JOANN Inc. reported earnings results for the first quarter ended April 29, 2023. For the first quarter, the company reported sales was USD 478.1 million compared to USD 498 million a year ago. Net loss was USD 54.2 million compared to USD 35.1 million a year ago.

Basic loss per share from continuing operations was USD 1.31 compared to USD 0.86 a year ago. Diluted loss per share from continuing operations was USD 1.31 compared to USD 0.86 a year ago.