Welcome to our dedicated page for J Jill news (Ticker: JILL), a resource for investors and traders seeking the latest updates and insights on J Jill stock.
J.Jill, Inc. reports company developments tied to its women’s lifestyle apparel, footwear and accessories brand, which sells through retail stores, ecommerce and catalog channels. News commonly covers quarterly and annual results, comparable sales, direct-to-consumer performance, product assortment and marketing initiatives, and customer acquisition efforts across the J.Jill brand.
Recurring updates also include cash dividends, share repurchase authorization activity, financing and refinancing transactions, guidance, investor-conference participation, and leadership changes in marketing, finance and operations. These announcements reflect the company’s mix of store-based retail operations, direct selling and public-company capital allocation decisions.
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.
J.Jill, Inc. (NYSE:JILL) will release its financial results for Q4 and fiscal year 2020 before market open on March 16, 2021. CEO Claire Spofford and CFO Mark Webb will discuss the results in a conference call at 8:00 a.m. ET. Investors can join the call by dialing (844) 502-5028 or (647) 689-5145, with the conference ID 3458724. A live audio webcast will also be available. A replay of the call will be accessible two hours later until March 23, 2021.
J.Jill is an omnichannel retailer known for its women's apparel, operating over 265 stores and a strong e-commerce platform.
On February 15, 2021, J.Jill (NYSE: JILL) granted 300,000 restricted stock units (RSUs) to CEO Claire Spofford as an inducement to her hiring. This grant, approved by the Board and outside the 2017 Omnibus Equity Incentive Plan, is in compliance with NYSE Rule 303A.08. The RSUs will vest in equal installments over four years, contingent upon Ms. Spofford's continued employment, with potential accelerated vesting for qualifying terminations. J.Jill operates over 270 stores and a strong e-commerce platform, focusing on women's apparel.
J.Jill, Inc. (NYSE:JILL) announced Q3 2020 results, reporting a net loss of $23.2 million, compared to a profit of $2.4 million in Q3 2019. Direct sales increased by 4%, comprising 63.3% of total sales. Gross profit declined to $69.0 million with a gross margin of 58.9%, down from 64.4% a year ago. The company successfully reduced inventory by 17%, ending Q3 with $67.6 million in stock. Despite ongoing challenges from the COVID-19 pandemic, J.Jill anticipates ending the fiscal year with around 270 stores and has appointed Claire Spofford as the new CEO, effective early 2021.