J.Jill Q1 net sales increased 7.5% to $161.5M, net income rose to $16.7M, and full-year sales outlook raised to 1-3% growth.
J.Jill Inc., a women's apparel retailer, reported a 7.5% increase in Q1 net sales to $161.5M and a rise in net income to $16.7M or $1.16 per share, up from $4.6M or $0.32 per share last year. Adjusted earnings surpassed analyst estimates at $1.22 per share. The company has raised its full-year sales outlook to 1% to 3% growth from previous expectations of flat to low-single digit growth.
June 07, 2024
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