JJill Shares Jump After Q4 Earnings Beat

  • JJill Inc JILL reported fourth-quarter FY21 sales growth of 15.3% year-on-year, to $145.15 million, beating the consensus of $142 million.
  • Total company comparable sales increased by 19.7%. Direct to consumer net sales fell 8.8% Y/Y driven by lower markdown sales.
  • Gross profit grew 29.8% Y/Y to $92.7 million, and the gross margin expanded 710 basis points to 63.9%.
  • The operating margin was 5.2%, and operating income for the quarter was $7.5 million against a loss in Q4 FY20.
  • JJill held $35.9 million in cash and equivalents as of January 29, 2022.
  • Adjusted EBITDA for the quarter was $15.2 million versus $(3.8) million last year.
  • Adjusted EPS of $0.15 beat the consensus of $(0.03).
  • Inventory at the end of Q4 declined 3.5% Y/Y to $56 million.
  • Outlook: JJill expects Q1 revenue growth of 11% - 14%. It expects an adjusted EBITDA of $20 million - $22 million.
  • Price Action: JILL shares are trading higher by 14.6% at $17.50 in premarket on the last check Tuesday.
Market News and Data brought to you by Benzinga APIs
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsGuidanceMoversTrading IdeasGeneralBriefswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!