JOANN Inc. (JOAN)

NASDAQ: JOAN · IEX Real-Time Price · USD
4.46
-0.16 (-3.46%)
At close: Feb 3, 2023, 4:00 PM
4.51
+0.05 (1.12%)
After-hours: Feb 3, 2023, 6:02 PM EST
-3.46%
Market Cap 181.91M
Revenue (ttm) 2.26B
Net Income (ttm) -95.90M
Shares Out 40.79M
EPS (ttm) -2.36
PE Ratio n/a
Forward PE 4.24
Dividend $0.43 (9.64%)
Ex-Dividend Date Sep 8, 2022
Volume 159,310
Open 4.60
Previous Close 4.62
Day's Range 4.37 - 4.67
52-Week Range 2.46 - 13.55
Beta n/a
Analysts Sell
Price Target 3.74 (-16.14%)
Earnings Date Mar 16, 2023

About JOAN

JOANN Inc. operates as a specialty retailer of sewing and fabrics, and arts and crafts category products in the United States. Its products in sewing category include cotton fabrics; warm fabrics, such as fleece and flannel fabrics; home decorating and utility fabrics and accessories; fashion and sportswear fabrics; special occasion fabrics; seasonally themed and licensed fabric designs; and sewing construction supplies comprising cutting implements, threads, zippers, trims, tapes, pins, elastic, and buttons, as well as patterns for sewing proj... [Read more]

IPO Date Mar 12, 2021
Employees 5,060
Stock Exchange NASDAQ
Ticker Symbol JOAN
Full Company Profile

Financial Performance

In 2022, JOANN's revenue was $2.42 billion, a decrease of -12.48% compared to the previous year's $2.76 billion. Earnings were $56.70 million, a decrease of -73.29%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for JOAN stock is "Sell." The 12-month stock price forecast is $3.74, which is a decrease of -16.14% from the latest price.

Price Target
$3.74
(-16.14% downside)
Analyst Consensus: Sell
Stock Forecasts

News

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of JOANN Inc. - JOAN

New York, New York--(Newsfile Corp. - December 30, 2022) - Pomerantz LLP is investigating claims on behalf of investors of JOANN Inc. ("JOANN" or the "Company") (NASDAQ: JOAN). Such investors are advi...

1 month ago - Newsfile Corp

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of JOANN Inc. - JOAN

New York, New York--(Newsfile Corp. - December 17, 2022) - Pomerantz LLP is investigating claims on behalf of investors of JOANN Inc. ("JOANN" or the "Company") (NASDAQ: JOAN). Such investors are advi...

1 month ago - Newsfile Corp

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?

1 month ago - Zacks Investment Research

Joann halts dividend, targets cost cuts to shore up balance sheet

Joann Inc. on Monday halted its dividend and targeted millions of dollars in cost cuts in order to shore up its balance sheet and liquidity after swinging to a surprise quarterly loss the arts and cra...

1 month ago - Market Watch

JOANN Announces Third Quarter Fiscal 2023 Results

HUDSON, Ohio, Dec. 12, 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, ...

1 month ago - GlobeNewsWire

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, ...

2 months ago - GlobeNewsWire

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

While high-yielding dividend stocks may provide the security investors want at this time, many of them could be dividend traps. These stocks come with high yields that are unlikely to be sustainable o...

Other symbols: ABIGCWHHOGVMCHCSG
3 months ago - InvestorPlace

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 The Broadway star partners with fabric and craft specialty retailer t...

4 months ago - GlobeNewsWire

JOANN Releases Initial Corporate Responsibility Impact Report

HUDSON, Ohio, Sept. 29, 2022 (GLOBE NEWSWIRE) -- JOANN [NASDAQ: JOAN], the nation's category leader in fabrics and sewing and one of the fastest-growing players in the arts and crafts space, today rel...

4 months ago - GlobeNewsWire

7 Dividend Stocks to Sell Before They Die

With stocks still in a bear market, adding dividend stocks may look very appealing right now. Even if the overall market keeps dropping, stocks with steady payouts could still produce positive returns...

Other symbols: BIGCBRLCWHHCSGMPWNCMI
4 months ago - InvestorPlace

JOANN Inc. (JOAN) Reports Q2 Loss, Tops Revenue Estimates

JOANN Inc. (JOAN) delivered earnings and revenue surprises of -15.38% and 2.17%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

JOANN Announces Second Quarter Fiscal 2023 Results

HUDSON, Ohio, Sept. 01, 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...

5 months ago - GlobeNewsWire

JOANN Announces Retail Finance Veteran Scott Sekella as CFO

Under Armour Executive Joins Fabric, Arts & Crafts Leader as Chief Financial Officer Under Armour Executive Joins Fabric, Arts & Crafts Leader as Chief Financial Officer

5 months ago - GlobeNewsWire

JOANN Declares Quarterly Dividend and Schedules Second Quarter Fiscal 2023 Conference Call

HUDSON, Ohio, Aug. 19, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of JOANN (NASDAQ: JOAN) has declared a quarterly dividend of 11 cents per common share. The dividend is payable on September 23, ...

6 months ago - GlobeNewsWire

Augmented Reality and Artificial Intelligence Art Experience Company Cupixel Raises $5M Led by JOANN Stores

Cupixel 's App Empowers Everyone to Experience the Benefits of Creativity Using Advanced Technologies  BOSTON , Aug. 10, 2022 /PRNewswire/ -- Cupixel, an experience start-up that brings the joy of cre...

6 months ago - PRNewsWire

7 Dividend Stocks to Avoid Despite Their Juicy Yields

Amongst the high yielders (dividend yield of 5% or higher), these seven should be considered dividend stocks to avoid. The post 7 Dividend Stocks to Avoid Despite Their Juicy Yields appeared first on ...

Other symbols: ARIBGSCCOIHCSGORCVGR
8 months ago - InvestorPlace

JOANN Announces the Addition of Mario Sampson to Leadership Team

Company hires retail veteran Sampson to lead Supply Chain organization into the future Company hires retail veteran Sampson to lead Supply Chain organization into the future

8 months ago - GlobeNewsWire

5 Short Squeeze Candidates To Watch This Week: TherapeuticsMD Tops List While This Arts And Crafts Retailer Joins The Leaderboard

Potential short squeeze plays gained steam in 2021, with new retail traders looking for the next huge move. A short squeeze can occur when a heavily shorted stock rises in value instead of falling.

Other symbols: TXMDBEEMELYMISIG
8 months ago - Benzinga

Joann Fabric stock drops on earnings, price target cuts

Yahoo Finance Live's Brian Cheung discusses the stock dip for Joann Fabric.

8 months ago - Yahoo Finance

JOANN Inc. (JOAN) Reports Q1 Loss, Misses Revenue Estimates

JOANN Inc. (JOAN) delivered earnings and revenue surprises of -414.29% and 2.92%, respectively, for the quarter ended April 2022. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Earnings Results: Retailer Joann says inflation, supply-chain problems are taking a toll

Joann Inc. stock fell more than 15% in the after-hours session Thursday after the sewing and crafts-supplies retailer swung to a surprise quarterly loss and reported lower sales, saying that it faced ...

8 months ago - Market Watch

JOANN Announces First Quarter Fiscal 2023 Results

HUDSON, Ohio, June 02, 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, ...

8 months ago - GlobeNewsWire

JOANN Announces Participation at William Blair Growth Stock Conference

HUDSON, Ohio, June 01, 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, ...

8 months ago - GlobeNewsWire

JOANN Declares Quarterly Dividend and Schedules First Quarter Fiscal 2023 Conference Call

HUDSON, Ohio, May 20, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of JOANN (NASDAQ: JOAN) has declared a quarterly dividend of 11 cents per common share. The dividend is payable on June 24, 2022 t...

9 months ago - GlobeNewsWire

JOANN Announces Participation in Shareholder Equity Conference

HUDSON, Ohio, March 21, 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,...

11 months ago - GlobeNewsWire