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JOANN (JOANQ) Degree of Operating Leverage : 0.00 (As of Oct. 2023)


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What is JOANN Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. JOANN's Degree of Operating Leverage for the quarter that ended in Oct. 2023 was 0.00. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for JOANN's Degree of Operating Leverage or its related term are showing as below:

JOANQ's Degree of Operating Leverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 1.29
* Ranked among companies with meaningful Degree of Operating Leverage only.

JOANN Degree of Operating Leverage Historical Data

The historical data trend for JOANN's Degree of Operating Leverage 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 Degree of Operating Leverage Chart

JOANN Annual Data
Trend Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Degree of Operating Leverage
Get a 7-Day Free Trial - - -0.68 4.88 32.73

JOANN Quarterly Data
Jan18 Jan19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Degree of Operating Leverage 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 14.61 32.73 83.40 -86.06 -31.42

Competitive Comparison of JOANN's Degree of Operating Leverage

For the Specialty Retail subindustry, JOANN's Degree of Operating Leverage, along with its competitors' market caps and Degree of Operating Leverage 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 Degree of Operating Leverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, JOANN's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where JOANN's Degree of Operating Leverage falls into.


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JOANN Degree of Operating Leverage Calculation

JOANN's Degree of Operating Leverage for the quarter that ended in Oct. 2023 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -193 (Oct. 2023) / -83.2 (Oct. 2022) - 1 )/( 2164.5 (Oct. 2023) / 2259.4 (Oct. 2022) - 1 )
=1.3197/-0.042
=-31.42***

* 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.

** TTM data of EBIT and Revenue was used to calculate Degree of Operating Leverage.
*** Please be aware that the Degree of Operating Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


JOANN  (OTCPK:JOANQ) Degree of Operating Leverage Explanation

Degree of Operating Leverage (DOL) is a leverage ratio that measures the sensitivity of a company’s operting income, also referred to as Earnings Before Interest and Taxes (EBIT), to fluctuations in its Revenue. DOL is a method used to quantify a company’s operating risk. This risk is related to the company's structure of variable costs and fixed costs. Since the fixed costs do not allow the company to adjust the operating costs, the operating risk rises with a higher fixed-to-variable costs proportion.

A high Degree of Operating Leverage indicates that the company’s fixed costs exceed its variable costs. By increasing the sales, the company can earn more profits. In addition, the company must be able to maintain relatively high sales to cover all fixed costs.

Be Aware

The use of operating leverage varies across different industries and business sectors, and the application of Degree of Operating Leverage (DOL) should be adjusted accordingly.


JOANN Degree of Operating Leverage Related Terms

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


JOANN 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