[8-K] J.Jill, Inc. Reports Material Event
Rhea-AI Filing Summary
J.Jill, Inc. reported weaker results for the first quarter of fiscal 2026 as higher tariffs and softer demand pressured sales and margins. Net sales fell 6.0% to $144.4 million, with total comparable sales down 8.7% and direct-to-consumer sales down 8.3%.
Gross margin declined to 68.3% from 71.8%, while operating income dropped to $8.8 million and net income to $4.7 million, or $0.31 per diluted share. Adjusted EBITDA fell to $16.7 million with margin at 11.6%. The company cited about $4.7 million of incremental tariff costs in the quarter.
Management expects second-quarter 2026 net sales to decline 1%–3% and comparable sales to decline 2%–4%, with gross margin down roughly 100 basis points and Adjusted EBITDA of $18–$20 million. For full-year 2026, J.Jill reaffirmed guidance for flat to down 2% net sales, Adjusted EBITDA of $70–$75 million and free cash flow of about $20 million, while planning $20–$25 million of capital expenditures and modest net store growth.
Positive
- None.
Negative
- None.
Insights
J.Jill’s Q1 shows meaningful margin compression with tariff headwinds, but guidance is maintained.
J.Jill saw Q1 2026 net sales fall 6.0% to $144.4 million, with comparable sales down 8.7%. Profitability weakened: gross margin slipped to 68.3% and Adjusted EBITDA declined to $16.7 million, an 11.6% margin versus 17.8% a year earlier.
Management highlighted about $4.7 million of incremental tariff costs in the quarter and expects tariffs to impact gross margin by roughly 100 basis points in Q2 and about $14.5 million for full-year 2026. Despite these pressures, the company reaffirmed full-year guidance for net sales flat to down 2% and Adjusted EBITDA of $70–$75 million.
The company is returning capital through dividends of $0.09 per share and repurchasing 68,500 shares for about $0.8 million, ending the quarter with $36.3 million in cash and $13.3 million remaining under its $25 million buyback authorization. Actual performance versus the reaffirmed outlook, especially on tariffs and comps, will be central in coming quarters.
8-K Event Classification
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
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(I.R.S. Employer Identification No.) |
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Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
Trading symbol(s) |
Name of each exchange on which registered |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 Results of Operations and Financial Condition
On June 10, 2026, J.Jill, Inc. issued a press release to announce its financial results for the first quarter ended May 2, 2026. A copy of the press release is attached as Exhibit 99.1 to this current report on Form 8-K and is incorporated herein by reference.
The information in this report (including Exhibit 99.1) shall not be deemed to be “filed” for purposes of Section 18, of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit No. |
|
Description |
99.1 |
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Press Release dated June 10, 2026, announcing financial results for the fiscal quarter ended May 2, 2026 |
104 |
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Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
Dated: June 10, 2026
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J.JILL, INC. |
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By: |
/s/ Mark Webb |
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Name: |
Mark Webb |
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Title: |
Executive Vice President, Chief Financial and Operating Officer |
EXHIBIT 99.1
J.JILL, INC. ANNOUNCES FIRST QUARTER 2026 RESULTS
Provides Q2 FY26 Outlook
Reaffirms Full Year FY26 Sales and Adjusted EBITDA* Outlook
Quincy, Mass – June 10, 2026 – J.Jill, Inc. (NYSE:JILL) ("J.Jill" or the "Company") today announced financial results for the first quarter of fiscal year 2026.
Mary Ellen Coyne, President and Chief Executive Officer of J.Jill, Inc. stated, “We delivered first quarter results in line with our expectations and are encouraged by early indicators that our strategy is gaining traction. We are balancing speed with careful deliberation as we evolve – making the best decisions for our business and our customers. I am confident in our ability to drive gradual, sequential improvement and position J.Jill for sustainable growth.”
For the first quarter ended May 2, 2026:
1
Balance Sheet and Cash Flow Highlights
*Non-GAAP financial measures. Please see “Non-GAAP Financial Measures” and “Reconciliation of GAAP Net Income to Adjusted EBITDA,” “Reconciliation of GAAP Operating Income to Adjusted Income from Operations,” “Reconciliation of GAAP Net Income to Adjusted Net Income,” and “Reconciliation of GAAP Cash from Operations to Free Cash Flow” for more information.
Share Repurchase Authorization
In the first quarter of fiscal 2026, the Company purchased 68,500 shares of common stock at an average price per share of $11.55, for a total cost of approximately $0.8 million.
As of May 2, 2026, the Company had $13.3 million remaining under the currently authorized $25.0 million share repurchase program, which expires on December 6, 2026. The share repurchase program is expected to be funded through the Company’s existing cash and future free cash flow. The timing of any repurchases and the number of shares repurchased are subject to the discretion of the Company and may be affected by various factors, including general market and economic conditions, the market price of the Company’s common stock, the Company’s earnings, financial condition, capital requirements and levels of indebtedness, legal requirements, and other factors that management may deem relevant. The share repurchase program authorization does not obligate the Company to acquire any shares of its common stock and may be amended, suspended or discontinued at any time. Shares may be repurchased from time to time through open market transactions, block trades, privately negotiated purchase transactions or other purchase techniques and may include purchases effected pursuant to one or more trading plans established pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
Quarterly Dividend Payment
On March 31, 2026 the Board declared a quarterly cash dividend of $0.09 per share, payable on April 28, 2026 to stockholders of record of issued and outstanding shares of the Company’s common stock as of April 14, 2026.
Following the end of the first quarter of fiscal 2026, on June 3, 2026, the Board declared a cash dividend of $0.09 per share, payable on July 8, 2026 to stockholders of record of issued and outstanding shares of the Company’s common stock as of June 24, 2026.
Outlook
The following outlook assumes an average 20% reciprocal tariff rate on applicable inventory received prior to February 28, 2026, an average 10% tariff rate on applicable inventory received after February 28, 2026 through the second quarter of Fiscal 2026, and an average 15% tariff rate thereafter. The Company’s outlook does not assume any tariff refund benefit given ongoing uncertainties related to the timing and ultimate amount of full reimbursement. In addition, the Company's outlook assumes a second half unit inventory purchases positioned down in the mid-single digit percentage range compared to Fiscal 2025.
2
For the second quarter of fiscal 2026, the Company expects the following:
For the full year of fiscal 2026, the Company reaffirms its outlook for Net Sales, Comparable Sales, Gross Margin, Adjusted EBITDA, and Free cash flow, while updating its expectations for total capital expenditures and net new store growth. The Company expects the following:
Conference Call Information
A conference call to discuss first quarter 2026 results is scheduled for today, June 10, 2026, at 8:00 a.m. Eastern Time. Those interested in participating in the call are invited to dial (888) 596-4144 or (646) 968-2525 if calling internationally. Please dial in approximately 10 minutes prior to the start of the call and reference Conference ID 7311773 when prompted. A live audio webcast of the conference call will be available online at http://investors.jjill.com/Investors-Relations/News-Events/events.
A taped replay of the conference call will be available approximately two hours following the call and can be accessed both online and by dialing (800) 770-2030 or (609) 800-9909. The pin number to access the telephone replay is 7311773. The telephone replay will be available until June 17, 2026.
About J.Jill, Inc.
J.Jill is a national lifestyle brand that provides apparel, footwear and accessories designed to help its customers move through a full life with ease. The brand represents an easy, thoughtful and inspired style that celebrates the totality of all women and designs its products with its core brand ethos in mind: keep it simple and make it matter. J.Jill offers a high touch customer experience through about 250 stores nationwide and a robust ecommerce platform. J.Jill is headquartered outside Boston. For more information, please visit www.jjill.com or http://investors.jjill.com. The information included on our websites is not incorporated by reference herein.
Non-GAAP Financial Measures
To supplement our unaudited condensed consolidated financial statements presented in accordance with generally accepted accounting principles (“GAAP”), we use the following non-GAAP measures of financial performance:
3
While we believe that Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Income from Operations, Adjusted Net Income, Adjusted Diluted EPS and Free Cash Flow are useful in evaluating our business, they are non-GAAP financial measures that have limitations as analytical tools. These non-GAAP measures should not be considered alternatives to, or substitutes for, Net Income, Income from Operations, Net Income per Diluted Share or Cash from Operations, which are calculated in accordance with GAAP. In addition, other companies, including companies in our industry, may calculate these non-GAAP measures differently or not at all, which reduces the usefulness of such non-GAAP financial measures as tools for comparison. We recommend that you review the reconciliation and calculation of Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Income from Operations, Adjusted Net Income, Adjusted Diluted EPS and Free Cash Flow to Net Income, Income from Operations, Net Income per Diluted Share and Cash from Operations, respectively, the most directly comparable GAAP financial measures, under “Reconciliation of GAAP Net Income to Adjusted EBITDA”, “Reconciliation of GAAP Operating Income to Adjusted Income from Operations”, “Reconciliation of GAAP Net Income to Adjusted Net Income” and “Reconciliation of GAAP Cash from Operations to Free Cash Flow” and not rely solely on Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Income from Operations, Adjusted Net Income, Adjusted Net Income per Diluted Share, Free Cash Flow or any single financial measure to evaluate our business.
4
Forward-Looking Statements
This press release contains, and oral statements made from time to time by our representatives may contain, “forward-looking statements.” All statements other than statements of historical facts contained in this press release, including statements regarding our strategy, future operations, future financial position, future revenue, projected costs, prospects, plans, objectives of management, expected market growth and any activities, events or developments that we intend, expect or believe may occur in the future are forward-looking statements. Such statements are often identified by words such as “could,” “may,” “might,” “will,” “likely,” “anticipates,” “intends,” “plans,” “seeks,” “believes,” “estimates,” “expects,” “continues,” “ongoing,” “remain,” “projects,” “goal,” “target” (although not all forward-looking statements contain these identifying words) and similar references to future periods, or by the inclusion of forecasts or projections. Forward-looking statements are based on our current expectations and assumptions regarding capital market conditions, our business, the economy and other future conditions and are not guarantees of future performance. Because forward-looking statements relate to the future, by their nature, they are inherently subject to a number of risks, uncertainties, potentially inaccurate assumptions and changes in circumstances that are difficult to predict. As a result, our actual results may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ materially from those in any forward-looking statements include regional, national or global political, economic, business, competitive, market and regulatory conditions, including risks regarding: (1) our sensitivity to changes in economic conditions and discretionary consumer spending; (2) the material adverse impact of pandemics, other health crises or natural disasters on our operations, business and financial results; (3) our ability to anticipate and respond to changing customer preferences, shifts in fashion and industry trends in a timely manner; (4) our ability to maintain our brand image, engage new and existing customers and gain market share; (5) the impact of operating in a highly competitive industry with increased competition; (6) our ability to successfully optimize our omnichannel operations, including our ability to enhance our marketing efforts and successfully realize the benefits from our investments in new technology, for example our new predictive AI-powered inventory forecasting model and other AI tools, point-of-sale system and the forthcoming upgrade to our order management system; (7) our ability to use effective marketing strategies and increase existing and new customer traffic; (8) any interruptions in our foreign sourcing operations and the relationships with our suppliers and agents; (9) any increases in the demand for, or the price of, raw materials used to manufacture our merchandise and other fluctuations in sourcing and distribution costs; (10) any material damage or interruptions to our information systems; (11) our ability to protect our trademarks and other intellectual property rights; (12) our indebtedness restricting our operational and financial flexibility; (13) our ability to manage our inventory levels, size assortments and merchandise mix; (14) the fact that we are no longer a controlled company; (15) the impact of any new or increased tariffs; (16) our management succession plan; and (17) other factors that may be described in our filings with the Securities and Exchange Commission (the “SEC”), including the factors set forth under “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended January 31, 2026. You are encouraged to read our filings with the SEC, available at www.sec.gov, for a discussion of these and other risks and uncertainties. We caution investors, potential investors and others not to place considerable reliance on the forward-looking statements in this press release and in the oral statements made by our representatives. Any such forward-looking statement speaks only as of the date on which it is made. J.Jill undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.
(Tables Follow)
5
J.Jill, Inc.
Consolidated Statements of Operations and Comprehensive Income
(Unaudited)
(Amounts in thousands, except share and per share data)
|
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For the Thirteen Weeks Ended |
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|||||
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May 2, 2026 |
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May 3, 2025 |
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Net sales |
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$ |
144,427 |
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$ |
153,624 |
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Costs of goods sold (exclusive of depreciation and amortization) |
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45,734 |
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|
|
43,267 |
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Gross profit |
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98,693 |
|
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110,357 |
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Selling, general and administrative expenses |
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89,718 |
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|
|
91,088 |
|
Impairment of long-lived assets |
|
|
214 |
|
|
|
207 |
|
Operating income |
|
|
8,761 |
|
|
|
19,062 |
|
Interest expense |
|
|
1,871 |
|
|
|
2,789 |
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Interest income |
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(347 |
) |
|
|
(388 |
) |
Income before provision for income taxes |
|
|
7,237 |
|
|
|
16,661 |
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Income tax provision |
|
|
2,549 |
|
|
|
4,969 |
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Net income and total comprehensive income |
|
$ |
4,688 |
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$ |
11,692 |
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Net income per common share: |
|
|
|
|
|
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||
Basic |
|
$ |
0.32 |
|
|
$ |
0.76 |
|
Diluted |
|
$ |
0.31 |
|
|
$ |
0.76 |
|
Weighted average common shares: |
|
|
|
|
|
|
||
Basic |
|
|
14,880,999 |
|
|
|
15,314,474 |
|
Diluted |
|
|
14,975,282 |
|
|
|
15,390,957 |
|
|
|
|
|
|
|
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||
Cash dividends declared per common share |
|
$ |
0.09 |
|
|
$ |
0.08 |
|
6
J.Jill, Inc.
Consolidated Balance Sheets
(Unaudited)
(Amounts in thousands, except share data)
|
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May 2, 2026 |
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January 31, 2026 |
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Assets |
|
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Current assets: |
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|
|
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Cash and cash equivalents |
|
$ |
36,297 |
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|
$ |
41,015 |
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Accounts receivable, net |
|
|
8,505 |
|
|
|
4,322 |
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Inventories, net |
|
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63,922 |
|
|
|
70,066 |
|
Prepaid expenses and other current assets |
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25,711 |
|
|
|
25,786 |
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Total current assets |
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134,435 |
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|
|
141,189 |
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Property and equipment, net |
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56,535 |
|
|
|
56,794 |
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Intangible assets, net |
|
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55,183 |
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|
|
56,322 |
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Goodwill |
|
|
59,697 |
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59,697 |
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Operating lease assets, net |
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124,106 |
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128,944 |
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Other assets |
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|
7,515 |
|
|
|
7,270 |
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Total assets |
|
$ |
437,471 |
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$ |
450,216 |
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Liabilities and Shareholders’ Equity |
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|
|
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Current liabilities: |
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Accounts payable |
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$ |
44,094 |
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$ |
57,650 |
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Accrued expenses and other current liabilities |
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34,184 |
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|
|
30,864 |
|
Current portion of long-term debt |
|
|
1,594 |
|
|
|
1,875 |
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Current portion of operating lease liabilities |
|
|
38,568 |
|
|
|
40,259 |
|
Total current liabilities |
|
|
118,440 |
|
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|
130,648 |
|
Long-term debt, net of discount and current portion |
|
|
71,319 |
|
|
|
71,435 |
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Deferred income taxes |
|
|
15,461 |
|
|
|
14,403 |
|
Operating lease liabilities, net of current portion |
|
|
106,990 |
|
|
|
111,231 |
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Other liabilities |
|
|
970 |
|
|
|
1,000 |
|
Total liabilities |
|
|
313,180 |
|
|
|
328,717 |
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Commitments and contingencies |
|
|
|
|
|
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Shareholders’ Equity |
|
|
|
|
|
|
||
Common stock, par value $0.01 per share; 50,000,000 shares authorized; 15,677,489 and 15,522,614 shares issued at May 2, 2026 and January 31, 2026 respectively; and 14,951,415 and 14,865,040 shares outstanding at May 2, 2026 and January 31, 2026, respectively |
|
|
159 |
|
|
|
157 |
|
Additional paid-in capital |
|
|
239,876 |
|
|
|
240,981 |
|
Treasury stock, at cost, 726,074 and 657,574 shares at May 2, 2026 and January 31, 2026, respectively |
|
|
(11,681 |
) |
|
|
(10,888 |
) |
Accumulated deficit |
|
|
(104,063 |
) |
|
|
(108,751 |
) |
Total shareholders’ equity |
|
|
124,291 |
|
|
|
121,499 |
|
Total liabilities and shareholders’ equity |
|
$ |
437,471 |
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|
$ |
450,216 |
|
7
J.Jill, Inc.
Reconciliation of GAAP Net Income to Adjusted EBITDA
(Unaudited)
(Amounts in thousands)
|
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For the Thirteen Weeks Ended |
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|||||
|
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May 2, 2026 |
|
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May 3, 2025 |
|
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Net income |
|
$ |
4,688 |
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|
$ |
11,692 |
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Add (Less): |
|
|
|
|
|
|
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Depreciation and amortization |
|
|
5,252 |
|
|
|
5,349 |
|
Income tax provision |
|
|
2,549 |
|
|
|
4,969 |
|
Interest expense |
|
|
1,871 |
|
|
|
2,789 |
|
Interest income |
|
|
(347 |
) |
|
|
(388 |
) |
Adjustments: |
|
|
|
|
|
|
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Equity-based compensation expense (a) |
|
|
1,252 |
|
|
|
966 |
|
Write-off of property and equipment (b) |
|
|
36 |
|
|
|
151 |
|
Amortization of cloud-based software implementation costs (c) |
|
|
554 |
|
|
|
457 |
|
Adjustment for exited retail stores (d) |
|
|
(296 |
) |
|
|
(232 |
) |
Impairment of long-lived assets (e) |
|
|
214 |
|
|
|
207 |
|
Other non-recurring items (f) |
|
|
948 |
|
|
|
1,375 |
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Adjusted EBITDA |
|
$ |
16,721 |
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|
$ |
27,335 |
|
Net sales |
|
|
144,427 |
|
|
|
153,624 |
|
Adjusted EBITDA margin |
|
|
11.6 |
% |
|
|
17.8 |
% |
8
J.Jill, Inc.
Reconciliation of GAAP Operating Income to Adjusted Income from Operations
(Unaudited)
(Amounts in thousands)
|
|
For the Thirteen Weeks Ended |
|
|||||
|
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May 2, 2026 |
|
|
May 3, 2025 |
|
||
Operating income |
|
$ |
8,761 |
|
|
$ |
19,062 |
|
Add (Less): |
|
|
|
|
|
|
||
Equity-based compensation expense (a) |
|
|
1,252 |
|
|
|
966 |
|
Write-off of property and equipment (b) |
|
|
36 |
|
|
|
151 |
|
Adjustment for exited retail stores (c) |
|
|
(296 |
) |
|
|
(232 |
) |
Impairment of long-lived assets (d) |
|
|
214 |
|
|
|
207 |
|
Other non-recurring items (e) |
|
|
948 |
|
|
|
1,375 |
|
Adjusted income from operations |
|
$ |
10,915 |
|
|
$ |
21,529 |
|
9
J.Jill, Inc.
Reconciliation of GAAP Net Income to Adjusted Net Income
(Unaudited)
(Amounts in thousands, except share and per share data)
|
|
For the Thirteen Weeks Ended |
|
|||||
|
|
May 2, 2026 |
|
|
May 3, 2025 |
|
||
Net income |
|
$ |
4,688 |
|
|
$ |
11,692 |
|
Add: Income tax provision |
|
|
2,549 |
|
|
|
4,969 |
|
Income before provision for income tax |
|
|
7,237 |
|
|
|
16,661 |
|
Adjustments: |
|
|
|
|
|
|
||
Equity-based compensation expense (a) |
|
|
1,252 |
|
|
|
966 |
|
Write-off of property and equipment (b) |
|
|
36 |
|
|
|
151 |
|
Adjustment for exited retail stores (c) |
|
|
(296 |
) |
|
|
(232 |
) |
Impairment of long-lived assets (d) |
|
|
214 |
|
|
|
207 |
|
Other non-recurring items (e) |
|
|
948 |
|
|
|
1,375 |
|
Adjusted income before income tax provision |
|
|
9,391 |
|
|
|
19,128 |
|
Less: Adjusted tax provision (f) |
|
|
2,723 |
|
|
|
5,547 |
|
Adjusted net income |
|
$ |
6,668 |
|
|
$ |
13,581 |
|
Adjusted net income per share: |
|
|
|
|
|
|
||
Basic |
|
$ |
0.45 |
|
|
$ |
0.89 |
|
Diluted |
|
$ |
0.45 |
|
|
$ |
0.88 |
|
Weighted average number of common shares: |
|
|
|
|
|
|
||
Basic |
|
|
14,880,999 |
|
|
|
15,314,474 |
|
Diluted |
|
|
14,975,282 |
|
|
|
15,390,957 |
|
10
J.Jill, Inc.
Selected Cash Flow Information
(Unaudited)
(Amounts in thousands)
Summary Data from the Statement of Cash Flows
|
|
For the Thirteen Weeks Ended |
|
|||||
|
|
May 2, 2026 |
|
|
May 3, 2025 |
|
||
Net cash provided by operating activities |
|
$ |
1,687 |
|
|
$ |
5,336 |
|
Net cash used in investing activities |
|
|
(2,793 |
) |
|
|
(2,724 |
) |
Net cash used in financing activities |
|
$ |
(3,612 |
) |
|
|
(6,794 |
) |
Net change in cash and cash equivalents |
|
|
(4,718 |
) |
|
|
(4,182 |
) |
Cash and cash equivalents and restricted cash: |
|
|
|
|
|
|
||
Beginning of Period |
|
|
41,378 |
|
|
|
35,790 |
|
End of Period (a) |
|
$ |
36,660 |
|
|
$ |
31,608 |
|
Summary Data from the Statement of Cash Flows
The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amounts shown in the consolidated statements of cash flows:
|
|
For the Thirteen Weeks Ended |
|
|||||
|
|
May 2, 2026 |
|
|
May 3, 2025 |
|
||
Cash and cash equivalents |
|
$ |
36,297 |
|
|
$ |
31,245 |
|
Restricted cash reported in Prepaid expenses and other current assets |
|
|
363 |
|
|
|
363 |
|
Total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows |
|
$ |
36,660 |
|
|
$ |
31,608 |
|
Reconciliation of GAAP Cash from Operations to Free Cash Flow
|
|
For the Thirteen Weeks Ended |
|
|||||
|
|
May 2, 2026 |
|
|
May 3, 2025 |
|
||
Net cash provided by operating activities |
|
$ |
1,687 |
|
|
$ |
5,336 |
|
Less: Capital expenditures (a) |
|
|
(2,793 |
) |
|
|
(2,724 |
) |
Free cash flow |
|
$ |
(1,106 |
) |
|
$ |
2,612 |
|
Contacts:
Investor Relations:
Caitlin Churchill
ICR, Inc.
investors@jjill.com
203-682-8200
Business and Financial Media:
Michael McMullan / Danielle Poggi
Berns Communications Group
mmcmullan@bcg-pr.com / dpoggi@bcg-pr.com
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