Earnings roundup: Jo-Ann Stores, G-III Apparel

AP News
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Posted: Dec 02, 2009 5:24 PM

Among the earnings stories for Wednesday, Dec. 2, from AP Financial News:

HUDSON, Ohio (AP) _ Jo-Ann Stores Inc. said its third-quarter profit more than doubled as consumers bought more sewing and craft merchandise.

NEW YORK (AP) _ G-III Apparel Group Inc. shares rose after the apparel manufacturer posted a rise in its third-quarter profit, helped by demand for dresses and sports clothing, and lifted its profit and revenue outlook for fiscal 2010.

ST. PAUL, Minn. (AP) _ Medical device maker Synovis Life Technologies Inc. said its profit doubled during its fiscal fourth quarter on a boost in sales and a gain from investments.