Joann Shares Plummet As Q2 Results Miss Estimates

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Joann Shares Plummet As Q2 Results Miss Estimates

Benzinga2021-09-03

Joann Inc (NASDAQ:JOAN) reported a second-quarter FY22 sales decline of 29.8% year-on-year, to $496.9 million, missing the analyst consensus of $534.03 million.
Comparable sales decreased 29.9% versus last year and increased 8.1% on a two-year stack basis.
The gross margin expanded 410 basis points Y/Y to 53.7% and gained 460 basis points on a two-year basis.
The company reported a $(0.3) million operating loss compared to a profit of $48.1 million Q2 FY21.
The company held $22.1 million in cash and equivalents as of July 31, 2021.
Adjusted EBITDA of $23.5 million decreased 74.7% Y/Y.
Adjusted EPS of $(0.20) missed the analyst consensus of $(0.13).
Price Action: JOAN shares are trading lower by 14.58% at $10.90 in premarket on the last check Friday.

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Rodney
·2021-09-04
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- superdog:
  Like back pls
  2021-09-04
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brianyen
·2021-09-03
Pls like and comment thx
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- Evanchills:
  comment and like back thanks
  2021-09-03
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Sim1
·2021-09-03
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YS81
·2021-09-03
Pls like
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- Sim1:
  Done
  2021-09-03
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- Karxun:
  Ok
  2021-09-03
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jinvestmentj
·2021-09-03
Like and Xomment
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- YS81:
  Ok
  2021-09-03
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Vivavia
·2021-09-03
Ohh
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million Q2 FY21.</li>\n <li>The company held $22.1 million in cash and equivalents as of July 31, 2021.</li>\n <li>Adjusted EBITDA of $23.5 million decreased 74.7% Y/Y.</li>\n <li>Adjusted EPS of $(0.20) missed the analyst consensus of $(0.13).</li>\n <li><b>Price Action:</b>&nbsp;JOAN shares are trading lower by 14.58% at $10.90 in premarket on the last check Friday.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Joann Shares Plummet As Q2 Results Miss Estimates</title>\n<style 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second-quarter FY22 sales decline of 29.8%&nbsp;year-on-year, to $496.9 million, missing the analyst consensus of $534.03 million.</li>\n <li>Comparable sales decreased 29.9% versus last year and increased 8.1% on a two-year stack basis.</li>\n <li>The gross margin expanded 410 basis points Y/Y to 53.7% and gained 460 basis points on a two-year basis.</li>\n <li>The company reported a $(0.3) million operating loss compared to a profit of $48.1 million Q2 FY21.</li>\n <li>The company held $22.1 million in cash and equivalents as of July 31, 2021.</li>\n <li>Adjusted EBITDA of $23.5 million decreased 74.7% Y/Y.</li>\n <li>Adjusted EPS of $(0.20) missed the analyst consensus of $(0.13).</li>\n <li><b>Price Action:</b>&nbsp;JOAN shares are trading lower by 14.58% at $10.90 in premarket on the last check Friday.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JOAN":"JOANN Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164871021","content_text":"Joann Inc (NASDAQ:JOAN) reported a second-quarter FY22 sales decline of 29.8% year-on-year, to $496.9 million, missing the analyst consensus of $534.03 million.\nComparable sales decreased 29.9% versus last year and increased 8.1% on a two-year stack basis.\nThe gross margin expanded 410 basis points Y/Y to 53.7% and gained 460 basis points on a two-year basis.\nThe company reported a $(0.3) million operating loss compared to a profit of $48.1 million Q2 FY21.\nThe company held $22.1 million in cash and equivalents as of July 31, 2021.\nAdjusted EBITDA of $23.5 million decreased 74.7% Y/Y.\nAdjusted EPS of $(0.20) missed the analyst consensus of $(0.13).\nPrice Action: JOAN shares are trading lower by 14.58% at $10.90 in premarket on the last check 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thx","listText":"Pls like and comment thx","text":"Pls like and comment thx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/815636709","repostId":2164871021,"repostType":4,"repost":{"id":"2164871021","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1630672833,"share":"https://ttm.financial/m/news/2164871021?lang=&edition=fundamental","pubTime":"2021-09-03 20:40","market":"us","language":"en","title":"Joann Shares Plummet As Q2 Results Miss Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2164871021","media":"Benzinga","summary":"\n","content":"<ul>\n <li><b>Joann Inc</b>&nbsp;(NASDAQ:JOAN)&nbsp;reported a second-quarter FY22 sales decline of 29.8%&nbsp;year-on-year, to $496.9 million, missing the analyst consensus of $534.03 million.</li>\n <li>Comparable sales decreased 29.9% versus last year and increased 8.1% on a two-year stack basis.</li>\n <li>The gross margin expanded 410 basis points Y/Y to 53.7% and gained 460 basis points on a two-year basis.</li>\n <li>The company reported a $(0.3) million operating loss compared to a profit of $48.1 million Q2 FY21.</li>\n <li>The company held $22.1 million in cash and equivalents as of July 31, 2021.</li>\n <li>Adjusted EBITDA of $23.5 million decreased 74.7% Y/Y.</li>\n <li>Adjusted EPS of $(0.20) missed the analyst consensus of $(0.13).</li>\n <li><b>Price Action:</b>&nbsp;JOAN shares are trading lower by 14.58% at $10.90 in premarket on the last check Friday.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" 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hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJoann Shares Plummet As Q2 Results Miss Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-09-03 20:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li><b>Joann Inc</b>&nbsp;(NASDAQ:JOAN)&nbsp;reported a second-quarter FY22 sales decline of 29.8%&nbsp;year-on-year, to $496.9 million, missing the analyst consensus of $534.03 million.</li>\n <li>Comparable sales decreased 29.9% versus last year and increased 8.1% on a two-year stack basis.</li>\n <li>The gross margin expanded 410 basis points Y/Y to 53.7% and gained 460 basis points on a two-year basis.</li>\n <li>The company reported a $(0.3) million operating loss compared to a profit of $48.1 million Q2 FY21.</li>\n <li>The company held $22.1 million in cash and equivalents as of July 31, 2021.</li>\n <li>Adjusted EBITDA of $23.5 million decreased 74.7% Y/Y.</li>\n <li>Adjusted EPS of $(0.20) missed the analyst consensus of $(0.13).</li>\n <li><b>Price Action:</b>&nbsp;JOAN shares are trading lower by 14.58% at $10.90 in premarket on the last check Friday.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JOAN":"JOANN Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164871021","content_text":"Joann Inc (NASDAQ:JOAN) reported a second-quarter FY22 sales decline of 29.8% year-on-year, to $496.9 million, missing the analyst consensus of $534.03 million.\nComparable sales decreased 29.9% versus last year and increased 8.1% on a two-year stack basis.\nThe gross margin expanded 410 basis points Y/Y to 53.7% and gained 460 basis points on a two-year basis.\nThe company reported a $(0.3) million operating loss compared to a profit of $48.1 million Q2 FY21.\nThe company held $22.1 million in cash and equivalents as of July 31, 2021.\nAdjusted EBITDA of $23.5 million decreased 74.7% Y/Y.\nAdjusted EPS of $(0.20) missed the analyst consensus of $(0.13).\nPrice Action: JOAN shares are trading lower by 14.58% at $10.90 in premarket on the last check Friday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5742897,"gmtCreate":1630674950540,"gmtModify":1663233341246,"authorId":3577782004325702,"author":{"id":3577782004325702,"idStr":"3577782004325702","authorId":3577782004325702,"name":"Evanchills","avatar":"https://static.tigerbbs.com/fda6badb7336a9249a031585d040ffde","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":815636709,"type":1,"supId":0,"prevId":0,"content":"comment and like back thanks","text":"comment and like back thanks","html":"comment and like back thanks"}],"langContent":"EN"},{"id":815639502,"gmtCreate":1630673691306,"gmtModify":1676530372490,"author":{"id":"3573709257975993","authorId":"3573709257975993","name":"Sim1","avatar":"https://static.tigerbbs.com/45f90a5e23b6dc713a314a1c2365d6b6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3573709257975993","authorIdStr":"3573709257975993"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/815639502","repostId":2164871021,"repostType":4,"repost":{"id":"2164871021","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1630672833,"share":"https://ttm.financial/m/news/2164871021?lang=&edition=fundamental","pubTime":"2021-09-03 20:40","market":"us","language":"en","title":"Joann Shares Plummet As Q2 Results Miss Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2164871021","media":"Benzinga","summary":"\n","content":"<ul>\n <li><b>Joann Inc</b>&nbsp;(NASDAQ:JOAN)&nbsp;reported a second-quarter FY22 sales decline of 29.8%&nbsp;year-on-year, to $496.9 million, missing the analyst consensus of $534.03 million.</li>\n <li>Comparable sales decreased 29.9% versus last year and increased 8.1% on a two-year stack basis.</li>\n <li>The gross margin expanded 410 basis points Y/Y to 53.7% and gained 460 basis points on a two-year basis.</li>\n <li>The company reported a $(0.3) million operating loss compared to a profit of $48.1 million Q2 FY21.</li>\n <li>The company held $22.1 million in cash and equivalents as of July 31, 2021.</li>\n <li>Adjusted EBITDA of $23.5 million decreased 74.7% Y/Y.</li>\n <li>Adjusted EPS of $(0.20) missed the analyst consensus of $(0.13).</li>\n <li><b>Price Action:</b>&nbsp;JOAN shares are trading lower by 14.58% at $10.90 in premarket on the last check Friday.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Joann Shares Plummet As Q2 Results Miss Estimates</title>\n<style 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second-quarter FY22 sales decline of 29.8%&nbsp;year-on-year, to $496.9 million, missing the analyst consensus of $534.03 million.</li>\n <li>Comparable sales decreased 29.9% versus last year and increased 8.1% on a two-year stack basis.</li>\n <li>The gross margin expanded 410 basis points Y/Y to 53.7% and gained 460 basis points on a two-year basis.</li>\n <li>The company reported a $(0.3) million operating loss compared to a profit of $48.1 million Q2 FY21.</li>\n <li>The company held $22.1 million in cash and equivalents as of July 31, 2021.</li>\n <li>Adjusted EBITDA of $23.5 million decreased 74.7% Y/Y.</li>\n <li>Adjusted EPS of $(0.20) missed the analyst consensus of $(0.13).</li>\n <li><b>Price Action:</b>&nbsp;JOAN shares are trading lower by 14.58% at $10.90 in premarket on the last check Friday.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JOAN":"JOANN Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164871021","content_text":"Joann Inc (NASDAQ:JOAN) reported a second-quarter FY22 sales decline of 29.8% year-on-year, to $496.9 million, missing the analyst consensus of $534.03 million.\nComparable sales decreased 29.9% versus last year and increased 8.1% on a two-year stack basis.\nThe gross margin expanded 410 basis points Y/Y to 53.7% and gained 460 basis points on a two-year basis.\nThe company reported a $(0.3) million operating loss compared to a profit of $48.1 million Q2 FY21.\nThe company held $22.1 million in cash and equivalents as of July 31, 2021.\nAdjusted EBITDA of $23.5 million decreased 74.7% Y/Y.\nAdjusted EPS of $(0.20) missed the analyst consensus of $(0.13).\nPrice Action: JOAN shares are trading lower by 14.58% at $10.90 in premarket on the last check Friday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":815695666,"gmtCreate":1630673316255,"gmtModify":1676530372393,"author":{"id":"3581475694428817","authorId":"3581475694428817","name":"YS81","avatar":"https://static.tigerbbs.com/3ec2d10f1dac7849401043eac0fc6ba7","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3581475694428817","authorIdStr":"3581475694428817"},"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/815695666","repostId":2164871021,"repostType":4,"repost":{"id":"2164871021","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1630672833,"share":"https://ttm.financial/m/news/2164871021?lang=&edition=fundamental","pubTime":"2021-09-03 20:40","market":"us","language":"en","title":"Joann Shares Plummet As Q2 Results Miss Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2164871021","media":"Benzinga","summary":"\n","content":"<ul>\n <li><b>Joann Inc</b>&nbsp;(NASDAQ:JOAN)&nbsp;reported a second-quarter FY22 sales decline of 29.8%&nbsp;year-on-year, to $496.9 million, missing the analyst consensus of $534.03 million.</li>\n <li>Comparable sales decreased 29.9% versus last year and increased 8.1% on a two-year stack basis.</li>\n <li>The gross margin expanded 410 basis points Y/Y to 53.7% and gained 460 basis points on a two-year basis.</li>\n <li>The company reported a $(0.3) million operating loss compared to a profit of $48.1 million Q2 FY21.</li>\n <li>The company held $22.1 million in cash and equivalents as of July 31, 2021.</li>\n <li>Adjusted EBITDA of $23.5 million decreased 74.7% Y/Y.</li>\n <li>Adjusted EPS of $(0.20) missed the analyst consensus of $(0.13).</li>\n <li><b>Price Action:</b>&nbsp;JOAN shares are trading lower by 14.58% at $10.90 in premarket on the last check Friday.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Joann Shares Plummet As Q2 Results Miss Estimates</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJoann Shares Plummet As Q2 Results Miss Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-09-03 20:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li><b>Joann Inc</b>&nbsp;(NASDAQ:JOAN)&nbsp;reported a second-quarter FY22 sales decline of 29.8%&nbsp;year-on-year, to $496.9 million, missing the analyst consensus of $534.03 million.</li>\n <li>Comparable sales decreased 29.9% versus last year and increased 8.1% on a two-year stack basis.</li>\n <li>The gross margin expanded 410 basis points Y/Y to 53.7% and gained 460 basis points on a two-year basis.</li>\n <li>The company reported a $(0.3) million operating loss compared to a profit of $48.1 million Q2 FY21.</li>\n <li>The company held $22.1 million in cash and equivalents as of July 31, 2021.</li>\n <li>Adjusted EBITDA of $23.5 million decreased 74.7% Y/Y.</li>\n <li>Adjusted EPS of $(0.20) missed the analyst consensus of $(0.13).</li>\n <li><b>Price Action:</b>&nbsp;JOAN shares are trading lower by 14.58% at $10.90 in premarket on the last check Friday.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JOAN":"JOANN Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164871021","content_text":"Joann Inc (NASDAQ:JOAN) reported a second-quarter FY22 sales decline of 29.8% year-on-year, to $496.9 million, missing the analyst consensus of $534.03 million.\nComparable sales decreased 29.9% versus last year and increased 8.1% on a two-year stack basis.\nThe gross margin expanded 410 basis points Y/Y to 53.7% and gained 460 basis points on a two-year basis.\nThe company reported a $(0.3) million operating loss compared to a profit of $48.1 million Q2 FY21.\nThe company held $22.1 million in cash and equivalents as of July 31, 2021.\nAdjusted EBITDA of $23.5 million decreased 74.7% Y/Y.\nAdjusted EPS of $(0.20) missed the analyst consensus of $(0.13).\nPrice Action: JOAN shares are trading lower by 14.58% at $10.90 in premarket on the last check Friday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5742746,"gmtCreate":1630673675393,"gmtModify":1663233340834,"authorId":3573709257975993,"author":{"id":3573709257975993,"idStr":"3573709257975993","authorId":3573709257975993,"name":"Sim1","avatar":"https://static.tigerbbs.com/45f90a5e23b6dc713a314a1c2365d6b6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":815695666,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"},{"id":5742888,"gmtCreate":1630674869009,"gmtModify":1663233338950,"authorId":3557226916148056,"author":{"id":3557226916148056,"idStr":"3557226916148056","authorId":3557226916148056,"name":"Karxun","avatar":"https://static.tigerbbs.com/87ed84363df8cc411fdf60c3f6eace23","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior 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Xomment","listText":"Like and Xomment","text":"Like and Xomment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/815692207","repostId":2164871021,"repostType":4,"repost":{"id":"2164871021","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1630672833,"share":"https://ttm.financial/m/news/2164871021?lang=&edition=fundamental","pubTime":"2021-09-03 20:40","market":"us","language":"en","title":"Joann Shares Plummet As Q2 Results Miss Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2164871021","media":"Benzinga","summary":"\n","content":"<ul>\n <li><b>Joann Inc</b>&nbsp;(NASDAQ:JOAN)&nbsp;reported a second-quarter FY22 sales decline of 29.8%&nbsp;year-on-year, to $496.9 million, missing the analyst consensus of $534.03 million.</li>\n <li>Comparable sales decreased 29.9% versus last year and increased 8.1% on a two-year stack basis.</li>\n <li>The gross margin expanded 410 basis points Y/Y to 53.7% and gained 460 basis points on a two-year basis.</li>\n <li>The company reported a $(0.3) million operating loss compared to a profit of $48.1 million Q2 FY21.</li>\n <li>The company held $22.1 million in cash and equivalents as of July 31, 2021.</li>\n <li>Adjusted EBITDA of $23.5 million decreased 74.7% Y/Y.</li>\n <li>Adjusted EPS of $(0.20) missed the analyst consensus of $(0.13).</li>\n <li><b>Price Action:</b>&nbsp;JOAN shares are trading lower by 14.58% at $10.90 in premarket on the last check Friday.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Joann Shares Plummet As Q2 Results Miss Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ 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hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJoann Shares Plummet As Q2 Results Miss Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-09-03 20:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li><b>Joann Inc</b>&nbsp;(NASDAQ:JOAN)&nbsp;reported a second-quarter FY22 sales decline of 29.8%&nbsp;year-on-year, to $496.9 million, missing the analyst consensus of $534.03 million.</li>\n <li>Comparable sales decreased 29.9% versus last year and increased 8.1% on a two-year stack basis.</li>\n <li>The gross margin expanded 410 basis points Y/Y to 53.7% and gained 460 basis points on a two-year basis.</li>\n <li>The company reported a $(0.3) million operating loss compared to a profit of $48.1 million Q2 FY21.</li>\n <li>The company held $22.1 million in cash and equivalents as of July 31, 2021.</li>\n <li>Adjusted EBITDA of $23.5 million decreased 74.7% Y/Y.</li>\n <li>Adjusted EPS of $(0.20) missed the analyst consensus of $(0.13).</li>\n <li><b>Price Action:</b>&nbsp;JOAN shares are trading lower by 14.58% at $10.90 in premarket on the last check Friday.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JOAN":"JOANN Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164871021","content_text":"Joann Inc (NASDAQ:JOAN) reported a second-quarter FY22 sales decline of 29.8% year-on-year, to $496.9 million, missing the analyst consensus of $534.03 million.\nComparable sales decreased 29.9% versus last year and increased 8.1% on a two-year stack basis.\nThe gross margin expanded 410 basis points Y/Y to 53.7% and gained 460 basis points on a two-year basis.\nThe company reported a $(0.3) million operating loss compared to a profit of $48.1 million Q2 FY21.\nThe company held $22.1 million in cash and equivalents as of July 31, 2021.\nAdjusted EBITDA of $23.5 million decreased 74.7% Y/Y.\nAdjusted EPS of $(0.20) missed the analyst consensus of $(0.13).\nPrice Action: JOAN shares are trading lower by 14.58% at $10.90 in premarket on the last check Friday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5742702,"gmtCreate":1630673324001,"gmtModify":1663233339426,"authorId":3581475694428817,"author":{"id":3581475694428817,"idStr":"3581475694428817","authorId":3581475694428817,"name":"YS81","avatar":"https://static.tigerbbs.com/3ec2d10f1dac7849401043eac0fc6ba7","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":815692207,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":815696677,"gmtCreate":1630673144299,"gmtModify":1676530372331,"author":{"id":"3574561075073580","authorId":"3574561075073580","name":"Vivavia","avatar":"https://static.tigerbbs.com/8d3f4a758009aa5ba42ecb7c1715cebf","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574561075073580","authorIdStr":"3574561075073580"},"htmlText":"Ohh","listText":"Ohh","text":"Ohh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/815696677","repostId":2164871021,"repostType":4,"repost":{"id":"2164871021","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1630672833,"share":"https://ttm.financial/m/news/2164871021?lang=&edition=fundamental","pubTime":"2021-09-03 20:40","market":"us","language":"en","title":"Joann Shares Plummet As Q2 Results Miss Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2164871021","media":"Benzinga","summary":"\n","content":"<ul>\n <li><b>Joann Inc</b>&nbsp;(NASDAQ:JOAN)&nbsp;reported a second-quarter FY22 sales decline of 29.8%&nbsp;year-on-year, to $496.9 million, missing the analyst consensus of $534.03 million.</li>\n <li>Comparable sales decreased 29.9% versus last year and increased 8.1% on a two-year stack basis.</li>\n <li>The gross margin expanded 410 basis points Y/Y to 53.7% and gained 460 basis points on a two-year basis.</li>\n <li>The company reported a $(0.3) million operating loss compared to a profit of $48.1 million Q2 FY21.</li>\n <li>The company held $22.1 million in cash and equivalents as of July 31, 2021.</li>\n <li>Adjusted EBITDA of $23.5 million decreased 74.7% Y/Y.</li>\n <li>Adjusted EPS of $(0.20) missed the analyst consensus of $(0.13).</li>\n <li><b>Price Action:</b>&nbsp;JOAN shares are trading lower by 14.58% at $10.90 in premarket on the last check Friday.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Joann Shares Plummet As Q2 Results Miss Estimates</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJoann Shares Plummet As Q2 Results Miss Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-09-03 20:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li><b>Joann Inc</b>&nbsp;(NASDAQ:JOAN)&nbsp;reported a second-quarter FY22 sales decline of 29.8%&nbsp;year-on-year, to $496.9 million, missing the analyst consensus of $534.03 million.</li>\n <li>Comparable sales decreased 29.9% versus last year and increased 8.1% on a two-year stack basis.</li>\n <li>The gross margin expanded 410 basis points Y/Y to 53.7% and gained 460 basis points on a two-year basis.</li>\n <li>The company reported a $(0.3) million operating loss compared to a profit of $48.1 million Q2 FY21.</li>\n <li>The company held $22.1 million in cash and equivalents as of July 31, 2021.</li>\n <li>Adjusted EBITDA of $23.5 million decreased 74.7% Y/Y.</li>\n <li>Adjusted EPS of $(0.20) missed the analyst consensus of $(0.13).</li>\n <li><b>Price Action:</b>&nbsp;JOAN shares are trading lower by 14.58% at $10.90 in premarket on the last check Friday.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JOAN":"JOANN Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164871021","content_text":"Joann Inc (NASDAQ:JOAN) reported a second-quarter FY22 sales decline of 29.8% year-on-year, to $496.9 million, missing the analyst consensus of $534.03 million.\nComparable sales decreased 29.9% versus last year and increased 8.1% on a two-year stack basis.\nThe gross margin expanded 410 basis points Y/Y to 53.7% and gained 460 basis points on a two-year basis.\nThe company reported a $(0.3) million operating loss compared to a profit of $48.1 million Q2 FY21.\nThe company held $22.1 million in cash and equivalents as of July 31, 2021.\nAdjusted EBITDA of $23.5 million decreased 74.7% Y/Y.\nAdjusted EPS of $(0.20) missed the analyst consensus of $(0.13).\nPrice Action: JOAN shares are trading lower by 14.58% at $10.90 in premarket on the last check Friday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":60,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}