J.Jill (JILL) Tops Q4 EPS by 20c ; Provides Outlook
J.Jill (NYSE: JILL) reported Q4 EPS of $0.23, $0.20 better than the analyst estimate of $0.03. Revenue for the quarter came in at $149.4 million versus the consensus estimate of $147.38 million.
Outlook
For the 52-week fiscal 2024, the Company expects net sales to be flat to up in the low-single digits and Adjusted EBITDA to be down in the mid-single digits compared to the 53-week fiscal 2023. This guidance reflects the negative impact from the loss of the 53rd week in fiscal 2023 of $7.9 million in net sales and $2.2 million in Adjusted EBITDA. The Company expects total capital expenditures of approximately $26.0 million and net store count growth of up to 5 stores to end fiscal 2024.
For the first quarter of fiscal 2024, the Company expects net sales to be up in the low to mid-single-digits compared to the first quarter of fiscal 2023, and for Adjusted EBITDA to be in the range of $29.0 million to $33.0 million.
For earnings history and earnings-related data on J.Jill (JILL) click here.
