{"id":413300,"date":"2010-03-10T16:20:42","date_gmt":"2010-03-10T21:20:42","guid":{"rendered":"http:\/\/www.businessinsider.com\/jo-ann-fabrics-is-killing-it-in-this-economy-beats-street-estimates-on-q4-earnings-2010-3"},"modified":"2010-03-10T16:20:42","modified_gmt":"2010-03-10T21:20:42","slug":"jo-ann-fabrics-is-killing-it-in-this-economy-beats-street-estimates-on-q4-earnings-jas","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/413300","title":{"rendered":"Jo Ann Fabrics Is Killing It In This Economy, Beats Street Estimates On Q4 Earnings (JAS)"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4b980b917f8b9ade39230100-324-243\/jo-ann-fabrics.jpg\" border=\"0\" alt=\"Jo Ann Fabrics\" width=\"324\" height=\"243\" \/><\/p>\n<p>Jo Ann Stores (JAS), owner of Jo Ann Fabrics, just came out with their Q4 earnings.<\/p>\n<p>And guess what? <a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748704655004575113991655865532.html?mod=djemalertNEWS\">They were very solid<\/a>.<\/p>\n<p>Apparently, demand for cloth, mothballs and wood glue is on the rise. Fourth quarter revenue was $602.2 million versus a Street consensus of of 600.4 million. Same store sales are up 4.4%.<\/p>\n<p>And their outlook is positive, too. Jo Ann Stores sees FY11 SSS up 2.5%-3.5% and earnings per share of $2.75 to $2.90 versus the consensus of $2.85.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/jo-ann-fabrics-is-killing-it-in-this-economy-beats-street-estimates-on-q4-earnings-2010-3#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/buying-old-stamps-and-other-non-productive-assets-with-psychological-value-outperforms-gold-2010-2\">Want A Non-Productive &#8216;Hard Asset&#8217; With Psychological Value That Beats Gold? Buy Collectibles And Art<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/average-weekly-earnings-february-2010-3\">Average Weekly Earnings: February 2010<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/radio-shack-reports-killer-earnings-but-the-market-could-care-less-2010-2\">RadioShack&#8217;s Earnings Just Exposed How Greedy Investors Have Become<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/m0xrcHetTr8\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jo Ann Stores (JAS), owner of Jo Ann Fabrics, just came out with their Q4 earnings. And guess what? They were very solid. Apparently, demand for cloth, mothballs and wood glue is on the rise. Fourth quarter revenue was $602.2 million versus a Street consensus of of 600.4 million. Same store sales are up 4.4%. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-413300","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/413300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=413300"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/413300\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=413300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=413300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=413300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}