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Joann Inc   (JOAN)
Other Ticker:  
 
    Sector  Retail    Industry Specialty Retail
   Industry Specialty Retail
   Sector  Retail
 
Price: $0.1830 $-0.05 -20.573%
Day's High: $0.25 Week Perf: -27.15 %
Day's Low: $ 0.18 30 Day Perf: -68.43 %
Volume (M): 11,824 52 Wk High: $ 2.24
Volume (M$): $ 2,164 52 Wk Avg: $0.95
Open: $0.25 52 Wk Low: $0.18



 Market Capitalization (Millions $) 8
 Shares Outstanding (Millions) 42
 Employees 23,000
 Revenues (TTM) (Millions $) 2,365
 Net Income (TTM) (Millions $) 17
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 53

Joann Inc
Joann Inc., also known as Joann Stores, is an American specialty retailer of crafting and sewing supplies. The company was founded in 1943 by German immigrants Hilda and Berthold Reich and is currently headquartered in Hudson, Ohio. With over 865 stores across the United States, Joann Stores is one of the largest retailers of fabric and crafting supplies in the country.

Joann Inc. offers a broad range of crafting supplies, including fabrics, sewing machines, scrapbooking materials, yarns, and art supplies. The company also offers a range of classes and workshops for customers interested in learning new crafting and sewing techniques. Joann Stores is known for its excellent selection of products and materials, as well as its knowledgeable and friendly staff members who are always on hand to help customers with their projects.

In recent years, Joann Inc. has expanded its online store to offer a more convenient shopping experience for customers. The company's website offers a wide range of crafting and sewing supplies, as well as tutorials and project ideas. Joann also has a mobile app that allows customers to browse products, check out current sales, and even access personalized project suggestions.

Joann Inc. is committed to being an environmentally responsible company and has implemented a number of initiatives to reduce its carbon footprint. The company has implemented energy-efficient lighting and HVAC systems in its stores and has installed solar panels on the roofs of some of its locations.

In addition to its commitment to sustainability, Joann Inc. is known for its philanthropic efforts through the Joann Smiles program. Through this program, the company partners with various organizations to provide crafting supplies and classes to children in need, hospitals, and nursing homes.

Overall, Joann Inc. is a leading retailer in the crafting and sewing industry, offering a broad range of products and services to its customers both in-store and online. With a commitment to sustainability and philanthropy, the company is poised for continued growth and success in the future.


   Company Address: 5555 Darrow Road Hudson 44236 OH
   Company Phone Number: 656-2600   Stock Exchange / Ticker: NASDAQ JOAN
   JOAN is expected to report next financial results on April 03, 2024.


   

Stock Performances by Major Competitors

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Partnership

JOANN Ties up with Loose Ends, Breathes New Life into Unfinished Crafts and Hearts.

Published Tue, Jan 16 2024 2:01 PM UTC

In a heartfelt move bridging artistic passion with human connection, popular fabric and craft retail chain JOANN has announced a partnership with a unique nonprofit organization, the Loose Ends Project. This innovative alliance aims to help complete the unfinished crafts left behind by loved ones due to death or disability. Crafters, who often lovingly chip away at their pro...

Joann Inc

Joann Inc Witnesses Minor 4.087% Revenue Dip, Bolstering Construction Efforts Amid Recent Fiscal Challenges

Joann Inc. is a leading specialty retailer in the fabric and sewing industry, based in Hudson, Ohio. The company offers one of the largest assortments of arts and crafts products, making it the go-to destination for creative individuals. However, the third quarter of 2024 was challenging for Joann Inc., as lower revenue and increased losses were observed.
In the third quarter of 2024, Joann Inc. experienced a decline in revenue by -4.087% to $539.80 million, compared to the previous year's reporting period. This drop in revenue resulted in a larger shortfall per share at $-0.51, compared to $-0.43 per share realized in the same period a year ago. These figures indicate a decrease in profitability and suggest that Joann Inc. faced difficulties in generating sales during this period.

Product Service News

JOANN Launches Early Black Friday Deals to Drive Sales and Outperform Competitors During the Holiday Season

Published Mon, Nov 13 2023 6:00 PM UTC



HUDSON, Ohio, Nov. 13, 2023 - JOANN Inc. (NASDAQ: JOAN) (JOANN), the nation's leading category leader in sewing and fabrics with one of the largest arts and crafts offerings, is taking a strategic approach to beat the holiday rush this year. Understanding the importance of providing customers with convenient shopping options and exceptional savings, JOANN is intro...

Product Service News

JOANN Inc. Demonstrates Commitment to Corporate Responsibility with Impressive Impact Report

Published Mon, Nov 6 2023 6:00 PM UTC



JOANN Inc., the leading national provider of sewing and fabric products, has recently published its Corporate Responsibility Impact Report for Fiscal Year 2023. The comprehensive report showcases the company's remarkable progress and the implementation of its EVERGREEN Strategic Pillars. With a focus on sustainability, community engagement, and ethical practices, J...

Joann Inc

Joann Inc Reports Struggling Performance: Revenue Drops by 2%, Resulting in Significant Losses



In the financial interval ending July 29, 2023, Joann Inc reported weakening business performance, leading to significant losses. A decrease in revenue by -2.051% to $453.80 million and a higher shortfall per share were major contributors to the company's struggling financial results. This decline is in comparison to the previous reporting period, where the company experienced a shortfall of $-1.40 per share and a revenue decrease of -5.083% to $478.10 million. To provide further context, Joann Inc's net shortfall of $-73.300 million for this financial period was larger than the $-56.900 million recorded one year prior. Despite an increase in stockpiles due to the seasonal nature of the company's business, the current levels lag behind the previous year. The article will discuss the implications of these financial results and its impact on Joann Inc's stock performance.
Key Facts:
1. Revenue decreased by -2.051% to $453.80 million in the financial interval ending July 29, 2023, as compared to the previous reporting period.






 

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