secwatch.observer — SEC 8-K summary
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Issuer:     J.Jill, Inc. (JILL)
CIK:        0001687932
Form:       8-K
Filed at:   2024-03-20T23:59:59+00:00
Accession:  0000950170-24-033962
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

J.Jill Q4 net sales up 1.2% to $149.4M, operating margin expands to 7.0%; FY adjusted EPS $3.13 above prior year
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- Q4 net sales $149.4M (+1.2% YoY) with 53rd week adding $7.9M; comparable sales -3.6% on 13-week basis.
- Q4 gross margin 67.3% vs 64.4%, operating margin 7.0% vs 5.3%; net income $4.8M ($0.33 diluted).
- FY net sales $604.7M (-1.7%); gross margin 70.7% vs 68.6%; adjusted EBITDA $112.2M (18.6% margin).
- FY GAAP net income $36.2M ($2.51 diluted) includes $12.7M loss on debt refinancing; adjusted EPS $3.13 vs $3.01.
- Ended FY with $62.2M cash, $46.4M free cash flow; 244 stores (opened 2, closed 1).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1687932/000095017024033962/0000950170-24-033962-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1687932/000095017024033962/jill-20240320.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-033962

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer