Jos. A. Bank sales decline 16.1 percent in second...

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Jos. A. Bank sales decreased 16.1 percent in the second quarter, continuing a slump since being acquired more than two years ago. Net sales dropped to $186 million in the quarter ending June 30, owner Houston-based Tailored Brands Inc. (NYSE: TLRD) reported late Wednesday. Compared sales declined 16.3 percent, a figure Tailored Brands CEO Doug Ewert said was “in line” with expectations based on Jos. A. Bank’s 17.4 percent decline in the first quarter. Jos. A. Bank performed the worst out of Tailored…