Jo-Ann Stores (JAS) Reports Q1 Sales - Below Consensus
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Jo-Ann Stores, Inc. (NYSE: JAS) reported net sales, for the quarter ended May 5, 2007, decreased 0.1% to $424.2 million from $424.7 million in the prior year. (Consensus is $435.44 million)
Same-store sales for the quarter increased 1.8% versus a same-store sales decrease of 3.9% for the first quarter last year.
Same-store sales for the quarter increased 1.8% versus a same-store sales decrease of 3.9% for the first quarter last year.
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