JOANN Inc.
Consumer Discretionary · Retail-Miscellaneous Shopping Goods Stores · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|
| Revenue | $2.22B | $2.42B | $2.76B | $2.24B |
| Operating income | −$208.6M | $99.7M | $154.2M | −$436.4M |
| Net income | −$200.6M | $56.7M | $212.3M | −$546.6M |
| Total assets | $2.18B | $2.36B | $2.34B | — |
| Total liabilities | — | — | — | — |
| Equity | −$49.1M | $149.8M | $42.4M | −$172.0M |
| EPS (diluted) | $-4.93 | $1.35 | $5.93 | $-15.67 |
| Shares out. | 41.1M | 40.6M | 35.8 | 34.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- −9.4%
- Net margin
- −9.0%
- Return on equity
- 408.6%
- Return on assets
- −9.2%
- Return on capital (ROCE)
- −12.4%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $-1.19
- Revenue growth (YoY)
- −8.3%
- Net income growth (YoY)
- −453.8%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2023- Accruals / assets
- −5.8%clean
- Piotroski F-Score
- 2/8weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 4 warning● 2 good- Negative shareholder equity
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- Negative operating cash flow
- Strong return on equity (>15%)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Bankruptcy or receivership · Unregistered equity sale · Modified shareholder rights · Director / officer change · Amended charter or bylaws · Regulation FD disclosureMay 1, 2024
- Delisting / listing-standard noticeMar 22, 2024
- Entered a material agreement · Bankruptcy or receivership · Debt acceleration / triggering event · Director / officer change · Regulation FD disclosure · Other material eventMar 18, 2024
- Director / officer changeMar 14, 2024
- Delisting / listing-standard noticeDec 26, 2023
- Results of operationsDec 4, 2023
- Delisting / listing-standard noticeOct 20, 2023
- Director / officer changeSep 15, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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