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JOAN News Highlights
- JOAN's 30 day story count now stands at 2.
- Over the past 20 days, the trend for JOAN's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
- AMP, FUN and SG are the most mentioned tickers in articles about JOAN.
Latest JOAN News From Around the Web
Below are the latest news stories about JOANN INC that investors may wish to consider to help them evaluate JOAN as an investment opportunity.
HUDSON, Ohio, Jan. 04, 2023 (GLOBE NEWSWIRE) -- JOANN Inc. (NASDAQ: JOAN) (“JOANN”), the nation’s category leader in sewing and one of the fastest growing competitors in the arts and crafts category, today announced that members of its management team will participate in the upcoming 2023 ICR Conference. Wade Miquelon, President and CEO, and Scott Sekella, CFO, are scheduled to participate in a fireside chat on Monday, January 9, 2022 at 11:30 a.m. Eastern Time. The audio portion of the fireside
JOANN (JOAN) recently reported lower-than-expected third-quarter FY23 financial results. The revenue in the quarter declined 7.9% Y/Y to $562.8 mn (vs. the consensus estimate of ~$570 mn). The adjusted EPS declined significantly Y/Y from $0.73 in Q3 FY21 to $0.06 (vs. the consensus estimate of $0.23). The decline in revenue was due to the pullback in demand for fall seasonal products as well as softness in the craft technology business, partially offset by increased sales related to Halloween. The adjusted EBITDA margin declined 480 bps Y/Y to 7.1% due to supply chain constraints, increased SG&A costs, and higher fuel rates. This led to a year-over-year decline in adjusted EPS in the quarter.
JOANN Revenue Analysis and Outlook
The total comparable sales in Q3...
JOANN Inc. (NASDAQ:JOAN) Q3 2023 Earnings Call Transcript December 12, 2022 Operator: Welcome to the JOANN Third Quarter Fiscal 2023 Earnings Conference Call. Please note, this event is being recorded. I would now like to turn the conference over to Ajay Jain, Head of Investor Relations. Please go ahead. Ajay Jain: Thank you, Chad, and […]
JOANN Inc. (JOAN) delivered earnings and revenue surprises of -50% and 1.75%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?
7.9% decline in net sales accompanied by a strong 8% increase in Halloween item performanceTargeting $200 million of cost savings from lower supply chain, product costs, and other operating expenses to maximize cash generation and liquidity in a challenging macro environmentPausing quarterly dividend to improve operational flexibility and strengthen balance sheet HUDSON, Ohio, Dec. 12, 2022 (GLOBE NEWSWIRE) -- JOANN Inc. (NASDAQ: JOAN) (“JOANN”), the nation’s category leader in sewing and one of
HUDSON, Ohio, Dec. 06, 2022 (GLOBE NEWSWIRE) -- JOANN Inc. (NASDAQ: JOAN) (“JOANN”), the nation’s category leader in sewing and one of the fastest growing competitors in the arts and crafts category, today announced plans to release its earnings for the third quarter Fiscal 2023 after the market closes on Monday, December 12, 2022. JOANN will host a conference call on the same day at 5:00 p.m. ET. The toll-free number to call for the live interactive teleconference is: 1 (844) 481-2750 and inter
Signet (SIG) delivered earnings and revenue surprises of 146.67% and 7.59%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?
JOANN Inc. ( NASDAQ:JOAN ) shareholders should be happy to see the share price up 15% in the last month. But that...
These dividend stocks to avoid may seem attractive on paper, but are essentially value and dividend traps with little upside ahead
JOANN and Sutton Foster Team Up for World Mental Health Day to Share the Positive Impact of Crafting
The Broadway star partners with fabric and craft specialty retailer to garner awareness for crafting wellness for all skill levels Sutton Foster Sutton Foster HUDSON, Ohio, Oct. 10, 2022 (GLOBE NEWSWIRE) -- This World Mental Health Day, JOANN, the nation’s category leader in fabrics and one of the fastest-growing players in the arts and crafts space, is partnering with actor and avid crafter Sutton Foster to shed light on the ways creating can improve mental health, and provide free access to cr