J.Jill, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 28, 2023
December 05, 2023 at 06:45 am EST
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J.Jill, Inc. reported earnings results for the third quarter and nine months ended October 28, 2023. For the third quarter, the company reported sales was USD 150.13 million compared to USD 150.2 million a year ago. Net income was USD 11.62 million compared to USD 8.92 million a year ago. Basic earnings per share from continuing operations was USD 0.82 compared to USD 0.64 a year ago. Diluted earnings per share from continuing operations was USD 0.8 compared to USD 0.62 a year ago.
For the nine months, sales was USD 455.21 million compared to USD 467.62 million a year ago. Net income was USD 31.43 million compared to USD 41.14 million a year ago. Basic earnings per share from continuing operations was USD 2.22 compared to USD 2.95 a year ago. Diluted earnings per share from continuing operations was USD 2.19 compared to USD 2.89 a year ago.
J.Jill, Inc. is a national lifestyle brand, which provides apparel, footwear and accessories. The Companyâs operating segments consist of its retail and direct channels. Its products are marketed under the J.Jill brand name and sold primarily through two channels: its ecommerce platform and catalog (Direct) and its retail stores (Retail). Direct channel consists of its Website and catalog orders. Its Website also provides customers with a range of colors and sizes than available in its stores. In addition to its core assortment, the Company has three sub-brands, Pure Jill, Wearever, and Fit. It also offers accessory collections, such as scarves and jewelry. Wearever is all day refined dressing designed for work, travel, and home. Its products are available across the full range of sizes including regular, petite, and tall, and it provides one, size-integrated shopping destination for customers with sizes from extra small up to 2X in store and 4X online.
J.JILL, INC. 
