Jo-Ann Stores quarterly sales up 4.4%

HUDSON, Ohio Jo-Ann Stores reported that net sales for the first quarter ended May 1 increased 4.4% to $480.3 million compared with $460 million for the same period last year. Same-store sales increased 4.1% versus a same-store sales increase of 1% for the first quarter last year.

The company reported that same-store sales for large-format stores increased 1.9% compared with a decrease of 0.6% in the first quarter last year. Small-format store net sales increased 4.9% to $212.8 million compared with the same period last year. Same-store sales for small-format stores increased 6.9% compared with an increase of 3% in the first quarter last year. Internet sales through Joann.com increased 8.4% to $10.3 million compared to the same period last year.