Jo-Ann sees 1Q sales gain
Meredith Schwartz -- Gifts & Dec, May 6, 2010
Hudson, Ohio – Jo-Ann Stores reported a 4.4% increase in sales to $460 million.
Comps rose 4.1% versus a same-store sales increase of 1.0% for the first quarter last year. Traffic increased 2.9% and average ticket increased 1.2%.
Fabric and sewing notions were the strongest categories. Non-sewing same-store sales increased 3.2% due to growth in core craft merchandise categories and positive same-store sales from seasonal categories.
The company will report full first quarter results May 26.
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