J.Jill, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended July 29, 2023
August 31, 2023 at 11:46 am
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J.Jill, Inc. reported earnings results for the second quarter and six months ended July 29, 2023. For the second quarter, the company reported sales was USD 155.67 million compared to USD 160.34 million a year ago. Net income was USD 15.22 million compared to USD 17.81 million a year ago. Basic earnings per share from continuing operations was USD 1.08 compared to USD 1.28 a year ago. Diluted earnings per share from continuing operations was USD 1.06 compared to USD 1.25 a year ago.
For the six months, sales was USD 305.09 million compared to USD 317.41 million a year ago. Net income was USD 19.82 million compared to USD 32.22 million a year ago. Basic earnings per share from continuing operations was USD 1.4 compared to USD 2.32 a year ago. Diluted earnings per share from continuing operations was USD 1.38 compared to USD 2.27 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. 
