earnings
confidence high
sentiment neutral
materiality 0.70
J.Jill Q2 net sales down 2.9% to $155.7M; raises FY2023 guidance
J.Jill, Inc.
2023-07-29 EPS reported
$1.38
revenue$305,089,000
- Diluted EPS $1.06 ($1.10 adjusted) vs $1.25 ($1.24 adjusted) in Q2 FY2022.
- Gross margin improved 140bps to 71.6%; operating margin up 40bps to 18.0%.
- Comparable sales decreased 1.3%; store count flat at 245; inventory down 16% YoY.
- Adjusted EBITDA $34.5M (22.2% margin) vs $35.6M (22.2%) in prior year.
- Company raises full-year FY2023 guidance (details not specified in press release).