JOANN Inc (JOAN) Tops Q1 EPS by $1.60

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June 5, 2023 4:17 PM EDT
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Price: $0.10 --0%

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JOANN Inc (NASDAQ: JOAN) reported Q1 EPS of $0.93, $1.60 better than the analyst estimate of ($0.67). Revenue for the quarter came in at $478.1 million versus the consensus estimate of $480.26 million.

Full Year Fiscal 2024 Outlook

Metric*Full Year FY24 Outlook
Net SalesDown 1% to 4% inclusive of a 53rd week worth approximately 2%
Adjusted EBITDABetween $85 million and $95 million
Capital Expenditures, Net of Landlord ContributionsBetween $40 million and $45 million
Free Cash FlowYear over year improvement between $150 million and $170 million

*The inability to predict the amount and timing of items that impact comparability makes a detailed reconciliation of forward-looking non-GAAP

For earnings history and earnings-related data on JOANN Inc (JOAN) click here.


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