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Consolidated Investment Analysis for Jo‐Ann Stores   (NYSE:JAS)  Company Description  Jo-Ann Stores, Inc. (Jo-Ann Stores) is a specialty retailer of fabrics and crafts. The Company's retail stores (operating as Jo-Ann Fabric and Craft stores and Jo-Ann stores) and Website (www.Joann.com) feature a range of merchandise used in sewing, crafting and home decorating projects, including fabrics, notions, crafts, frames, paper crafting material, artificial floral, home accents, finished seasonal and home decor merchandise. As of January 30, 2010, Jo-Ann Stores operated 746 stores in 48 states (518 smallformat stores and 228 large-format stores). The Company's small-format stores offer a line of fabric and a range of crafts, artificial floral, finished seasonal and home decor merchandise. They average approximately 14,700 square feet. Its large-format stores offer an expanded product assortment than its small-format stores. The Company's large-format stores also offer framing and educational programs. Share Statistics   Symbol    JAS    Current Price  60.19    52wk Range  34.75‐ 60.80  Avg Vol (3m)  477,285 

       

EPS    Market Cap  52wk Change  P/E (ttm) 

3.36  1.58B  71.73%  18.15 

Financial Summary 

On December 01, 2010, Jo-Ann Stores Inc reported 3rd quarter 2011 earnings of 1.09 per share. This result was in line with the consensus of the 8 analysts following the company and exceeded last year's 3rd quarter results by 21.11%. The next earnings announcement is expected on March 07, 2011. Jo-Ann Stores Inc reported annual 2010 earnings of 2.48 per share on March 10, 2010. The next earnings announcement from Jo-Ann Stores Inc is expected the week of March 07, 2011. JAS had 3rd quarter 2011 revenues of 535.30m. This was 21.85% above the prior year's 3rd quarter results. JAS had revenues for the full year 2010 of 1.99bn. This was 4.71% above the prior year's results.


Analyst Consensus  Buy

Outperform

Hold

Underperform

Sell

No Opinion

This is the consensus forecast amongst 8 polled investment analysts. Analyst Detail

Buy

Outperform

Hold

Underperform

Sell

No Opinion

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The 6 analysts offering 12 month price targets for Jo-Ann Stores Inc (JAS:NYQ) have a median target of 57.50, with a high estimate of 61.00 and a low estimate of 47.00. The median estimate represents a -4.47% decrease from the last price of 60.19.    Technical Analysis Chart 

   


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JAS