---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-026736"
form_type: "8-K"
ticker: "JILL"
cik: "0001687932"
company_name: "J.Jill, Inc."
filed_at: "2023-06-07T23:59:59+00:00"
generated_at: "2026-06-14T05:54:49.238063+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# J.Jill Q1 net sales down 4.9% to $149.4M; operating margin up 180bps; refinances debt

## Summary
- Net sales $149.4M vs $157.1M YoY; total comparable sales -2.7%.
- Operating income $25.4M (+6.3%); operating margin 17.0% vs 15.2%.
- Net income $4.6M ($0.32 diluted) includes $12.7M loss on debt refinancing; adjusted EPS $0.96.
- Debt refinancing reduced principal ~$50M, extended maturity to May 2028.
- Inventory down 14.9% to $53.8M; cash $27.9M with $34.2M revolver availability.

## SEC filing metadata
- accession: 0000950170-23-026736
- form_type: 8-K
- ticker: JILL
- cik: 0001687932
- company_name: J.Jill, Inc.
- filed_at: 2023-06-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1687932/000095017023026736/0000950170-23-026736-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1687932/000095017023026736/jill-20230607.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-026736
- JSON: https://secwatch.observer/filing/0000950170-23-026736.json
- Plain text: https://secwatch.observer/filing/0000950170-23-026736.txt

## Key facts
- Earnings Releases
  J.Jill, Inc. reported first quarter ended April 29, 2023 results: revenue $149.4 million, net income $4.6 million, EPS $0.32.
  - Period: first quarter ended April 29, 2023
  - Revenue: $149.4 million
  - Net income: $4.6 million
  - EPS: $0.32
  - Result: reported results
  source text: be expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- EX-99.1 EXHIBIT 99.1 J.JILL, INC. ANNOUNCES FIRST QUARTER 2023 RESULTS Net Sales of $149.4 Million vs. $157.1 Million in Q1 FY2022; Total Company Comparable Sales Down 2.7% vs. Q1 FY2022 Operating Income Increase of 6.3% and Operating Income Margin increase of 180bps vs. Q1
  evidence_url: https://www.sec.gov/Archives/edgar/data/1687932/000095017023026736/0000950170-23-026736-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.