Latest profit margin for JOANN: -10.88% — see history and peer comparisons.
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+ FollowAs of Oct 2023
Trailing 12 months ending Oct 2023
JOANN's profit margin stands at -10.88% as of October 2023. That compares with -4.24% in the prior-year period — down 156.3% year over year. That is below the Consumer Staples sector average of 15.73%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
JOANN reported -10.88% in profit margin versus -4.24% a year earlier — a 156.3% year-over-year decrease. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.
JOANN sits lower the Consumer Staples benchmark (15.73%) with a profit margin of -10.88%. That is roughly 169.1% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
A profit margin of -10.88% for JOANN means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.
The history chart shows how JOANN's profit margin evolved across reporting periods, while the comparison chart places JOAN next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.