earnings
confidence high
sentiment positive
materiality 0.80
J.Jill Q2 net sales up 0.7% to $160.3M, operating income up 19.9%, record adjusted EBITDA
J.Jill, Inc.
2022-Q2 EPS reported
$2.27
revenue$317,412,000
- Net sales $160.3M (+0.7% YoY); comparable sales +0.8%; direct-to-consumer 45.7% of sales.
- Gross margin 70.1% vs 68.7% (+150bps) on strong full-price selling despite 140bps freight headwind.
- Income from operations $28.2M (+19.9%); adjusted EBITDA record $35.6M (22.2% margin).
- Net income $17.8M ($1.25 diluted EPS) vs net loss of $24.6M (-$1.98) in Q2 FY2021.
- Cash $61.9M; inventory $54.4M (+12.2% from in-transit); exploring term loan refinancing.