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0 -0.000231039045598665 -0.000231039045598665 0.00116919759439346 0.050177479994119 0.050177479994119 0.0480771250341308 0.0242731021542641
Stock impact report

Joann Announces First Quarter Fiscal Year 2022 Results

JOANN, Inc. - common stock (JOAN) 
Company Research Source: GlobeNewswire
Strong top line performance and significant expansion of gross marginRevenue and total comparable sales both increased 15.0% over the same period last yearNet income increased $38.7 million to $15.1 million compared to the same period last year with diluted earnings per share (“EPS”) of $0.38 and adjusted EPS of $0.46 Adjusted EBITDA increased 165% to $57.5 million compared to the same period last year  HUDSON, Ohio, June 03, 2021 (GLOBE NEWSWIRE) -- JOANN Inc. (NASDAQ: JOAN) (“JOANN”), the nation’s category leader in sewing and one of the fastest growing competitors in the arts and crafts category, today reported results for its first fiscal quarter ending May 1, 2021.  Wade Miquelon, JOANN’s President and Chief Executive Officer, said, “Our first quarter performance is a strong indication of the sustained momentum we have in our business coming off our record performance in fiscal year 2021. The strength of the JOANN brand and compelling in-store experience continue to resonate Show less Read more
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