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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 10 - Q/A-1
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
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For the Quarter Ended August 1, 1998 Commission File No. 1-6695
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JO-ANN STORES, INC.
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(Exact name of Registrant as specified in its charter)
Ohio 34-0720629
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(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
5555 Darrow Road
Hudson, Ohio 44236
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(Address of principal executive offices) (Zip Code)
(330) 656 - 2600
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(Registrant's telephone number)
Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.
Yes X No
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Indicate the number of shares outstanding of each of the issuer's
classes of common stock, as of the latest practicable date.
<TABLE>
<S> <C>
Shares of Class A Common Stock outstanding at September 11, 1998: 9,582,775
Shares of Class B Common Stock outstanding at September 11, 1998: 9,466,514
</TABLE>
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PART II OTHER INFORMATION
Item 4. Submission of Matters to a Vote of Security Holders
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a) An Annual Meeting of Shareholders of the Company was held June 4, 1998.
b) Ira Gumberg and Alma Zimmerman were elected to the Board of Directors
in the class whose term of office expires in 2001. Alan Rosskamm, Scott
Cowen and Gregg Searle continued as Directors in the class whose term
of office expires in 2000, and Betty Rosskamm and Frank Newman
continued as Directors in the class whose term of office expires in
1999. Samuel Krasney, whose term of office expired in 1999, resigned
from the Board of Directors and his position remains vacant.
c) (i) The nominees for Directors as listed in the proxy statement were
elected with the following vote:
Nominee Votes For Votes Withheld
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Ira Gumberg 8,594,491 192,555
Alma Zimmerman 8,591,957 195,089
(ii) The proposed adoption of the Fabri-Centers of America, Inc.
1998 Incentive Compensation Plan was approved by the following
vote:
<TABLE>
<CAPTION>
Votes For Votes Against Votes Withheld Broker Non-Vote
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<S> <C> <C> <C>
5,078,652 2,991,507 243,457 473,430
</TABLE>
(iii) The proposal to adopt a resolution changing the name of the
Company to "Jo-Ann Stores, Inc." was approved by the following
vote:
<TABLE>
<CAPTION>
Votes For Votes Against Votes Withheld Broker Non-Vote
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<S> <C> <C> <C>
8,494,439 33,821 219,786 39,000
</TABLE>
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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.
DATE: February 1, 1999 /s/ Brian P. Carney
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By: Brian P. Carney
Executive Vice President and
Chief Financial Officer
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