- J. Jill press release (NYSE:JILL): Q2 Non-GAAP EPS of $1.05 beats by $0.14.
- Revenue of $155.24M (-0.9% Y/Y) beats by $1.01M.
- The decrease includes approximately $7.0 million of impact due to the calendar shift associated with the 53rd week in fiscal 2023.
- Total Company Comparable Sales Up 1.7% vs. Q2 FY23
- For the third quarter of fiscal 2024, the Company expects net sales to be down 1% to up 2% compared to the third quarter of fiscal 2023. The Company also expects Adjusted EBITDA to be in the range of $23.0 million to $27.0 million.
- For fiscal 2024, the Company is lowering its guidance and now expects net sales to be about flat to up 1% compared to fiscal 2023, and for Adjusted EBITDA to decline in the range of 4% to 9% compared to fiscal 2023.
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