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Jo-Ann Same-store sales drop in Q4
10
Feb '09
Jo-Ann Stores Inc., reported that net sales for the fourth quarter ended January 31, 2009, were $571.9 million compared to $585.9 million in the prior year. Same-store sales for the fourth quarter decreased 2.9% versus a same-store sales increase of 3.3% last year.

Net sales for fiscal 2009 were $1.901 billion versus $1.879 billion last year. Same-store sales for the full fiscal year increased 0.5% versus a same-store sales increase of 3.5% last year.

Jo-Ann Stores Inc

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Courtesy: India ITME

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