JOANN Inc. (JOAN) News

JOANN Inc. (JOAN): $3.75

0.32 (+9.33%)

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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.

JOANN Announces Participation at 2023 ICR Conference

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

Yahoo | January 4, 2023

JOANN Stock Is Not A Buy Despite Significant Correction

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...

GS Analytics on Seeking Alpha | December 15, 2022

JOANN Inc. (NASDAQ:JOAN) Q3 2023 Earnings Call Transcript

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 […]

Yahoo | December 14, 2022

JOANN Inc. (JOAN) Misses Q3 Earnings and Revenue Estimates

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?

Yahoo | December 12, 2022

JOANN Announces Third Quarter Fiscal 2023 Results

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

Yahoo | December 12, 2022

JOANN Schedules Third Quarter Fiscal 2023 Earnings Release and Conference Call

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

Yahoo | December 6, 2022

Signet (SIG) Q3 Earnings and Revenues Top Estimates

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?

Yahoo | December 6, 2022

Investors in JOANN (NASDAQ:JOAN) have unfortunately lost 46% over the last year

JOANN Inc. ( NASDAQ:JOAN ) shareholders should be happy to see the share price up 15% in the last month. But that...

Yahoo | November 11, 2022

Warning! Keep These 7 Dividend Stocks Out of Your Retirement Portfolio

These dividend stocks to avoid may seem attractive on paper, but are essentially value and dividend traps with little upside ahead

Muslim Farooque on InvestorPlace | October 28, 2022

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

Yahoo | October 10, 2022


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