June 10, 2026

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J.Jill, Inc. (NYSE: JILL) reported first-quarter fiscal 2026 results with lower sales and weaker margins, but adjusted earnings came in slightly above expectations and management reaffirmed its full-year outlook.
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J.Jill is a women’s apparel retailer focused on casual wear, accessories, and lifestyle products sold through stores, ecommerce, and direct-to-consumer channels.
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The company reported adjusted EPS of $0.45, above estimates of $0.44, representing a 2.3% earnings surprise. Revenue came in at $144.43 million, above estimates of $143.80 million, though revenue declined 6.0%.

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Results Remained Under Pressure

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Net sales fell 6.0% to $144.4 million, while comparable sales declined 8.7%. Direct-to-consumer sales, which represented 45.6% of total sales, fell 8.3%.
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Gross margin declined to 68.3% from 71.8%, pressured by about $4.7 million of incremental net tariff costs. Operating income fell to $8.8 million from $19.1 million, while adjusted EBITDA declined to $16.7 million from $27.3 million.
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J.Jill ended the quarter with $36.3 million in cash. Inventory increased to $63.9 million, partly due to tariff costs, while free cash flow moved to a $1.1 million outflow.

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Guidance Reaffirmed

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For the second quarter, J.Jill expects net sales to decline 1% to 3%, comparable sales to decline 2% to 4%, and adjusted EBITDA of $18 million to $20 million.
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For fiscal 2026, the company reaffirmed its outlook for net sales flat to down 2%, comparable sales down 1% to 3%, adjusted EBITDA of $70 million to $75 million, and free cash flow of about $20 million.

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The Bigger Picture

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J.Jill’s quarter was still pressured, but not worse than feared.
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Sales and margins declined, but adjusted EPS and revenue came in slightly above expectations, and management kept its full-year outlook intact. The stock reaction likely reflected relief that the company remains on track with its gradual improvement plan despite tariff pressure and weaker comparable sales.
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