Overview
Lifestyle apparel brand's Q3 net sales slightly beat analysts' expectations
Adjusted EBITDA for Q3 decreased to $24.3 mln from $26.8 mln last year
Company opened two new stores and repurchased shares worth approximately $2 mln
Outlook
J.Jill expects Q4 net sales to decline 5% to 7% from fiscal 2024
Company forecasts Q4 comparable sales to fall 6.5% to 8.5%
J.Jill anticipates Q4 adjusted EBITDA between $3 mln and $5 mln
Result Drivers
MARKETING MIX - Co is rebalancing its marketing mix and refreshing imagery to drive sales
DIRECT SALES - Direct to consumer sales rose 2% in Q3, representing 46.8% of total sales
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Slight Beat*
$150.53 mln
$149.80 mln (5 Analysts)
Q3 EPS
$0.60
Q3 Gross Profit
$106.72 mln
Q3 Operating Income
$14.92 mln
Q3 Pretax Profit
$12.79 mln
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
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 $18.50, about 12.2% above its December 9 closing price of $16.49
The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 5 three months ago
Press Release: ID:nBw8yD025a
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@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.)
