J.Jill Expects Comparable Sales to Decline in 2026

Dow Jones03-31 20:10
 

Nicholas G. Miller

 

J.Jill swung to a fourth-quarter loss and issued fiscal 2026 guidance expecting comparable sales to decline for the year.

Shares fell 14% to $12.81 in premarket trading.

The apparel brand guided for first-quarter comparable sales to decline 7% to 9% and for full-year comparable sales to fall 1% to 3%. Analysts polled by FactSet expected comparable sales to be down 0.3% in the first quarter and up 1.2% for the year.

The company expects $15 million in additional costs from tariffs for the year and said its outlook "assumes a prudent approach to inventory investments with unit purchases positioned down in the mid-single digit percentage range compared to fiscal 2025."

Net sales are expected down 5% to 7% for the first quarter, while full-year net sales are seen flat to down 2%.

For the fourth quarter of fiscal 2025, the company reported a net loss of $3.52 million, or 23 cents a share, compared with a profit of $2.25 million, or 14 cents a share, the year prior.

On an adjusted basis, the company reported a loss of 2 cents a share. Analysts expected a loss of 11 cents a share.

Net sales fell 3.1% to $138.4 million, it said. Wall Street forecast $135.5 million.

Comparable sales declined 4.8%.

 

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

 

(END) Dow Jones Newswires

March 31, 2026 08:10 ET (12:10 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

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