JOANN Inc. (JOAN) PT Lowered to $24 at BofA Securities

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Go back to JOANN Inc. (JOAN) PT Lowered to $24 at BofA Securities

JOANN Announces Second Quarter Fiscal Year 2022 Results

September 2, 2021 4:01 PM EDT

Net 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