secwatch.observer — SEC 8-K summary
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Issuer:     J.Jill, Inc. (JILL)
CIK:        0001687932
Form:       8-K
Filed at:   2024-06-07T23:59:59+00:00
Accession:  0000950170-24-070208
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

J.Jill Q1 net sales up 7.5% to $161.5M; comps up 3.1%; raises FY24 guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1687932/000095017024070208/0000950170-24-070208-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1687932/000095017024070208/jill-20240607.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-070208

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