Investing.com - Joann reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Joann announced earnings per share of $-0.75 on revenue of $463.3M. Analysts polled by Investing.com EPS of $-0.6 on revenue of $452.35M.
Joann 's are down 31% and is trading at $7.14 , still down 47.31% from its 52 week high of $13.55 set on Wednesday, March 16, 2022.
Joann follows other major Consumer Discretionary sector earnings this month
Joann's report follows an earnings beat by Home Depot on Tuesday, August 16, 2022, who reported EPS of $5.05 on revenue of $43.79B, EPS of $4.95 on revenue of $43.36B.
Alibaba ADR had beat expectations on Thursday, August 4, 2022 with third quarter EPS of $11.73 on revenue of $205.56B, for EPS of $10.7 on revenue of $203.47B.
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