J.Jill Posts Higher 3Q Profit, Revenue

Dow Jones2024-12-12

By Kailyn Rhone

J.Jill reported higher profit, revenue in the third quarter on boost in direct to consumer sales.

The women's apparel company posted a profit of $151.3 million, or 80 cents a share, up from $150.9 million, or 80 cents a share, in the same quarter a year ago.

Stripping out one-time items, adjusted earnings were 89 cents a share. Analysts polled by FactSet had been expecting 80 cents a share.

Sales rose to $151.3 million from $150.9 million a year earlier, slightly ahead of analyst forecasts for $151 million, according to FactSet.

Comparable sales in both stores and the direct-to-consumer channel were nearly flat, due to hurricane-related disruptions in the quarter.

For the fourth quarter, J.Jill expects net sales to be down 4% to 6%. J. Jill maintained its guidance for sales to be flat to up 1% this year.

The company opened three new locations and reopened one store that was temporarily closed for relocation. The company had 247 stores at the end of the quarter.

J.Jill said President and Chief Executive Claire Spofford will exit her role in April. The company did not disclose who will succeed her.

The company's board approved a share repurchase program for $25 million over the next two years.

The company's stock slips 0.5% to $27.51 in after-hours trading Wednesday. For the year, shares are up 7%.

Write to Kailyn Rhone at kailyn.rhone@wsj.com

(END) Dow Jones Newswires

December 11, 2024 17:03 ET (22:03 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2490816368?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-12 06:03","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2490816368","market":"fut","top_or_hot":-1,"title":"J.Jill Posts Higher 3Q Profit, Revenue","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Kailyn Rhone \n</p>\n<p>\n  J.Jill reported higher profit, revenue in the third quarter on boost in direct to consumer sales. \n</p>\n<p>\n  The women's apparel company posted a profit of $151.3 million, or 80 cents a share, up from $150.9 million, or 80 cents a share, in the same quarter a year ago. \n</p>\n<p>\n  Stripping out one-time items, adjusted earnings were 89 cents a share. Analysts polled by FactSet had been expecting 80 cents a share. \n</p>\n<p>\n  Sales rose to $151.3 million from $150.9 million a year earlier, slightly ahead of analyst forecasts for $151 million, according to FactSet. \n</p>\n<p>\n  Comparable sales in both stores and the direct-to-consumer channel were nearly flat, due to hurricane-related disruptions in the quarter. \n</p>\n<p>\n  For the fourth quarter, J.Jill expects net sales to be down 4% to 6%. J. Jill maintained its guidance for sales to be flat to up 1% this year. \n</p>\n<p>\n  The company opened three new locations and reopened one store that was temporarily closed for relocation. The company had 247 stores at the end of the quarter. \n</p>\n<p>\n  J.Jill said President and Chief Executive Claire Spofford will exit her role in April. The company did not disclose who will succeed her. \n</p>\n<p>\n  The company's board approved a share repurchase program for $25 million over the next two years. \n</p>\n<p>\n  The company's stock slips 0.5% to $27.51 in after-hours trading Wednesday. For the year, shares are up 7%. \n</p>\n<p>\n  Write to Kailyn Rhone at kailyn.rhone@wsj.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 11, 2024 17:03 ET (22:03 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>J.Jill Posts Higher 3Q Profit, Revenue</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJ.Jill Posts Higher 3Q Profit, Revenue\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-12 06:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>By Kailyn Rhone \n\n\n  J.Jill reported higher profit, revenue in the third quarter on boost in direct to consumer sales. \n\n\n  The women's apparel company posted a profit of $151.3 million, or 80 cents a...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"JILL","symbol_name":"J.Jill Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2490816368","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2490816368","pubTimestamp":1733954580,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"J.Jill reported higher profit, revenue in the third quarter on boost in direct to consumer sales.The women's apparel company posted a profit of $151.3 million, or 80 cents a share, up from $150.9 million, or 80 cents a share, in the same quarter a year ago.Stripping out one-time items, adjusted earnings were 89 cents a share. Analysts polled by FactSet had been expecting 80 cents a share.Sales rose to $151.3 million from $150.9 million a year earlier, slightly ahead of analyst forecasts for $151 million, according to FactSet.Comparable sales in both stores and the direct-to-consumer channel were nearly flat, due to hurricane-related disruptions in the quarter.For the fourth quarter, J.Jill expects net sales to be down 4% to 6%. J. Jill maintained its guidance for sales to be flat to up 1% this year.The company opened three new locations and reopened one store that was temporarily closed for relocation. The company had 247 stores at the end of the quarter.J.Jill said President and Chief","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"JILL":"J.Jill Inc."},"translate_title":"J.Jill第三季度利润和收入较高","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JILL":0.9},"content_text":"By Kailyn Rhone \n\n\n  J.Jill reported higher profit, revenue in the third quarter on boost in direct to consumer sales. \n\n\n  The women's apparel company posted a profit of $151.3 million, or 80 cents a share, up from $150.9 million, or 80 cents a share, in the same quarter a year ago. \n\n\n  Stripping out one-time items, adjusted earnings were 89 cents a share. Analysts polled by FactSet had been expecting 80 cents a share. \n\n\n  Sales rose to $151.3 million from $150.9 million a year earlier, slightly ahead of analyst forecasts for $151 million, according to FactSet. \n\n\n  Comparable sales in both stores and the direct-to-consumer channel were nearly flat, due to hurricane-related disruptions in the quarter. \n\n\n  For the fourth quarter, J.Jill expects net sales to be down 4% to 6%. J. Jill maintained its guidance for sales to be flat to up 1% this year. \n\n\n  The company opened three new locations and reopened one store that was temporarily closed for relocation. The company had 247 stores at the end of the quarter. \n\n\n  J.Jill said President and Chief Executive Claire Spofford will exit her role in April. The company did not disclose who will succeed her. \n\n\n  The company's board approved a share repurchase program for $25 million over the next two years. \n\n\n  The company's stock slips 0.5% to $27.51 in after-hours trading Wednesday. For the year, shares are up 7%. \n\n\n  Write to Kailyn Rhone at kailyn.rhone@wsj.com \n\n\n  (END) Dow Jones Newswires\n\n\n  December 11, 2024 17:03 ET (22:03 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2490816368"}