J Jill Stock Price, News & Analysis

J.Jill, Inc. (NYSE:JILL) has announced its updated expectations for the fourth quarter of fiscal 2021, projecting a net sales increase of 12% to 13% compared to the same quarter in 2020. The Adjusted EBITDA is forecasted to improve significantly, ranging from $11 million to $13 million, reversing a loss of $3.8 million in the previous year. This positive outlook is attributed to gross margin expansion and effective expense management. The announcement comes ahead of the ICR Conference, which will involve meetings with analysts and investors.

J.Jill, Inc. (NYSE:JILL) reported significant financial improvements for Q3 2021, with total net sales increasing by 29.4% to $151.7 million year-over-year. Comparable sales rose 42.2%, and gross profit surged 51.5% to $104.5 million, boosting gross margin to 68.9%. Adjusted EBITDA improved substantially to $27.0 million from a loss of $1.6 million in Q3 2020. The company anticipates revenue growth in Q4, driven by strong full-price selling despite potential challenges from freight costs.

J.Jill, Inc. (NYSE:JILL) will release its third-quarter fiscal year 2021 financial results after market close on December 13, 2021. A conference call will be hosted by CEO Claire Spofford and CFO Mark Webb at 4:30 p.m. Eastern Time to discuss the results. Interested investors can access the call by dialing (844) 502-5028 or internationally at (647) 689-5145, referencing Conference ID 5847597. A replay will be available shortly after the call and accessible until December 20, 2021.

J.Jill, Inc. (NYSE:JILL) reported a 71.9% growth in total net sales to $159.2 million for Q2 FY2021 compared to Q2 FY2020, driven by strong full-price selling. Gross profit reached $109.4 million, with a margin of 68.7%. Despite these improvements, the company faced a net loss of $24.6 million, primarily due to non-cash charges related to warrant adjustments. J.Jill anticipates ongoing supply chain challenges and plans to close about 20 stores in FY2021, with no financial guidance provided at this time.

J.Jill, Inc. (NYSE:JILL) will release its second quarter fiscal year 2021 financial results on September 9, 2021, before market open. CEO Claire Spofford and CFO Mark Webb will host a conference call at 8:00 a.m. Eastern Time to discuss the results. Analysts and investors can join the call by dialing (844) 502-5028 or (647) 689-5145 for international calls, using Conference ID 1689079. A live webcast will be available online. A recorded replay will be accessible after the call until September 17, 2021.

J.Jill, Inc. (NYSE:JILL) has appointed Jyothi Rao to its Board of Directors effective July 12, 2021. Michael Rahamim, J.Jill's Chairman, emphasized her background in luxury fashion as a valuable addition. CEO Claire Spofford noted Rao's extensive retail knowledge will strengthen the board. Rao, currently CEO of INTERMIX, brings experience from Gilt Groupe, Calvin Klein, and Gap Inc. J.Jill is a recognized omnichannel women’s apparel brand, operating 265 stores and a robust e-commerce platform, aimed at empowering women with inspired styles.

J.Jill, Inc. reported a significant first quarter financial recovery, with net sales jumping 41.9% to $129.1 million, driven by strong consumer demand post-pandemic. Gross profit surged to $87.8 million, yielding a gross margin of 68%, a substantial rise from the previous year. Adjusted EBITDA improved to $16.9 million, marking a turnaround from a loss of $25.8 million. However, the company also faced a net loss of $18.3 million, influenced by non-cash charges related to its Priming Loan. Looking ahead, J.Jill aims to close about 20 stores in fiscal 2021.

J.Jill, Inc. (NYSE:JILL) will release its financial results for Q1 fiscal 2021 on June 8, 2021, before market open. CEO Claire Spofford and CFO Mark Webb will host a conference call at 8:00 a.m. ET to discuss these results. Investors can participate by dialing (844) 502-5028 or (647) 689-5145 internationally, and should call 10 minutes early, referencing Conference ID 6224209. A live audio webcast will also be available online. A replay of the call will be accessible shortly after the event until June 15, 2021.

J.Jill, Inc. (NYSE:JILL) released its financial results for Q4 and fiscal year ending January 30, 2021, highlighting challenges due to the COVID-19 pandemic. Total net sales for Q4 were $120.4 million, a decline from $168.1 million in the same period last year. Inventory decreased by 20.1% year-over-year. Gross profit was $68.7 million, with a gross margin of 57.0%. The company reported a net loss of $29.0 million, improved from $38.6 million a year prior. J.Jill expects to close about 20 stores in fiscal 2021 and plans a capital spend of approximately $10 million.