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

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 crafts retailer blamed on inflation. Read More
Posted: Dec 12 2022, 16:50
Author Name: Market Watch
Views: 111514

JOAN News  

As Delivery Fees Pick Up, Primark, Joann Enhance BOPIS Offering

By PYMNTS
September 12, 2023

As Delivery Fees Pick Up, Primark, Joann Enhance BOPIS Offering

Today, consumers crave the ability to maximize their precious free moments, and convenience in shopping is the key to achieving this. more_horizontal

JOANN (JOAN) Loss Widens in Q2, E-Commerce Sales Increase Y/Y

By Zacks Investment Research
August 29, 2023

JOANN (JOAN) Loss Widens in Q2, E-Commerce Sales Increase Y/Y

JOANN's (JOAN) Q2 results reflect a decline in comparable sales. Nonetheless, the metric improves on a sequential basis. more_horizontal

JOANN Inc. (JOAN) Q2 2024 Earnings Call Transcript

By Seeking Alpha
August 28, 2023

JOANN Inc. (JOAN) Q2 2024 Earnings Call Transcript

JOANN Inc. (NASDAQ:JOAN ) Q2 2024 Earnings Call Transcript August 28, 2023 5:00 PM ET Company Participants Jason Wood - Vice President of Strategy and more_horizontal

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

By Zacks Investment Research
August 28, 2023

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

JOANN Inc. (JOAN) came out with a quarterly loss of $1.44 per share versus the Zacks Consensus Estimate of a loss of $1.16. This compares to loss of $ more_horizontal

Joann's stock rallies 20% as early Halloween, dorm décor offerings lift retailer's quarter

By Market Watch
August 28, 2023

Joann's stock rallies 20% as early Halloween, dorm décor offerings lift retailer's quarter

Joann Inc. shares jumped nearly 20% in extended trading Monday after the arts-and-crafts retailer said that early Halloween items and its line of dorm more_horizontal

Is Joann (JOAN) Stock the Next Big Short Squeeze?

By InvestorPlace
August 8, 2023

Is Joann (JOAN) Stock the Next Big Short Squeeze?

Joann (NASDAQ: JOAN ) stock has enjoyed an unexpected recent rally, lifting suspicions of a potential short squeeze in the making. Indeed, JOANN is up more_horizontal

JOANN Inc. (JOAN) Q1 2024 Earnings Call Transcript

By Seeking Alpha
June 5, 2023

JOANN Inc. (JOAN) Q1 2024 Earnings Call Transcript

JOANN Inc. (NASDAQ:JOAN ) Q1 2024 Q1 2024 Earnings Call Transcript June 5, 2023 5:00 PM ET Company Participants Jason Wood - Vice President Strategy a more_horizontal

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

By Zacks Investment Research
June 5, 2023

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

JOANN Inc. (JOAN) came out with a quarterly loss of $0.93 per share versus the Zacks Consensus Estimate of a loss of $0.62. This compares to loss of $ more_horizontal


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