Women's apparel retailer J.Jill beats Q2 profit on tariff refund
Women's apparel retailer J.Jill beats Q2 profit on tariff refund
Overview
U.S. apparel retailer's fiscal Q2 net sales rose 0.5%, beating analyst expectations
Adjusted EPS for fiscal Q2 beat analyst expectations
Company benefited from $13.3 mln tariff refund, boosting gross margin and profitability
Outlook
J.Jill sees Q3 net sales up 3% to 5% vs. fiscal 2025
Company raises FY26 outlook, expects net sales flat to up 2% vs. fiscal 2025
J.Jill expects FY26 adjusted EBITDA of $75 mln to $80 mln
Result Drivers
TARIFF REFUND - $13.3 mln tariff refund boosted gross margin and profitability
DIRECT TO CONSUMER SALES - Direct to consumer net sales grew 1.9% year-over-year, supporting overall sales growth
STRATEGIC INITIATIVES - Progress on product assortment and customer journey cited as contributing to results, per CEO Mary Ellen Coyne
Company press release: ID:nBw4MVLsGa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Sales | Beat | $154.83 mln | $151.26 mln (5 Analysts) |
Q2 Adjusted EPS | Beat | $1.24 | $0.57 (5 Analysts) |
Q2 Adjusted EBITDA |
| $32.82 mln |
|
Q2 Adjusted EBITDA Margin |
| 21.20% |
|
Q2 Comparable Sales Growth |
| 0.50% |
|
Q2 Gross Profit |
| $118.98 mln |
|
Q2 Operating Income |
| $24.28 mln |
|
Q2 Pretax Profit |
| $23.49 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "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 $18.00, about 9.3% below its September 8 closing price of $19.84
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 6 three months ago
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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)