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JOANN (JOANQ) Pretax Margin % : -5.87% (As of Oct. 2023)


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What is JOANN Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. JOANN's Pre-Tax Income for the three months ended in Oct. 2023 was $-32 Mil. JOANN's Revenue for the three months ended in Oct. 2023 was $540 Mil. Therefore, JOANN's pretax margin for the quarter that ended in Oct. 2023 was -5.87%.

The historical rank and industry rank for JOANN's Pretax Margin % or its related term are showing as below:

JOANQ' s Pretax Margin % Range Over the Past 10 Years
Min: -23.85   Med: 2.4   Max: 8.7
Current: -13.63


JOANQ's Pretax Margin % is ranked worse than
86.2% of 1109 companies
in the Retail - Cyclical industry
Industry Median: 2.98 vs JOANQ: -13.63

JOANN Pretax Margin % Historical Data

The historical data trend for JOANN's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

JOANN Pretax Margin % Chart

JOANN Annual Data
Trend Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Pretax Margin %
Get a 7-Day Free Trial 1.96 -23.85 8.70 2.88 -12.25

JOANN Quarterly Data
Jan18 Jan19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.26 -17.35 -12.45 -18.42 -5.87

Competitive Comparison of JOANN's Pretax Margin %

For the Specialty Retail subindustry, JOANN's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


JOANN's Pretax Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, JOANN's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where JOANN's Pretax Margin % falls into.



JOANN Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

JOANN's Pretax Margin for the fiscal year that ended in Jan. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jan. 2023 )/Revenue (A: Jan. 2023 )
=-271.6/2216.9
=-12.25 %

JOANN's Pretax Margin for the quarter that ended in Oct. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Oct. 2023 )/Revenue (Q: Oct. 2023 )
=-31.7/539.8
=-5.87 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


JOANN  (OTCPK:JOANQ) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


JOANN Pretax Margin % Related Terms

Thank you for viewing the detailed overview of JOANN's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


JOANN (JOANQ) Business Description

Traded in Other Exchanges
N/A
Address
5555 Darrow Road, Hudson, OH, USA, 44236
JOANN Inc is engaged in the sewing business. The company provides fabrics, sewing supplies, yarn and needle arts, paper crafting, jewelry making, fabric crafting, craft lights, wedding decorations, and home decor products. It generates maximum revenue from Arts and Crafts and Home Decor products.
Executives
Joseph Thibault officer: SVP, Store Operations 5555 DARROW ROAD, HUDSON OH 44236
John Craig Stalcup officer: SVP, Chief Information Officer C/O JOANN INC., 5555 DARROW RD., HUDSON OH 44236
Marybeth Hays director C/O JO-ANN STORES HOLDINGS INC., 5555 DARROW ROAD, HUDSON OH 44236
Scott Sekella officer: SVP, Chief Financial Officer C/O JOANN INC., 5555 DARROW ROAD, HUDSON OH 44236
Ann Aber officer: SVP, GC & Secretary C/O JO-ANN STORES HOLDINGS INC., 5555 DARROW ROAD, HUDSON OH 44236
Robert Will officer: SVP, Chief Merch. Officer C/O JO-ANN STORES HOLDINGS INC., 5555 DARROW ROAD, HUDSON OH 44236
Christopher Ditullio officer: SVP, Chief Customer Officer C/O JO-ANN STORES HOLDINGS INC., 5555 DARROW ROAD, HUDSON OH 44236
Green Equity Investors Cf, L.p. director, 10 percent owner 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Thomas A Dryer officer: VP, Interim CFO & Controller C/O JOANN INC., 5555 DARROW ROAD, HUDSON OH 44236
Brian William Coleman director 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Mario Sampson officer: SVP, Supply Chain C/O JOANN INC., 5555 DARROW ROAD, HUDSON OH 44236
Darrell Webb director 5555 DARROW ROAD, HUDSON OH 44236
Varadheesh Chennakrishnan officer: SVP, CIO C/O JO-ANN STORES HOLDINGS INC., 5555 DARROW ROAD, HUDSON OH 44236
Matthew B. Susz officer: SVP, CFO C/O JO-ANN STORES HOLDINGS INC., 5555 DARROW ROAD, HUDSON OH 44236
Wade D Miquelon director, officer: President and CEO 108 WILMOT ROAD, DEERFIELD IL 60015

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