JOAN Stock Discussion

JOANN, Inc. Description

JOANN Inc. operates as a specialty retailer of sewing, and arts and crafts category products in the United States. Its products in sewing category include cotton fabrics; warm fabrics, such as fleece and flannel fabrics; home decorating and utility fabrics and accessories; fashion and sportswear fabrics; special occasion fabrics; seasonally themed and licensed fabric designs; and sewing supplies, including cutting implements, threads, zippers, trims, tapes, pins, elastic, and buttons, as well as patterns for sewing projects. The company's products in arts and crafts, home decor, and other category comprise yarn and yarn accessories, and needlecraft kits and supplies; paper crafting components; craft materials; fine art materials; sewing machines, craft technology, lighting, irons, organizers, and other products; artificial floral products; seasonal decor and entertaining products; home decor accessories; ready-made frames; related books and magazines; and non-merchandise products. JOANN Inc. offers products through retail stores, as well as online. As of February 1, 2020, it operated 867 retail stores in 49 states. The company was formerly known as Jo-Ann Stores Holdings Inc. and changed its name to JOANN Inc. in February 2021. JOANN Inc. was founded in 1943 and is based in Hudson, Ohio.

Sector: Consumer Cyclical
Industry: Specialty Retail
Keywords: Retail Store Textiles Visual Arts Crafts Sewing
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Mihalo141516 12 months ago

curious to hear anyone's opinion on bankruptcy risk for JOAN. 

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TraderMike 12 months ago

Its bankruptcy would have made my late mother really sad...  I knew nothing of JOANS' woes until I saw your comment.  The headlines & what I just saw on StockTwits sure doesn't breed confidence.  Perhaps they can survive if interest rates stop rising. 🤷

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Mihalo141516 12 months ago

Is this your site? Dude amazing!

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TraderMike 12 months ago

Yes, it’s my creation. Thanks!

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Mihalo141516 11 months ago

Earnings for JOAN today. Wish I could say I feel better but I don't. My research tells me its undervalued but the price action has me shaking in my boots. I'll post a summary of the results this evening. 

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