Outlook Roundup: Jo-Ann Stores, Astronics

Among the earnings projection stories for Wednesday, Aug. 26, from AP Financial News:

HUDSON, Ohio (AP) ¿ Fabric and craft retailer Jo-Ann Stores Inc. raised its full-year profit outlook as it reported second-quarter results that beat Wall Street expectations.

EAST AURORA, N.Y. (AP) ¿ Astronics Corp., which makes lighting and electronics systems for the aerospace industry, lowered its 2009 revenue guidance on continued weakness in the commercial business jet market.

LOS ANGELES (AP) ¿ Clothing supplier Guess Inc. forecast fiscal third-quarter earnings per share within range of Wall Street expectations.

Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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