JOANN Inc. (NASDAQ:JOAN) Q4 2023 Earnings Call Transcript

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Rob Will: It’s Rob. Just to add in there, our craft technology business that we referenced saw AURs down 11%, which did have a negative impact on our AUR in the quarter. But as we look at those core businesses that Chris and Wade had mentioned, with sewing and craft, the balance of the craft business, we’re actually seeing a nice uptick in our AURs as customers are returning to apparel sewing, which is inherently a little bit higher per yard retail.

Joe Feldman: Got it. That’s helpful. Thanks guys. Good luck with this current quarter.

Operator: This concludes our question-and-answer session. The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect.

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