UPDATE: Telsey Downgrades JOANN Inc. (JOAN) to Market Perform
- Stocks decline as interest rate uncertainty, earnings weigh
- ASML slides as Q1 sales fall short but firm still on track for 2025 revenue target
- US dollar weakens as market consolidates gains, but uptrend intact
- Abbott Laboratories (ABT) narrows 2024 earnings guidance, shares slip
- Stocks have priced in much of the 2024 optimism - Wells Fargo
- Hasbro (HAS) Announces Resignation of Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming
- ICZOOM Group (IZM) Discloses Request to Withdraw Registration Statement on Form F-1
- Alaska Airlines flights resume after being grounded over aircraft system issue
- GE HealthCare (GEHC) Announces Resignation of Jan Makela, CEO of Imaging
- Barnes & Noble Education (BNED) Enters Definitive Agreement with Immersion (IMMR)
- After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
- After-hours movers: United Airlines, J.B. Hunt, and more
- Midday movers: Morgan Stanley, UnitedHealth rise; Tesla falls
- Morgan Stanley, UnitedHealth and Bank of America rise premarket; Tesla falls
JOANN Announces Second Quarter Fiscal Year 2022 Results
September 2, 2021 4:01 PM EDTNet sales of $496.9 million, a total comparable sales growth of 8.1% on a two-year basis Continued margin expansion driving gross profit dollar growth of 17.8% on a two-year basisNet income of $5.2 million or an increase of $173.0 million compared to the second quarter of fiscal 2020Adjusted EBITDA of $23.5 million or an increase of $27.8 million compared to the second quarter of fiscal 2020
HUDSON, Ohio, Sept. 02, 2021 (GLOBE NEWSWIRE) -- JOANN Inc. (NASDAQ: JOAN) (JOANN), the nations category leader... More