The reaffirmed full-year guidance provides a floor but the Q1 miss on EPS and continued comparable sales deterioration suggest downside risk to the $70M-$75M Adjusted EBITDA target. Monitor Q2 results for signs of stabilization in comparable sales trends and tariff cost absorption. The $13.3M remaining buyback authorization offers modest support but is insufficient to offset fundamental weakness.
Price Chart
Executive Summary
J.Jill reported Q1 FY2026 results with net sales declining 6.0% YoY to $144.4M and GAAP diluted EPS of $0.31, down 59% from $0.76 a year ago. The company reaffirmed its full-year FY2026 outlook for flat-to-down-2% net sales and $70M-$75M Adjusted EBITDA, while guiding Q2 net sales to decline 1%-3% YoY. The ongoing revenue contraction, margin compression from tariffs, and negative comparable sales (-8.7%) signal persistent operational headwinds.
Key Financial Metrics
Key Facts
- Q1 FY2026 net sales declined 6.0% YoY to $144.4M from $153.6M
- Comparable sales decreased 8.7% in Q1 FY2026
- GAAP diluted EPS fell to $0.31 from $0.76 YoY (-59%)
- Adjusted EBITDA dropped to $16.7M from $27.3M YoY (-38.8%)
- Gross margin contracted 350 bps to 68.3% from 71.8% due to $4.7M incremental tariff costs
- Full-year FY2026 outlook reaffirmed: net sales flat to down 2%, Adjusted EBITDA $70M-$75M
- Q2 FY2026 guidance: net sales decline 1%-3%, Adjusted EBITDA $18M-$20M
- Free cash flow was negative $1.1M vs positive $2.6M a year ago
- Company repurchased 68,500 shares for $0.8M in Q1; $13.3M remaining on buyback authorization
- Quarterly dividend maintained at $0.09/share
Financial Impact
Revenue decline of $9.2M YoY (-6.0%), operating income halved to $8.8M from $19.1M, net income down 60% to $4.7M
Risk Factors
- Tariff costs of $4.7M in Q1 and $14.5M expected for full year continue pressuring margins
- Comparable sales declining 8.7% signals weakening customer demand and market share loss
- Negative free cash flow of $1.1M reduces financial flexibility
- Direct-to-consumer sales down 8.3% YoY, a key profitability channel
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-264860 |
| Document: jill-20260610.htm | 0001193125-26-264860 |
| Document: 0001193125-26-264860-index-headers.html | 0001193125-26-264860 |
| Document: 0001193125-26-264860-index.html | 0001193125-26-264860 |
| Document: 0001193125-26-264860.txt | 0001193125-26-264860 |
| 8-K Data (Synthetic) | 0001193125-26-264860 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 9, 2026 23d ago | 8-K | $21.74 $23.77 | ▲ +9.34% | ▲ +9.67% | $24.84 (+14.26%) |
Jul 9, 2026 12w ago | Institutional Cluster | $15.83 $16.81 | ▲ +6.19% | ▲ +6.32% | $24.84 (+56.92%) |
Jun 12, 2026 16w ago | Institutional Cluster | $14.79 $14.82 | ▼ −0.20% | ▲ +0.47% | $24.84 (−67.95%) |
Jun 10, 2026 16w ago | 8-K | $13.58 $14.79 | ▼ −8.91% | ▼ −5.48% | $24.84 (−82.92%) |
Jun 5, 2026 17w ago | 8-K | $13.52 $14.68 | ▲ +8.58% | ▲ +6.47% | $24.84 (+83.73%) |
Apr 17, 2026 24w ago | 8-K | $12.72 $12.80 | ▲ +0.63% | ▼ −0.28% | $24.84 (+95.28%) |
Apr 10, 2026 25w ago | DEFA14A | $11.96 $12.72 | ▲ +6.35% | ▲ +3.06% | $24.84 (+107.69%) |
Mar 31, 2026 26w ago | 8-K | $11.37 $11.41 | ▼ −0.35% | ▲ +3.60% | $24.84 (−118.39%) |
US Market Status
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