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Private company

JOANN Inc.

American retail-miscellaneous shopping goods stores company1

In its 2023 annual report the company says: “JOANN is the nation’s category leader in fabric and sewing with one of the largest assortments of arts and crafts products. We are well-positioned in the marketplace and have multiple competitive advantages, including our broad assortment, established omni-channel platform, multi-faceted digital interface with customers and skilled and knowledgeable team members. We offer an extensive assortment, which at its seasonal peak, averages more than 80,000 stock keeping units in store locations and over 200,000 SKUs online, across Creative Product categories.”51 It is headquartered in Hudson, Ohio.1

Last updated Oct 21, 2026.

Overview

$2.2BRevenue, fiscal 20232
-$200.6MNet income, fiscal 20232
  • IndustryRetail-Miscellaneous Shopping Goods Stores1
  • HeadquartersHudson, Ohio1
  • Incorporated inDE3
  • Business address5555 Darrow Road, Hudson, Oh 442363
  • Filer categoryAccelerated filer, Smaller reporting company3

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

-9.4%Operating margin2
-9.0%Net margin2
-8.3%Revenue growth, 20232

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue49¢$1.2B
  • Selling, general and admin45¢$1.1B
  • Interest3¢$64.0M
  • Income tax3¢$73.2M

Out of $2.2B in revenue.2 The company lost money this year.

Financial statements

Revenue42$2.2B in 2023−1% since 2020
0$1.0B$2.0B$3.0B2020: $2.2B$2.2B20202021: $2.8B$2.8B2021+23%2022: $2.4B$2.4B2022−12%2023: $2.2B$2.2B2023−8%
Operating income42-$208.6M in 2023−52% since 2020
-$600.0M-$400.0M-$200.0M0$200.0M2020: -$436.4M-$436.4M20202021: $154.2M$154.2M20212022: $99.7M$99.7M2022−35%2023: -$208.6M-$208.6M2023
Net income42-$200.6M in 2023−63% since 2020
-$600.0M-$400.0M-$200.0M0$200.0M$400.0M2020: -$546.6M-$546.6M20202021: $212.3M$212.3M20212022: $56.7M$56.7M2022−73%2023: -$200.6M-$200.6M2023
Fiscal year20192020202120222023
Revenue$2.2B4$2.8B2$2.4B2$2.2B2
Cost of revenue$1.1B4$1.4B2$1.2B2$1.2B2
Selling, general and admin$977.4M4$1.1B2$1.0B2$1.1B2
Operating income-$436.4M4$154.2M2$99.7M2-$208.6M2
Interest$101.9M4$69.0M2$51.2M2$64.0M2
Income before tax$69.7M2-$271.6M2
Income tax$12.1M4$28.0M2$13.0M2-$73.2M2
Net income-$546.6M4$212.3M2$56.7M2-$200.6M2
Earnings per share-$15.674$6.082$1.392-$4.932
Earnings per share (diluted)-$15.674$5.932$1.352-$4.932
Shares (weighted, basic)41 shares241 shares2
Shares (weighted, diluted)42 shares241 shares2

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Corporate structure

JOANN Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of JOANN Inc.

  • JOANN Inc. Hudson, Ohio

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What JOANN Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$999.7M2 Jan 28, 2023$940.1M2 Jan 29, 2022+6.3%
Accumulated depreciation$711.9M2 Jan 28, 2023$683.3M2 Jan 29, 2022+4.2%
Property and equipment, net$287.8M2 Jan 28, 2023$256.8M2 Jan 29, 2022+12.1%
Finance-lease assets$14.4M2 Jan 28, 2023$15.2M2 Jan 29, 2022−5.3%
Operating-lease assets (leased space)$778.4M2 Jan 28, 2023$818.0M2 Jan 29, 2022−4.8%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$20.2M2 Jan 28, 2023$22.5M2 Jan 29, 2022−10.2%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$162.0M2 Jan 28, 2023$162.0M2 Jan 29, 20220%
Intangible assets, net (excluding goodwill)$272.1M2 Jan 28, 2023$370.3M2 Jan 29, 2022−26.5%
Indefinite-lived intangibles (excluding goodwill)$355.4M2 Jan 28, 2023$445.1M2 Jan 29, 2022−20.2%
Accumulated amortization$83.3M2 Jan 28, 2023$74.8M2 Jan 29, 2022+11.4%
Finite-lived intangibles, net$32.1M2 Jan 28, 2023$35.3M4 Jan 29, 2022−9.1%

Inventory

ItemLatestA year beforeChange
Inventory, total$584.1M2 Jan 28, 2023$658.6M2 Jan 29, 2022−11.3%

Leadership

Who has led JOANN Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Wade D. Miquelon2021–2023

President

  1. Wade D. Miquelon2021–2023

Chief financial officer

  1. Matthew B. Susz2021–2022
  2. Thomas A. Dryer2022
  3. Scott Sekella2022–2023
2025
Board members and other officers (21)

Former names

  • Jo-Ann Stores Holdings Inc.Dec 21, 2020 to Jan 28, 20213

Timeline

  1. May 1, 20248-K Entered a material agreement; Bankruptcy or receivership; Unregistered sale of shares31
  2. Mar 22, 20248-K Listing notice or transfer32
  3. Mar 18, 20248-K Entered a material agreement; Bankruptcy or receivership; Debt or obligation accelerated33
  4. Mar 14, 20248-K Executive or director change34
  5. Dec 26, 20238-K Listing notice or transfer35
  6. Dec 4, 20238-K Results of operations36
  7. Oct 20, 20238-K Listing notice or transfer37
  8. Sep 15, 20238-K Executive or director change38
  9. Aug 28, 20238-K Results of operations39
  10. Jul 21, 20238-K Listing notice or transfer40
  11. Jun 28, 20238-K Executive or director change; Shareholder vote41
  12. Jun 5, 20238-K Results of operations42
  13. Mar 11, 2021New chief executive Wade D. Miquelon becomes CEO7

Calendar

When it reported results

  1. Dec 4, 2023Reported quarterly or annual results36
  2. Aug 28, 2023Reported quarterly or annual results39
  3. Jun 5, 2023Reported quarterly or annual results42
  4. Mar 23, 2023Reported quarterly or annual results43
  5. Dec 12, 2022Reported quarterly or annual results44
  6. Sep 1, 2022Reported quarterly or annual results45
  7. Jun 2, 2022Reported quarterly or annual results46
  8. Mar 17, 2022Reported quarterly or annual results47

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

156 filings to the SEC since October 2021: 2 annual reports, 7 quarterly reports, 28 major events, 86 insider forms, 5 large holders, 28 other. The latest 20:

  1. May 1, 202415-12G EDGAR
  2. May 1, 20248-K EDGAR
  3. Apr 18, 2024EFFECT EDGAR
  4. Apr 15, 2024S-8 POS EDGAR
  5. Apr 15, 2024S-8 POS EDGAR
  6. Apr 15, 2024S-8 POS EDGAR
  7. Apr 15, 2024S-8 POS EDGAR
  8. Apr 15, 2024S-8 POS EDGAR
  9. Apr 15, 2024POS AM EDGAR
  10. Mar 22, 20248-K EDGAR
  11. Mar 18, 20248-K EDGAR
  12. Mar 15, 20243 FORM 3 SUBMISSION EDGAR
  13. Mar 14, 20248-K EDGAR
  14. Feb 9, 2024SC 13G/A SEC SCHEDULE 13G EDGAR
  15. Jan 30, 2024SC 13G/A EDGAR
  16. Dec 26, 20238-K EDGAR
  17. Dec 14, 2023S-8 EDGAR
  18. Dec 5, 202310-Q EDGAR
  19. Dec 4, 20238-K EDGAR
  20. Nov 20, 20234 FORM 4 SUBMISSION EDGAR

The 156 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

20 open-market trades by officers, directors and large owners since October 2021: 3 buys and 17 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jul 14, 2023Thibault JosephSVP, Store OperationsSale161$1.18$190Form 4
Jun 9, 2023Hays MarybethDirectorBuy22,300$1.13$25.2KForm 4
Apr 14, 2023Sekella ScottEVP, Chief Financial OfficerBuy27,700$1.59$44.0KForm 4
Mar 21, 2023Will RobertEVP, Chief MerchandisingSale1,279$2.06$2.6KForm 4
Mar 21, 2023DiTullio ChristopherEVP, Chief Customer OfficerSale1,279$2.06$2.6KForm 4
Mar 21, 2023Aber AnnSVP, Chief Legal Officer & SecSale943$2.06$1.9KForm 4
Sep 8, 2022LGP MANAGEMENT INCDirectorSale7,812$8.43$65.9KForm 4
Jul 20, 2022Dryer Thomas AVP, Interim CFO & ControllerSale161$7.92$1.3KForm 4
Jul 20, 2022Thibault JosephSVP, Store OperationsSale166$7.92$1.3KForm 4
Mar 29, 2022Webb DarrellDirectorSale94,568$12.50$1.2MForm 4
Mar 28, 2022Webb DarrellDirectorSale10,165$12.29$124.9KForm 4
Mar 18, 2022DiTullio ChristopherEVP, Chief Customer OfficerSale1,050$11.94$12.5KForm 4
Mar 18, 2022Chennakrishnan VaradheeshSVP, Chief Information OfficerSale906$11.94$10.8KForm 4
Mar 18, 2022Will RobertEVP, Chief MerchandisingSale1,049$11.94$12.5KForm 4
Mar 18, 2022Aber AnnSVP, Chief Legal Officer & SecSale806$11.96$9.6KForm 4
Mar 18, 2022Susz Matthew B.EVP, Chief Financial OfficerSale1,051$11.95$12.6KForm 4
Dec 9, 2021Susz Matthew B.EVP, Chief Financial OfficerSale2,619$10.70$28.0KForm 4
Dec 8, 2021Susz Matthew B.EVP, Chief Financial OfficerSale78,627$9.90$778.4KForm 4
Dec 7, 2021Webb DarrellDirectorSale150,000$8.75$1.3MForm 4
Dec 7, 2021Miquelon Wade DPresident & CEOBuy55,000$9.33$513.1KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How JOANN Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARJOANN Inc.1
  • CIK0001834585
  • Employer ID (EIN)46-10955401
  • Filer statusAccelerated filer<br>smaller reporting company1
  • Incorporated inDelaware1
  • Fiscal year endsJanuary 281
  • Industry code (SIC)5940 Retail-Miscellaneous Shopping Goods Stores1
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
  • Business address5555 Darrow Road, Hudson, OH 442361
  • Phone(330) 656-26001
  • Shares outstanding41,911,651 as of Nov 30, 20236
  • Public float$111.9M as of Jul 29, 20222
  • On EDGAR sinceDec 21, 20201
  • Filings243 in all: 4 (114), 8-K (35), 3 (25), 10-Q (9), CORRESP (8), UPLOAD (8), S-8 (5), S-8 POS (5)1
    All 32 form types

    10-K (3), EFFECT (3), DEF 14A (2), DEFA14A (2), FWP (2), S-1/A (2), SC 13G (2), SC 13G/A (2), 15-12G (1), 25-NSE (1), 424B4 (1), 8-A12B (1), ARS (1), CERT (1), DRS (1), DRS/A (1), DRSLTR (1), POS AM (1), PRE 14A (1), S-1 (1), S-3 (1), SC 13D (1), SC 13D/A (1), SD (1)

  • Latest filingsAnnual report (10-K) Apr 4, 2023
    Quarterly report (10-Q) Dec 5, 2023
    Proxy statement (DEF 14A) May 15, 2023
    Latest 8-K (8-K) May 1, 2024

Sources

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