JOAN News and Press, JOANN Inc. From 06/28/22

HUDSON, Ohio, June 28, 2022 (GLOBE NEWSWIRE) -- JOANN, the nation’s category leader in fabrics and sewing and one of the fastest-growing players in the arts and crafts space, today announced Brian Coleman as the newest member of its Board of Directors. Coleman, Vice President at Leon...

Joann reported its Q1 results with a widening loss and weak sales. While the company expects supply chain challenges to improve going forward, we don't see much room for a turnaround. We expect poor fundamentals including a large debt to keep risks tilted to the downside. Fo...

A new 2022/23 study continues the trading studies from 2017 testing abnormal Russell Index reconstitution returns from scholarly literature. Since 2017 the best return results from a price momentum test generated +57.90% in the first six months and average gains reached +29.04% in the...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips It’s understandable why stocks with high dividend yields may look appealing right now, but there are plenty of dividend stocks to avoid. Many of them are dividend traps, stocks with a high but unsustainable yield. ...

JOANN (NASDAQ:JOAN) said Thursday CFO Matt Susz passed away unexpectedly on Wednesday. JOAN appointed Tom Dryer, VP and controller, as interim CFO, effective immediately. Dryer has assumed duties of JOAN's principal financial officer and principal accounting officer. For further details see...

HUDSON, Ohio, June 13, 2022 (GLOBE NEWSWIRE) -- JOANN, the nation’s category leader in fabrics and sewing and one of the fastest-growing players in the arts and crafts space, has added retail industry veteran Mario Sampson to its leadership team as Senior Vice President, Supply Chain...

As recession risks rise, investors should begin positioning themselves more defensively in hardline retail stocks, according to Wells Fargo analyst Zachary Fadem. He explained in a note on Wednesday that while discretionary categories have the most upside, investors need to guard against risk...

Wall Street suffered renewed selling on Friday, as worries about the economy and interest rates resurfaced. Stronger-than-expected job statistics raised fears that the Federal Reserve would remain aggressive about raising interest rates. Meanwhile, Elon Musk sounded the latest in a series of ...

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Shares of Joann (NASDAQ: JOAN) , a craft store retailer , fell dramatically at the open of trading on June 3, losing as much as 17.5% in the first few minutes of the day. The drop was directly related to the company's first-quarter fiscal 2023 earnings release, which hit the Str...