Private company

JOANN Inc.

American retail-miscellaneous shopping goods stores company.

Last updated Oct 18, 2026.

Overview

$2.2BRevenue, fiscal 2023²

-$200.6MNet income, fiscal 2023²

IndustryRetail-Miscellaneous Shopping Goods Stores
HeadquartersDE
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 revenueSelling, general and admin

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

Operating income⁴²-$208.6M in 2023−52% since 2020

Net income⁴²-$200.6M in 2023−63% since 2020

Fiscal year	2020	2021	2022	2023
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 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

Total assets⁴²$2.2B in 2023−7% since 2021

Shareholders’ equity⁴²-$49.1M in 2023

Cash⁴²$20.2M in 2023−26% since 2021

Long-term debt⁴²$976.0M in 2023+24% since 2021

Fiscal year	2019	2020	2021	2022	2023
Cash			$27.4M⁴	$22.5M²	$20.2M²
Current assets			$654.8M⁴	$720.3M²	$642.9M²
Total assets			$2.3B⁴	$2.4B²	$2.2B²
Current liabilities			$608.6M⁴	$576.8M²	$501.0M²
Long-term debt			$786.3M⁴	$778.6M²	$976.0M²
Shareholders’ equity	$373.2M⁴	-$172.0M²	$42.4M²	$149.8M²	-$49.1M²
Shares outstanding				40.6M shares⁴	41.1M shares²

Cash from operations⁴²-$75.2M in 2023+122% since 2020

Dividends paid⁴²$13.4M in 2023

Share buybacks⁴²$0 in 2023

Fiscal year	2020	2021	2022	2023
Cash from operations	-$33.9M⁴	$327.1M²	-$23.6M²	-$75.2M²
Dividends paid	$0⁴	$0²	$12.6M²	$13.4M²
Share buybacks	$500.0K⁴	$0²	$20.0M²	$0²
Dividend per share			$0.30²	$0.33²

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Leadership

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

Chief executive

Wade D. Miquelon2021–2023

President

Wade D. Miquelon2021–2023

Chief financial officer

2025

Chief executive officerWade D. Miquelon Mar 11, 2021 to Mar 21, 2023⁷
PresidentWade D. Miquelon Mar 11, 2021 to Mar 21, 2023⁷
Chief financial officerThomas A. Dryer Jun 27, 2022 to Jul 22, 2022⁸
Chief financial officerScott Sekella Sep 29, 2022 to Nov 20, 2023⁹
Chief financial officerMatthew B. Susz Mar 11, 2021 to Mar 21, 2022¹⁰

Board members and other officers (21)

SVP, Chief Information OfficerJohn Craig Stalcup Jul 20, 2023 to Sep 8, 2023¹¹
SVP, Store OperationsJoseph Thibault Feb 28, 2022 to Jul 17, 2023¹²
OfficerLisa Wittman-Smith Feb 28, 2022 to Jun 28, 2023¹³
SVP, Supply ChainMario Sampson Jun 13, 2022 to Feb 28, 2023¹⁴
SVP, GC & SecretaryAnn Aber Mar 11, 2021 to Mar 18, 2021¹⁵
SVP, Chief Customer OfficerChristopher Ditullio Mar 11, 2021 to Sep 8, 2023¹⁶
SVP, Chief Admin. OfficerJanet Duliga Mar 11, 2021 to Jun 28, 2023¹⁷
OfficerMichael Sagar Joyce Mar 11, 2021 to Mar 18, 2021¹⁸
SVP, Chief Merch. OfficerRobert Will Mar 11, 2021 to Jun 28, 2023¹⁹
OfficerSharyn M. Hejcl Mar 11, 2021 to Mar 18, 2021²⁰
SVP, CIOVaradheesh Chennakrishnan Mar 11, 2021 to Mar 21, 2022²¹
Board memberPamela B. Corrie Mar 15, 2024 to Mar 15, 2024²²
Board memberBrian William Coleman Jun 28, 2022 to Jun 29, 2023²³
Board memberAnne Mehlman Mar 11, 2021 to Jun 28, 2023²⁴
Board memberDarrell Webb Mar 11, 2021 to Jun 28, 2023²⁵
Board memberEquity Investors L.p. Green V. Mar 11, 2021 to Apr 20, 2021²⁶
Board memberJohn J. Yoon Mar 11, 2021 to Mar 21, 2022²⁷
Board memberJonathan D. Sokoloff Mar 11, 2021 to Jun 29, 2023²⁸
Board memberMarybeth Hays Mar 11, 2021 to Jun 28, 2023²⁹
Board memberWade D. Miquelon Mar 11, 2021 to Mar 21, 2023⁷
General counselAnn Aber Sep 16, 2021 to Jun 28, 2023³⁰

Former names

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

Timeline

Mar 11, 2021New chief executive Wade D. Miquelon becomes CEO⁷

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:

May 1, 202415-12G EDGAR
May 1, 20248-K EDGAR
Apr 18, 2024EFFECT EDGAR
Apr 15, 2024S-8 POS EDGAR
Apr 15, 2024S-8 POS EDGAR
Apr 15, 2024S-8 POS EDGAR
Apr 15, 2024S-8 POS EDGAR
Apr 15, 2024S-8 POS EDGAR
Apr 15, 2024POS AM EDGAR
Mar 22, 20248-K EDGAR
Mar 18, 20248-K EDGAR
Mar 15, 20243 FORM 3 SUBMISSION EDGAR
Mar 14, 20248-K EDGAR
Feb 9, 2024SC 13G/A SEC SCHEDULE 13G EDGAR
Jan 30, 2024SC 13G/A EDGAR
Dec 26, 20238-K EDGAR
Dec 14, 2023S-8 EDGAR
Dec 5, 202310-Q EDGAR
Dec 4, 20238-K EDGAR
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 three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 5 such filings since October 2021:

Feb 9, 2024SC 13G/A
Jan 30, 2024SC 13G/A
Jun 29, 2023SC 13D/A
Jan 31, 2023SC 13G
Feb 11, 2022SC 13G

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARJOANN Inc. filings on SEC EDGAR
2
SEC EDGARJOANN Inc. 10-K for fiscal 2023
3
SEC EDGARJOANN Inc. filings on SEC EDGAR
4
SEC EDGARJOANN Inc. 10-K for fiscal 2020
5
SEC EDGARJOANN Inc. 10-Q for fiscal 2023
6
SEC EDGARJOANN Inc. 10-Q for fiscal 2023
7
SEC EDGARWade D. Miquelon, Chief executive officer
8
SEC EDGARThomas A. Dryer, Chief financial officer
9
SEC EDGARScott Sekella, Chief financial officer
10
SEC EDGARMatthew B. Susz, Chief financial officer
11
SEC EDGARJohn Craig Stalcup, SVP, Chief Information Officer
12
SEC EDGARJoseph Thibault, SVP, Store Operations
13
SEC EDGARLisa Wittman-Smith, Officer
14
SEC EDGARMario Sampson, SVP, Supply Chain
15
SEC EDGARAnn Aber, SVP, GC & Secretary
16
SEC EDGARChristopher Ditullio, SVP, Chief Customer Officer
17
SEC EDGARJanet Duliga, SVP, Chief Admin. Officer
18
SEC EDGARMichael Sagar Joyce, Officer
19
SEC EDGARRobert Will, SVP, Chief Merch. Officer
20
SEC EDGARSharyn M. Hejcl, Officer
21
SEC EDGARVaradheesh Chennakrishnan, SVP, CIO
22
SEC EDGARPamela B. Corrie, Board member
23
SEC EDGARBrian William Coleman, Board member
24
SEC EDGARAnne Mehlman, Board member
25
SEC EDGARDarrell Webb, Board member
26
SEC EDGAREquity Investors L.p. Green V., Board member
27
SEC EDGARJohn J. Yoon, Board member
28
SEC EDGARJonathan D. Sokoloff, Board member
29
SEC EDGARMarybeth Hays, Board member
30
SEC EDGARAnn Aber, General counsel