J.Jill Q1 EPS Tops by $0.03 as Sales Drop 8.7% and Tariffs Cost $4.7M
JILL•J.Jill delivered Q1 adjusted EPS of $0.45 versus $0.42 and revenue of $144.4 million ahead of the $144.3 million forecast, but comparable sales fell 8.7%, tariffs added $4.7 million costs and shares dropped 6.5%. The company projects Q2 revenue down 1–3% and maintains full-year revenue flat to down 2% with $70m–$75m adjusted EBITDA.
1. Q1 Financial Results
J.Jill reported Q1 fiscal 2026 adjusted EPS of $0.45, exceeding the $0.42 consensus, and revenue of $144.4 million, slightly above the $144.3 million forecast. Despite this beat, shares declined 6.5% following the release.
2. Comparable Sales Pressure and Tariff Impact
Comparable sales fell 8.7% year-over-year, reflecting continued weakness in customer demand, while tariff-related expenses increased costs by approximately $4.7 million, weighing on margins.
3. Q2 and Full-Year Guidance
For Q2, the company expects revenue to decline 1–3% year-over-year and adjusted EBITDA of $18–$20 million, with gross margin contracting by about 100 basis points including a $4 million tariff headwind. Full-year guidance remains flat to down 2% in revenue with $70–$75 million in adjusted EBITDA.
4. Store Network and Liquidity
At quarter-end, J.Jill operated 255 stores and held $36.3 million in cash, focusing on inventory management and customer engagement to stabilize sales trends and preserve liquidity.
