earnings
confidence medium
sentiment positive
materiality 0.85
J.Jill Q1 net sales up 7.5% to $161.5M; comps up 3.1%; raises FY24 guidance
J.Jill, Inc.
2024-Q1 EPS reported
$1.16
revenue$161,513,000
- Q1 net sales $161.5M (+7.5% YoY); total comparable sales +3.1%.
- Gross margin 72.9% (+80 bps); operating income $28.4M, margin 17.6% (+70 bps).
- Net income $16.7M ($1.16 diluted EPS) vs $4.6M ($0.32) a year ago; adjusted EPS $1.22.
- Paid down ~$60M of debt and initiated ordinary quarterly dividend program.
- Raised full-year FY24 guidance; cash $77.1M, free cash flow $19.2M.