Joann said it expects sales for fiscal-year 2024 to be down 1% to 2%, including the benefit of an extra week. In August, the company called for a drop between 1% and 3%, also including the extra week.

JOANN has new value brands ... launching early doorbusters for customers to get ready for the season, with new sale events every weekend through holidays. This includes promotions for Halloween ...

For fiscal 2024, JOANN anticipates a 1-2% decline in net revenues (inclusive of a nearly 2% impact from the 53rd week). The company earlier anticipated net sales to decline 1-3% year over year.

JOANN has new value brands, an expanded yarn assortment ... Additionally, the retailer is launching early doorbusters for customers to get ready for the season, with new sale events every weekend ...