J.Jill Q1 revenue misses estimates on lower sales volume
J.Jill Q1 revenue misses estimates on lower sales volume
Overview
U.S. apparel retailer's fiscal Q1 revenue fell 6%, missing analyst expectations
Adjusted EPS for fiscal Q1 missed analyst expectations
Company repurchased $0.8 mln of shares in Q1 and reaffirmed full-year outlook
Outlook
J.Jill sees Q2 net sales declining 1% to 3% versus fiscal 2025
Company expects Q2 adjusted EBITDA of $18 mln to $20 mln
J.Jill reaffirms full-year net sales flat to down 2% and adjusted EBITDA of $70 mln to $75 mln
Result Drivers
SALES DECLINE - Q1 net sales fell 6% and comparable sales dropped 8.7%, with direct to consumer sales down 8.3%
TARIFF COSTS - Gross margin declined partly due to $4.7 mln higher net tariff costs year-over-year
Company press release: ID:nBw2tM0tPa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q1 Sales | Miss | $144.43 mln | $146.26 mln (5 Analysts) |
Q1 Adjusted EPS | Miss | $0.45 | $0.54 (5 Analysts) |
Q1 Adjusted EBITDA |
| $16.72 mln |
|
Q1 Adjusted EBITDA Margin |
| 11.60% |
|
Q1 Gross Profit |
| $98.69 mln |
|
Q1 Operating Income |
| $8.76 mln |
|
Q1 Pretax Profit |
| $7.24 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the apparel & accessories retailers peer group is "buy"
Wall Street's median 12-month price target for JJill Inc is $13.50, about 2% below its June 9 closing price of $13.24
The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 6 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)