolidated                     6-8
                   Financial Statements

         Item 2.  Management's Discussion and Analysis               9-11
                   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 2,                   May 3,
                                              1998                     1997
                                            -------                  -------

NET SALES                                   $43,383                  $38,655
Costs and expenses:
  Cost of goods sold                         22,151                   19,793
  General and administrative                  4,528                    4,120
  Sales and marketing                        14,670                   13,427
  Store opening costs                           240                       --
                                            -------                  -------
                                             41,589                   37,340
                                            -------                  -------

Operating  income                             1,794                    1,315

Interest expense, net                           437                      590
                                            -------                  -------

Income from continuing operations
  before provision for income taxes           1,357                      725
Provision for income taxes                      529                      288
                                            -------                  -------

INCOME FROM CONTINUING OPERATIONS               828                      437
Loss from discontinued operations               (51)                     (55)
                                            -------                  -------

NET INCOME                                  $   777                  $   382
                                            =======                  =======

Earnings per share:
Income from continuing operations:
     Basic                                    $0.12                    $0.06
     Diluted                                  $0.12                    $0.06
Discontinued operations (net of tax):
     Basic                                   $(0.01)                  $(0.01)
     Diluted                                 $(0.01)                  $(0.01)
Net income:
     Basic                                    $0.11                    $0.06
     Diluted                                  $0.11                    $0.06
Weighted average shares outstanding:
     Basic                                    6,791                    6,791
     Diluted                                  6,918                    6,827

                            See accompanying notes.

                                       3


<PAGE>


                 JOS. A. BANK CLOTHIERS, INC. AND SUBSIDIARIES
                     CONDENSED CONSOLIDATED BALANCE SHEETS
                           (In thousands) (Unaudited)

                                                         May 2,      January 31,
                                                          1998          1998
                                                        --------     -----------
ASSETS
Current Assets:

  Cash and cash equivalents                             $   677        $   564
  Accounts receivable                                     3,466          2,737
  Inventories:
    Raw materials                                         7,938          6,994
    Finished goods                                       39,016         33,120
                                                        -------        -------
      Total inventories                                  46,954         40,114
                                                        -------        -------
Prepaid expenses and other current assets                 4,695          4,338
Deferred income taxes                                     4,084          4,030
                                                        -------        -------
  Total current assets                                   59,876         51,783
                                                        -------        -------
Property, plant and equipment,
 at cost                                                 47,674         46,925
Accumulated depreciation and amortization               (24,917)       (24,818)
                                                        -------        -------
  Net property, plant and equipment                      22,757         22,107
                                                        -------        -------
Deferred income taxes                                     1,207          1,680
Other assets                                                713            791
Net noncurrent assets of discontinued operations            750            783
                                                        -------        -------
  TOTAL ASSETS                                          $85,303        $77,144
                                                        =======        =======

LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities:
  Accounts payable                                      $16,381         $13,319
  Accrued expenses                                       10,740           9,774
  Current portion of long-term debt                       1,720           1,885
  Net current liabilities of discontinued operations        438             663
                                                        -------         -------
    Total current liabilities                            29,279          25,641

Long-term liabilities                                    18,832          15,105
                                                        -------         -------

  Total liabilities                                      48,111          40,746
                                                        -------         -------
Shareholders' equity:
  Common stock                                               70              70
  Additional paid-in capital                             56,353          56,336
  Accumulated deficit                                   (17,311)        (18,088)
                                                        -------         -------
                                                         39,112          38,318
Less treasury stock                                      (1,920)         (1,920)
                                                        -------         -------

TOTAL SHAREHOLDERS' EQUITY                               37,192          36,398
                                                        -------         -------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY              $85,303         $77,144
                                                        =======         =======

                            See accompanying notes.

                                       4


<PAGE>


                 JOS. A. BANK CLOTHIERS, INC. AND SUBSIDIARIES
                CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                           (In thousands) (Unaudited)

                                                            Three Months Ended
                                                           --------------------
                                                            May 2,       May 3,
                                                             1998         1997
                                                           -------      -------
Cash flows from operating activities:
  Net income                                               $   777      $   382
  Loss from discontinued operations                             51           55
                                                           -------      -------
  Income from continuing operations                            828          437

Adjustments to reconcile net income
  to net cash provided by (used in)
  operating activities:
    Decrease in deferred taxes                                 419          240
    Depreciation and amortization                              950          854
    Net increase in operating working capital               (4,032)      (5,929)
                                                           -------      -------

NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES
  OF CONTINUING OPERATIONS                                  (1,835)      (4,398)
                                                           -------      -------

Cash flows from investing activities:
  Additions to property, plant and equipment                (1,550)        (599)
                                                           -------      -------

NET CASH USED IN INVESTING ACTIVITIES OF
  CONTINUING OPERATIONS                                     (1,550)        (599)
                                                           -------      -------

Cash flows from financing activities:
  Borrowings under long-term Credit Agreement               10,625       14,573
  Repayment under long-term Credit Agreement                (7,090)      (9,435)
  Borrowings of other long-term debt                           277           --
  Repayment of other long-term debt                            (88)         (98)
  Other                                                         17           --
                                                           -------      -------

    NET CASH PROVIDED BY FINANCING ACTIVITIES
      OF CONTINUING OPERATIONS                               3,741        5,040
                                                           -------      -------

Net cash used in discontinued operations                      (243)        (106)
                                                           -------      -------

Net increase (decrease) in cash and cash equivalents           113          (63)

Cash and cash equivalents - beginning of period                564          719
                                                           -------      -------

Cash and cash equivalents - end of period                  $   677      $   656
                                                           =======      =======

                            See accompanying notes.

                                       5


<PAGE>


                                                    Jos. A. Bank Clothiers, Inc.
                                                        S.E.C. Form 10-Q, 5/2/98

              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                  (Unaudited)

1. BASIS OF PRESENTATION

   Jos. A. Bank Clothiers, Inc. (the Company) is a 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 January 31, 1998 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, 5/2/98

3. WORKING CAPITAL

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

<TABLE>
<CAPTION>
                                                                        Three Months Ended
                                                                      -----------------------
                                                                       May 2,          May 3,
                                                                        1998            1997
                                                                      -------         -------
<S><C>
   Increase in accounts receivable                                    $  (729)        $  (342)
   Increase in inventories                                             (6,840)         (6,929)
   (Increase)decrease in prepaids and other assets                       (279)            424
   Increase in accounts payable                                         3,062           2,566
   Increase (decrease) in accrued expenses and other liabilities          754           1,648)
                                                                      -------         -------

   Net increase in operating working capital                          $(4,032)        $(5,929)
                                                                      =======         =======
</TABLE>

4. NEW ACCOUNTING STANDARDS

   Earnings Per Share - During 1997, the Financial Accounting Standards Board
   (FASB) issued Statement No. 128 (SFAS No. 128), "Earnings Per Share," which
   establishes new standards for computing and presenting earnings per share.
   The Company has adopted SFAS No. 128 and restated earnings per share data
   presented to reflect the new standard. SFAS No. 128 requires presentation
   of basic earnings per share and diluted earnings per share.  The weighted
   average shares used to calculate basic and diluted earnings per share in
   accordance with SFAS No. 128 is as follows:


<TABLE>
<CAPTION>
                                                                        Three Month Ended
                                                                       -------------------
                                                                       May 2,       May 3,
                                                                        1998         1997
                                                                       -----        ------
<S><C>
       Weighted average shares outstanding for basic EPS               6,791         6,791

       Diluted EPS:
       Dilutive effect of common stock equivalents                       127            36
                                                                       -----         -----

       Weighted average shares outstanding for                         6,918         6,827
       diluted EPS                                                     =====         =====
</TABLE>

   Weighted average shares outstanding for calculating dilutive EPS include
   basic shares outstanding, plus shares issuable upon the exercise of stock
   options, using the treasury stock method.

   Reclassifications - Certain reclassifications have been made to the May 3,
   1997 financial statements in order to conform with the May 2, 1998,
   presentation.

                                       7



<PAGE>

                                                   Jos. A. Bank Clothiers, Inc.
                                                       S.E.C. Form 10-Q, 5/2/98

5.  DISCONTINUED OPERATIONS

    In January 1998, the Company formalized a plan to dispose of its
    manufacturing operations. Accordingly, the consolidated financial statements
    have been presented to reflect the disposition of the manufacturing
    operations as discontinued operations. The revenues, costs and expenses,
    assets and liabilities, and cash flows of the manufacturing operations have
    been excluded from the respective captions in the Consolidated Statements of
    Income, Consolidated Balance Sheets and Consolidated Statements of Cash
    Flows and the related footnotes included herein.

    In April 1998, the Company entered into an agreement which included the
    disposition of the Company's manufacturing operations. Based upon the
    agreement, an estimated loss on disposal of $2.5 million was reported net of
    an income tax benefit of $1.0 million for an after-tax loss of $1.5 million
    during the fiscal year ended January 31, 1998.

    Summarized financial information for the discontinued operations is as
    follows (in thousands):


                                                       May 2,        Jan 31,
                                                        1998          1998
                                                       ------        ------

            Loss before income taxes                   $  (84)       $ (374)
            Net loss                                   $  (51)       $ (266)
                                                       ------        ------
            Current assets                             $3,743        $3,839
            Less current liabilities                    4,181         4,502
                                                       ------        ------
            Net current assets (liabilities)           $ (438)       $ (663)
                                                       ------        ------

            Noncurrent assets                          $  991        $1,028
            Noncurrent liabilities                        241           245
                                                       ------        ------
            Net noncurrent assets                      $  750        $  783
                                                       ------        ------

            Revenues of the manufacturing operations primarily represent
            intercompany sales which have been eliminated in consolidation.

            Net current and noncurrent assets/liabilities of discontinued
            operations noted above includes inventories, plant and equipment,
            pension termination and other transaction costs associated with the
            discontinued manufacturing operations.


                                       8


<PAGE>

                                                   Jos. A. Bank Clothiers, Inc.
                                                         S.E.C.Form 10-Q 5/2/98

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 January 31, 1998.

OVERVIEW - The Company's income from continuing operations for the quarter ended
May 2, 1998 increased to $.8 million or $.12 per share compared to $.4 million
or $.06 per share for the same period in 1997. This improvement was due
primarily to higher sales attributable to an increase in comparable store sales
and the opening of 15 new stores since May 3, 1997.

The Company continues to pursue its expansion strategy of opening new stores in
existing markets and opened seven new stores in existing markets during the
quarter. This provides the Company with greater leverage of selling, marketing
and general and administrative expenses.

The Company's availability under the Credit Agreement increased to $25.6 million
as of May 2, 1998 which was $11.8 million higher than the same time last year.

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.

                                                       Percentage of Net Sales
                                                            Quarter Ended
                                                       -----------------------
                                                         May 2,        May 3,
                                                          1998          1997
                                                         ------        ------

Net Sales.........................................       100.0%        100.0%
Cost of goods sold................................        51.1          51.2
                                                         -----         -----

Gross profit......................................        48.9          48.8
General and administrative expenses...............        10.4          10.7
Sales and marketing expenses......................        33.8          34.7
Store opening costs...............................          .6            --
                                                         -----         -----

Operating income..................................         4.1           3.4
Interest expense, net.............................         1.0           1.5
                                                         -----         -----

Income from continuing operations before income taxes      3.1           1.9
Provision for income taxes........................         1.2           0.7
                                                         -----         -----
Income from continuing operations.................         1.9           1.1
Loss from discontinued operations, net............        (0.1)         (0.1)
                                                         -----         -----

Net income........................................         1.8%          1.0%
                                                         =====         =====

                                       9


<PAGE>

                                                   Jos. A. Bank Clothiers, Inc.
                                                         S.E.C.Form 10-Q 5/2/98

NET SALES - Net sales increased 12.2 percent to $43.4 million in the first
quarter of 1998 from $38.7 million in the same period last year. Comparable
store sales increased 5.0 percent in the quarter compared to a 1.5 percent
decline in the first quarter of 1997. The increase in comparable stores was
achieved despite the opening of 15 new stores in the existing markets in the
past 12 months. Sales generated by the new stores are not included in comparable
sales. Catalog sales decreased 10.2 percent in the first quarter despite an 18.0
percent decrease in catalog circulation.

COST OF GOODS SOLD - Gross profit increased $2.3 million to $21.2 million in the
first quarter of 1998 compared to $18.9 million for the same period in the prior
year. Gross profit as a percent of sales remained strong and increased .1
percent over the same period in the prior year, reflecting strong performance in
all major categories especially sportcoats and slacks.

GENERAL AND ADMINISTRATIVE EXPENSES - General and administrative expenses
decreased to 10.4 percent of sales in the first quarter of 1998 compared to 10.7
percent in the first quarter of 1997. This improvement reflects the Company's
continued effort to control overhead costs while growing the business.

SALES AND MARKETING EXPENSES - Sales and marketing expenses (which include store
and catalog payroll, marketing and occupancy expenses, among others) decreased
 .9 percent of sales to 33.8 percent in the first quarter of 1998 from 34.7
percent in the same period in the prior year. This improvement is primarily the
result of achieving existing store sales increases while maintaining appropriate
staffing levels in stores, sales generated by new stores in existing markets and
a strong response to the catalog mailings.

INTEREST EXPENSE - Interest expense was $.2 million lower in the first quarter
of 1998 compared to the same period in 1997 due primarily to a $6.8 million
decrease in total debt outstanding at May 2, 1998 compared to May 3, 1997.

INCOME TAXES - At May 2, 1998, the Company had approximately $14.0 million of
tax net operating loss carryforwards (NOLs) which expire through 2010. SFAS No.
109 requires that the tax benefit of such NOLs be recorded as an asset to the
extent that management assesses the utilization of such NOLs to be "more likely
than not". Realization of the future tax benefits is dependent on the Company's
ability to generate taxable income within the carryforward period. Future levels
of operating income are dependent upon general economic conditions, including
interest rates and general levels of economic activity, competitive pressures on
sales and margins and other factors beyond the Company's control. Therefore no
assurance can be given that sufficient taxable income will be generated for full
utilization of the NOLs.

Management has determined, based on the Company's history of earnings, that
future earnings of the Company will more likely than not be sufficient to
utilize at least $10 million of NOLs prior to their expiration. Accordingly, the
Company has recorded a deferred tax asset of $4 million and a valuation
allowance of $1.4 million relating to the NOLs. Management believes that
although the prior earnings and current year operating results might justify a
higher amount, the recorded asset represents a reasonable estimate of the future
utilization of the NOLs. The Company will continue to evaluate the likelihood of
future profit and the necessity of future adjustments to the deferred tax asset
valuation allowance.

                                       10


<PAGE>

                                                   Jos. A. Bank Clothiers, Inc.
                                                         S.E.C.Form 10-Q 5/2/98

LIQUIDITY AND CAPITAL RESOURCES - At May 2, 1998 the Company had outstanding
borrowings of $16.7 million with $25.6 million of availability under its Credit
Agreement compared to borrowings of $23.1 million and availability of $13.8
million at the same time last year. The Company's availability at May 2, 1998
increased $11.8 million compared to the same time in 1997. The increase in
availability was generated principally by cash provided by operating activities
during the preceding twelve months and a higher borrowing base created by an
additional $4.0 million term loan facility which was obtained in September,
1997.

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 2,      May 3,
                                                              1998        1997
                                                            -------     -------
Cash provided by (used in):

       Operating activities                                 $(1,835)    $(4,398)
       Investing activities                                  (1,550)       (599)
       Financing activities                                   3,741       5,040
       Discontinued  operations                                (243)       (106)
                                                            -------     -------
Net increase (decrease) in cash and cash equivalents        $   113     $   (63)
                                                            =======     =======

Cash used by operating activities was due primarily to higher inventory levels
to support new stores, although the average inventory per store decreased. Cash
used in investing activities relates primarily to improvements to new stores.
Cash provided by financing activities represents primarily borrowings on the
revolving loan.

The Company expects to spend between $6.0 and $7.0 million on capital
expenditures in 1998, primarily to open up to 17 new stores and to relocate two
existing stores. The store expansion program is being financed through
operations and the Credit Agreement. The Company also expects to open up to 46
additional stores (including 12 relocations) beyond 1998, mostly in existing
markets. The Company believes that its existing markets can support these
additional stores which will provide leverage for its management, distribution,
advertising and sourcing infrastructure. To support this growth, the Company
expects to upgrade certain information systems and its existing distribution
center in 1998 and 1999. The Company believes that its current liquidity and its
Credit Agreement will be adequate to support its current working capital and
investment needs. Further expansion beyond 1998 may necessitate revised
financing arrangements for the Company.

The Company's plans and beliefs concerning future operations 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 such as risks associated
with economic, weather and other factors affecting consumer spending, the mix of
goods sold, pricing, availability of lease sites for new stores and other
competitive factors.

                                       11

<PAGE>


                                                   Jos. A. Bank Clothiers, Inc.
                                                         S.E.C.Form 10-Q 5/2/98

PART 2.  OTHER INFORMATION

Item 6.  Exhibits
-----------------

Exhibits

10.15   Brookhill Lease Agreement, filed herewith
10.15a  First Amendment to Brookhill Lease Agreement, filed herewith
10.16   Brookhill Sublease Agreement, filed herewith
10.17   North Avenue Lease Agreement, filed herewith
27.0    Financial Date Schedule, filed herewith

                                       12


<PAGE>


                                                   Jos. A. Bank Clothiers, Inc.
                                                         S.E.C.Form 10-Q 5/2/98

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 15, 1998         Jos. A. Bank Clothiers, Inc.
                              (Registrant)





                              /s/: David E. Ullman
                              _________________________________________________
                              Executive Vice President, Chief Financial Officer

                                       13