JOANN Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended January 28, 2023
For the full year, sales was USD 2,216.9 million compared to USD 2,417.6 million a year ago. Net loss was USD 200.6 million compared to net income of USD 56.7 million a year ago. Basic loss per share from continuing operations was USD 4.93 compared to basic earnings per share from continuing operations of USD 1.39 a year ago. Diluted loss per share from continuing operations was USD 4.93 compared to diluted earnings per share from continuing operations of USD 1.35 a year ago.