-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JeyRWTSf2fcngtHloonXvWxrnxzKFZTs4fsFedQ86q6VtU5+RP0prlkcUbdBRcHC SLcrMtW6HgnAW/RxVOSTTw== 0000950152-03-007362.txt : 20030806 0000950152-03-007362.hdr.sgml : 20030806 20030806101432 ACCESSION NUMBER: 0000950152-03-007362 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030806 ITEM INFORMATION: FILED AS OF DATE: 20030806 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JO-ANN STORES INC CENTRAL INDEX KEY: 0000034151 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-MISCELLANEOUS SHOPPING GOODS STORES [5940] IRS NUMBER: 340720629 STATE OF INCORPORATION: OH FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06695 FILM NUMBER: 03825225 BUSINESS ADDRESS: STREET 1: 5555 DARROW RD CITY: HUDSON STATE: OH ZIP: 44236 BUSINESS PHONE: 2166562600 MAIL ADDRESS: STREET 1: 5555 DARROW ROAD CITY: HUDSON STATE: OH ZIP: 44236 FORMER COMPANY: FORMER CONFORMED NAME: FABRI CENTERS OF AMERICA INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: CLEVELAND FABRIC SHOPS INC NUMBER THREE DATE OF NAME CHANGE: 19681216 FORMER COMPANY: FORMER CONFORMED NAME: CLEVELAND FABRIC SHOPS INC DATE OF NAME CHANGE: 19681216 8-K 1 l02519ae8vk.txt JO-ANN STORES, INC. ================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) AUGUST 6, 2003 COMMISSION FILE NO. 1-6695 ---------- JO-ANN STORES, INC. (Exact name of Registrant as specified in its charter) OHIO 34-0720629 (State or other jurisdiction of (I.R.S. Employer Identification No.) incorporation or organization) 5555 DARROW ROAD, HUDSON, OHIO 44236 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (330) 656-2600 N/A (Former name or former address, if changed since last report) ================================================================================ ITEM 12. RESULTS OF OPERATIONS AND FINANCIAL CONDITION. The information contained in this Current Report on Form 8-K, including the exhibit attached hereto, is being furnished to the Securities and Exchange Commission and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. Furthermore, the information contained in this Current Report on Form 8-K shall not be deemed to be incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended. On August 6, 2003, Jo-Ann Stores, Inc. issued a press release announcing, among other things, its sales results for the period ended August 2, 2003. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. JO-ANN STORES, INC. (Registrant) Date: August 6, 2003 By: /s/ Brian P. Carney ------------------------ Name: Brian P. Carney Title: Executive Vice President and Chief Financial Officer EXHIBIT INDEX Exhibit Number Description 99.1 Press Release of Jo-Ann Stores, Inc., dated August 6, 2003. EX-99.1 3 l02519aexv99w1.txt EX-99.1 PRESS RELEASE EXHIBIT 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE CONTACT: Brian Carney Investor Relations: Executive Vice President, CFO Don Tomoff Jo-Ann Stores, Inc. Vice President, Finance 330-656-2600 Jo-Ann Stores, Inc. http://www.joann.com 330-463-6815 JO-ANN STORES ANNOUNCES 9.2% SAME-STORE SALES INCREASE IN JULY HUDSON, OH--August 6, 2003 - Jo-Ann Stores, Inc. (NYSE: JAS.A and JAS.B) reported today that July net sales increased 8.7% to $114.3 million from $105.2 million for the same period last year. July same-store sales increased 9.2%, versus a 6.7% same-store sales increase last year. Net sales for the second quarter ended August 2, 2003 increased 1.6% to $359.2 million from $353.7 million a year ago. Same-store sales for the second quarter increased 2.4% versus a same-store sales increase of 7.7% for the same period last year. Year-to-date net sales increased 1.1% to $734.0 million from $726.1 million in the prior year. Year-to-date same-store sales increased 2.5%, versus a same-store sales increase of 10.6% for the six-month period ending August 3, 2002. Sales for the month of July were aided by the acceleration of clearance sale events this year that occurred in August of last year. The Company achieved a strong same-store sales performance for July, but the gross margin rate for the month was lower than last year due to the clearance events. Margin dollars generated during the month were in-line with management's expectations. The Company will report second quarter results on August 18, 2003. In conjunction with the second quarter earnings release, investors are invited to listen to the earnings conference call to be broadcast live over the Internet at 4:30 p.m. Eastern time on August 18, 2003. The earnings release will provide access information. Jo-Ann Stores, Inc. (http://www.joann.com), the leading national fabric and craft retailer with locations in 47 states, operates 826 Jo-Ann Fabrics and Crafts traditional stores and 83 Jo-Ann superstores. ## -----END PRIVACY-ENHANCED MESSAGE-----