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0.0140524485656332 0.0140524485656332 -0.0147783251231527 -0.0243407707910749 -0.0150680962039988 -0.0829542161692262 -0.0872210953346855 -0.116053317878876
Stock impact report

JOANN (JOAN) Q3 Loss Wider Than Expected, Sales Decline Y/Y [Yahoo! Finance]

JOANN, Inc. - common stock (JOAN) 
Company Research Source: Yahoo! Finance
This specialty retailer of sewing and fabrics, and arts and crafts category products reported a wider-than-expected loss. JOANN Inc. Price, Consensus and EPS Surprise JOANN Inc. price-consensus-eps-surprise-chart | JOANN Inc. Quote Operational Information JOANN reported satisfying results in the fiscal third quarter amid a fluctuating consumer environment. Its loyal customer base has shown increased engagement and the company is excelling in its core categories. It entered the fiscal fourth quarter with high-quality inventory. There was significant e-commerce growth, marked by double-digit increases, attributed to enhanced customer experience, site improvements and higher conversion rates. Customer engagement during Black Friday week was strong, aligning with JOANN's goal to provide value, inspiration and guidance for holiday season crafting. The ongoing "Focus, Simplify and Grow" cost-reduction initiative bodes well. Originally targeting $200 million in annual savings acr Show less Read more
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