November 6, 2009, 12:00 AM

Web sales increased in Q3 for Jo-Ann

Jo-Ann Stores Inc. posted a moderate increase in Q3 web sales. E-commerce sales increased 6.2%, while total revenue and same-store sales increased 6% and 4.3%, respectively.

Jo-Ann Stores Inc. posted a moderate increase in third quarter web sales.

For the quarter ended Oct. 31, Jo-Ann, No. 256 in the Internet Retailer Top 500 Guide, reported:

  • Web sales increased 6.2% to $8.6 million from $8.1 million.
  • Total revenue grew 6.0% to $509.1 million from $480.1 million.
  • The web accounted for 1.7% of total sales in Q3 and in the prior year’s quarter.
  • Same-store sales increased 4.3%.
  • Joann, which will report its full third quarter numbers Dec. 2, didn’t break out figures for net income. “The company continued to experience strength in the majority of its fabric and sewing notions merchandise categories,” Jo-Ann says.

For the first three quarters, Jo-Ann reported:

  • Web sales increased 9.4% to $25.6 million from $23.4 million.
  • Total revenue grew 4.5% to $1.39 billion from $1.33 billion.
  • Same-store sales increased 2.5%.

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From The IR Blog

FPO

Philip Masiello / E-Commerce

3 reasons retailers fall short in email and social marketing

Reason one: They’re constantly trying to sell their customer, rather than to help and engage ...

FPO

Rotem Gal / E-Commerce

7 surprising e-commerce trends for 2017

Consumers will engage with products and brands in new ways online in the year ahead.

Research Guides

Advertisement