J.Jill (JILL) Reaffirms Q4 Guidance
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.5%
Revenue Growth %: -1.8%
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J.Jill, Inc. (NYSE: JILL) today reaffirmed its fourth quarter and full year 2023 guidance in advance of its presentation and investor meetings at the 26th Annual ICR Conference.
For the fourth quarter of fiscal 2023, the Company continues to expect revenues to be approximately flat compared to the fourth quarter of fiscal 2022, and for Adjusted EBITDA* to be in the range of $11.0 million and $13.0 million.
For fiscal 2023, the Company continues to expect Adjusted EBITDA* dollars to be down in the low-single digits compared to fiscal 2022.
The fourth quarter and full year Fiscal 2023 Adjusted EBITDA* outlook includes approximately $2.0 million of benefit from the 53rd week in fiscal 2023.
The Company is scheduled to present at the 26th Annual ICR Conference, held at the Grande Lakes Orlando in Orlando, FL, today, Monday, January 8, 2024 at 11:30 a.m. Eastern Time. The audio portion of the presentation will be webcast live over the Internet and can be accessed, along with the corresponding slide presentation, on the Company’s Investor Relation website, http://investors.jjill.com/Investors-Relations/News-Events/events. An online archive will be available on that site following the presentation.
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