J.Jill news and archive

J.Jill: Q3 comparable sales and earnings improve

J.Jill’s third quarter net sales were down 0.1 percent to 150.1 million dollars, while comparable sales increased by 1.9 percent. For the fourth quarter, the company expects revenues to be approximately flat and adjusted EBITDA to be in the range of 11 million dollars and 13 million dollars. For fiscal 2023, the company continues to expect...

Business

J.Jill names Maria Martinez as chief human resources officer

J.Jill has appointed Maria Martinez as its chief human resources officer (CHRO), effective immediately. In this role, the company said in a statement, Martinez will lead J.Jill’s human resources function and strategy, including talent acquisition and retention, corporate and retail business partners, culture and engagement, diversity, equity,...

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J.Jill posts Q2 sales decline

Second quarter net sales at J.Jill, Inc. were down 2.9 percent to 155.7 million dollars, while comparable sales, which includes comparable store and direct to consumer sales, decreased by 1.3 percent. Total net sales for the twenty-six weeks were down 3.9 percent to 305.1 million dollars, while comparable sales, which includes comparable store...

Business

J.Jill Q1 sales decline by 4.9 percent

J.Jill, Inc. reported a drop in its first quarter net sales of 4.9 percent to 149.4 million dollars. The company said, comparable sales, which includes comparable store and direct to consumer sales, decreased by 2.7 percent. For the second quarter, the company expects revenues to be down mid-single digits and for adjusted EBITDA to be in the...

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J.Jill reports uptick in Q4 sales, swings to FY profit

J.Jill beat estimates in the fourth quarter after reporting a 1.7 percent uptick in sales in the period ended January 28. The US womenswear retailer made net sales of 147.7 million dollars compared to 145.2 million dollars in the prior year period. J.Jill previously said it expected Q4 sales to be flat or down 3 percent year-on-year. In terms of...

Business

J.Jill reaffirms sales and EBITDA outlook

J.Jill, Inc. has reaffirmed its fourth quarter and full year 2022 guidance in advance of its presentation and investor meetings at the 25th Annual ICR conference. For the fourth quarter of fiscal 2022, the company continues to expect revenues to be flat to down 3 percent compared to the fourth quarter of fiscal 2021, and adjusted EBITDA to be in...

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J.Jill reports drop in Q3 sales, profit

US womenswear retailer J.Jill has reported a drop in profit and sales in the third quarter of the year. In the three months to October 29, its net income fell to 8.9 million dollars from 11.2 million dollars a year earlier. Its earnings adjusted for non-recurring costs came in at 0.77 dollars per share, ahead of expectations. “We delivered...

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J.Jill swings to Q2 profit

J.Jill was back in the black in the second quarter of the year as its revenue edged up slightly. In the three months ended July 30, the US womenswear retailer swung to a net income of 17.8 million dollars from a loss of 24.6 million dollars a year earlier. Adjusted EBITDA was a record 35.6 million dollars, up from 32.7 million dollars. The...

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J. Jill's FY21 sales grow by 37.1 percent, cuts loss

For the fourth quarter, J. Jill Inc. reported total net sales up 15.3 percent to 145.2 million dollars, while the company’s comparable sales, which includes comparable store and direct to consumer sales, increased by 19.7 percent. Direct to consumer net sales were down 8.8 percent over 2020. For the full year, total net sales were up 37.1...

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J.Jill reports increase in Q3 sales, swings to profit

US womenswear retailer J.Jill has swung to a profit in the third quarter of the year amid a near 30 percent increase in sales. In the 13 weeks to October 30, net sales increased 29.4 percent to 151.7 million dollars compared to the same period a year earlier. Total company comparable sales, which includes comparable store and direct to consumer...

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J.Jill reports widening Q2 losses despite strong sales

US womenswear retailer J.Jill has reported widening losses in the second quarter of the year despite strong sales growth. In the thirteen weeks to July 31, total net sales were up 71.9 percent to 159.2 million dollars compared to a year ago when the business was negatively affected by store closures which lasted for approximately half of the...

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J.Jill appoints new board member

US womenswear retailer J.Jill has appointed Jyothi Rao to its board of directors. Rao is currently the CEO and president of omnichannel boutique retailer Intermix, and previously held various leadership positions across brands like Calvin Klein and Gap. J.Jill CEO and president Claire Spofford welcomed Rao to the new role, and said she looks...