JOANN Inc (JOAN) Misses Q3 EPS by 25c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/3/2026

1. AAPL
2. PLTR
3. VRTX
4. CRWD
5. CHKP
6. ON
7. HNGE
8. INSP
9. CVI
10. AXSM

Go back to JOANN Inc (JOAN) Misses Q3 EPS by 25c

JOANN Announces Third Quarter Fiscal 2023 Results

December 12, 2022 4:15 PM EST

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 nations category leader in sewing and one of the fastest growing competitors in the arts and crafts... More