Company research
JOANN Inc.
CIK 1834585Updated Sep 24, 2026
Securities
Historical securities (2)
JOAN · NYSE_AMERICAN · equity · closed Mar 27, 2024JOANQ · NASDAQ · equity · closed Apr 30, 2024Name history
Jo-Ann Stores Holdings Inc. · through Jan 28, 2021
JOAN price & chart
Historical security
This listing closed Mar 27, 2024. Live provider charts are shown only for current listings.
In the news
No coverage from other publishers is available.
Recent filings
No filing activity has been returned.
Financials
FY 2023 · USDSource
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balance sheet · annual statements
| Line item | FY 2023 | FY 2022 |
|---|---|---|
| ASSETS | ||
| AssetsUSD | 2,180,800,000Source | 2,362,200,000Source |
| Property, Plant and Equipment, NetUSD | 287,800,000Source | 256,800,000Source |
| GoodwillUSD | 162,000,000Source | 162,000,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 272,100,000Source | 370,300,000Source |
| Current assets: | ||
| Cash and Cash Equivalents, at Carrying ValueUSD | 20,200,000Source | 22,500,000Source |
| Inventory, NetUSD | 584,100,000Source | 658,600,000Source |
| Assets, CurrentUSD | 642,900,000Source | 720,300,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 38,600,000Source | 39,200,000Source |
| Operating Lease, Right-of-Use AssetUSD | 778,400,000Source | 818,000,000Source |
| Other Assets, NoncurrentUSD | 37,600,000Source | 34,800,000Source |
| LIABILITIES AND EQUITY | ||
| Stockholders’ equity: | ||
| Common Stock, Value, IssuedUSD | 400,000Source | 400,000Source |
| Retained Earnings (Accumulated Deficit)USD | -239,200,000Source | -24,900,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 8,300,000Source | 1,800,000Source |
| Stockholders' Equity Attributable to ParentUSD | -49,100,000Source | 149,800,000Source |
| Additional Paid in Capital, Common StockUSD | 208,000,000Source | 203,300,000Source |
| Liabilities and EquityUSD | 2,180,800,000Source | 2,362,200,000Source |
| Current liabilities: | ||
| Liabilities, CurrentUSD | 501,000,000Source | 576,800,000Source |
| Operating Lease, Liability, CurrentUSD | 177,500,000Source | 173,800,000Source |
| Accounts Payable, CurrentUSD | 197,500,000Source | 253,800,000Source |
| Operating Lease, Liability, NoncurrentUSD | 707,300,000Source | 733,000,000Source |
| Deferred Income Tax Liabilities, NetUSD | 16,900,000Source | 87,700,000Source |
| Other Liabilities, NoncurrentUSD | 28,700,000Source | 36,300,000Source |
| Additional Financial Items | ||
| Accrued Liabilities, CurrentUSD | 119,200,000Source | 142,400,000Source |
| Deferred Tax Liabilities, NetUSD | 316,900,000Source | 346,400,000Source |
| Long-term Debt, Excluding Current Maturities | — | — |
| Long-term Debt, Current MaturitiesUSD | 6,800,000Source | 6,800,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 976,000,000Source | 778,600,000Source |
cash flow · annual statements
| Line item | FY 2023 | FY 2022 |
|---|---|---|
| Cash flows from operating activities: | ||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 7,300,000Source | 2,500,000Source |
| Changes in operating assets and liabilities: | ||
| Increase (Decrease) in InventoriesUSD | -74,500,000Source | 102,700,000Source |
| Increase (Decrease) in Accounts PayableUSD | -56,300,000Source | 3,700,000Source |
| Deferred Income Tax Expense (Benefit)USD | -73,000,000Source | -400,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -75,200,000Source | -23,600,000Source |
| Cash flows from investing activities: | ||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -101,200,000Source | -13,200,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | 4,300,000Source | 2,200,000Source |
| Cash flows from financing activities: | ||
| Payments for Repurchase of Common StockUSD | 0Source | 20,000,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 174,100,000Source | 31,900,000Source |
| Dividends paid | — | — |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | 0Source | 200,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -2,300,000Source | -4,900,000Source |
| Supplemental disclosure of cash flow information: | ||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 60,900,000Source | 49,600,000Source |
| Income Taxes Paid, NetUSD | -8,800,000Source | 4,200,000Source |
| Additional Financial Items | ||
| Share-based Payment Arrangement, ExpenseUSD | 7,300,000Source | 2,500,000Source |
| Amortization of Debt Issuance CostsUSD | 6,400,000Source | 6,500,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 2,000,000Source | 2,500,000Source |
| Amortization of Intangible AssetsUSD | 8,500,000Source | 6,900,000Source |
| Deconsolidation, Revaluation of Retained Investment, Gain (Loss), AmountUSD | 1,000,000Source | — |
| DepreciationUSD | 71,900,000Source | 73,200,000Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | 8,700,000Source | 2,400,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | 0Source | -3,300,000Source |
| GoodwillUSD | 162,000,000Source | 162,000,000Source |
| Goodwill and Intangible Asset ImpairmentUSD | 95,000,000Source | 0Source |
| Goodwill, Impairment LossUSD | — | 0Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | 95,000,000Source | — |
| Income (Loss) from Equity Method InvestmentsUSD | -2,200,000Source | — |
| Income Tax Expense (Benefit)USD | -73,200,000Source | 13,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | -200,600,000Source | 56,700,000Source |
| Operating Lease, Impairment LossUSD | 171,500,000Source | 162,600,000Source |
| Payments of Financing CostsUSD | 0Source | 4,900,000Source |
| Proceeds from Issuance of Common StockUSD | 0Source | 76,900,000Source |
| Proceeds from Stock Options ExercisedUSD | 400,000Source | 1,800,000Source |
income statement · annual statements
| Line item | FY 2023 | FY 2022 |
|---|---|---|
| Total RevenueUSD | 2,216,900,000Source | 2,417,600,000Source |
| Cost of RevenueUSD | 1,176,600,000Source | 1,204,900,000Source |
| Gross Profit (Calculated) · Derived | — | — |
| Selling, General and Administrative ExpenseUSD | 1,073,500,000Source | 1,032,900,000Source |
| Operating Income (Loss)USD | -208,600,000Source | 99,700,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -271,600,000Source | 69,700,000Source |
| Income Tax Expense (Benefit)USD | -73,200,000Source | 13,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | -200,600,000Source | 56,700,000Source |
| Earnings Per Share, BasicUSD per share | -4.93Source | 1.39Source |
| Earnings Per Share, DilutedUSD per share | -4.93Source | 1.35Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 40.7Source | 40,805,319Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 40.7Source | 42,075,986Source |
| Additional Financial Items | ||
| Amortization of Intangible AssetsUSD | 8,500,000Source | 6,900,000Source |
| Current Income Tax Expense (Benefit)USD | -200,000Source | 13,400,000Source |
| Deconsolidation, Revaluation of Retained Investment, Gain (Loss), AmountUSD | 1,000,000Source | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | 80,400,000Source | 80,100,000Source |
| Goodwill, Impairment LossUSD | — | 0Source |
| Income (Loss) from Equity Method InvestmentsUSD | -2,200,000Source | — |
| Interest ExpenseUSD | 64,000,000Source | 51,200,000Source |