Joann Inc
NASDAQ:JOAN
Income Statement
Earnings Waterfall
Joann Inc
Revenue
|
2.2B
USD
|
Cost of Revenue
|
-1.1B
USD
|
Gross Profit
|
1.1B
USD
|
Operating Expenses
|
-1.2B
USD
|
Operating Income
|
-108.4m
USD
|
Other Expenses
|
-131.8m
USD
|
Net Income
|
-240.2m
USD
|
Income Statement
Joann Inc
Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||
Revenue |
1 912
N/A
|
2 523
+32%
|
2 418
-4%
|
2 341
-3%
|
2 308
-1%
|
2 259
-2%
|
2 217
-2%
|
2 197
-1%
|
2 188
0%
|
2 165
-1%
|
|
Gross Profit | |||||||||||
Cost of Revenue |
(948)
|
(1 240)
|
(1 205)
|
(1 191)
|
(1 209)
|
(1 198)
|
(1 177)
|
(1 148)
|
(1 122)
|
(1 098)
|
|
Gross Profit |
964
N/A
|
1 283
+33%
|
1 213
-5%
|
1 151
-5%
|
1 099
-5%
|
1 061
-3%
|
1 040
-2%
|
1 049
+1%
|
1 066
+2%
|
1 067
+0%
|
|
Operating Income | |||||||||||
Operating Expenses |
(871)
|
(1 149)
|
(1 113)
|
(1 122)
|
(1 133)
|
(1 145)
|
(1 154)
|
(1 252)
|
(1 263)
|
(1 175)
|
|
Selling, General & Administrative |
(811)
|
(1 068)
|
(1 033)
|
(1 042)
|
(1 054)
|
(1 065)
|
(1 074)
|
(1 077)
|
(1 089)
|
(1 093)
|
|
Depreciation & Amortization |
(61)
|
(80)
|
(80)
|
(80)
|
(80)
|
(80)
|
(80)
|
(81)
|
(80)
|
(82)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(94)
|
(95)
|
0
|
|
Operating Income |
93
N/A
|
134
+45%
|
100
-26%
|
29
-71%
|
(34)
N/A
|
(84)
-145%
|
(114)
-35%
|
(203)
-79%
|
(198)
+3%
|
(108)
+45%
|
|
Pre-Tax Income | |||||||||||
Interest Income Expense |
(42)
|
(54)
|
(51)
|
(49)
|
(49)
|
(53)
|
(63)
|
(77)
|
(90)
|
(102)
|
|
Non-Reccuring Items |
(1)
|
(1)
|
(3)
|
(4)
|
(0)
|
0
|
(95)
|
0
|
0
|
(97)
|
|
Gain/Loss on Disposition of Assets |
25
|
25
|
25
|
0
|
0
|
0
|
0
|
0
|
0
|
12
|
|
Total Other Income |
1
|
0
|
0
|
26
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
75
N/A
|
105
+40%
|
70
-34%
|
1
-99%
|
(83)
N/A
|
(137)
-65%
|
(272)
-98%
|
(280)
-3%
|
(287)
-2%
|
(295)
-3%
|
|
Net Income | |||||||||||
Tax Provision |
(16)
|
(23)
|
(13)
|
7
|
28
|
41
|
73
|
65
|
57
|
62
|
|
Income from Continuing Operations |
60
|
82
|
57
|
8
|
(56)
|
(96)
|
(198)
|
(215)
|
(230)
|
(234)
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(5)
|
(6)
|
(7)
|
|
Net Income (Common) |
59
N/A
|
81
+39%
|
57
-30%
|
7
-89%
|
(56)
N/A
|
(96)
-72%
|
(201)
-109%
|
(220)
-10%
|
(236)
-7%
|
(240)
-2%
|
|
EPS (Diluted) |
1.34
N/A
|
1.88
+40%
|
1.35
-28%
|
0.16
-88%
|
-1.36
N/A
|
-2.36
-74%
|
-4.93
-109%
|
-5.31
-8%
|
-5.66
-7%
|
-5.69
-1%
|