JOANN Inc. Reports Earnings Results for the Second Quarter and Six Months Ended July 31, 2022
For the six months, sales was USD 961.3 million compared to USD 1,071.3 million a year ago. Net loss was USD 92 million compared to net income of USD 20.3 million a year ago. Basic loss per share from continuing operations was USD 2.26 compared to basic earnings per share from continuing operations of USD 0.5 a year ago. Diluted loss per share from continuing operations was USD 2.26 compared to diluted earnings per share from continuing operations of USD 0.49 a year ago.