Overview

• U.S. apparel retailer's fiscal Q1 revenue fell 6%, missing analyst expectations

• Adjusted EPS for fiscal Q1 missed analyst expectations

• Company repurchased $0.8 mln of shares in Q1 and reaffirmed full-year outlook

Outlook

• J.Jill sees Q2 net sales declining 1% to 3% versus fiscal 2025

• Company expects Q2 adjusted EBITDA of $18 mln to $20 mln

• J.Jill reaffirms full-year net sales flat to down 2% and adjusted EBITDA of $70 mln to $75 mln

Result Drivers

• SALES DECLINE - Q1 net sales fell 6% and comparable sales dropped 8.7%, with direct to consumer sales down 8.3%

• TARIFF COSTS - Gross margin declined partly due to $4.7 mln higher net tariff costs year-over-year

Company press release: ID:nBw2tM0tPa

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q1 Sales	Miss	$144.43 mln	$146.26 mln (5 Analysts)
Q1 Adjusted EPS	Miss	$0.45	$0.54 (5 Analysts)
Q1 Adjusted EBITDA		$16.72 mln
Q1 Adjusted EBITDA Margin		11.60%
Q1 Gross Profit		$98.69 mln
Q1 Operating Income		$8.76 mln
Q1 Pretax Profit		$7.24 mln

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the apparel & accessories retailers peer group is "buy"

• Wall Street's median 12-month price target for JJill Inc is $13.50, about 2% below its June 9 closing price of $13.24

• The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 6 three months ago

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