J.Jill Q4 Net Loss of $3.5m, Dividend Raised 12.5%
J.Jill posted a Q4 net loss of $3.5m on a 3.1% sales decline to $138.4m, gross margin narrowing to 63.1% from 66.3% after $4.5m in tariffs and EBITDA falling to $7.2m. The board raised its dividend 12.5% to $0.09, with shares trading at 6.4x forward P/E.
1. Q4 Sales Decline and Net Loss
For the quarter ended January 31, J.Jill’s net sales fell 3.1% to $138.4m with total comparable sales down 4.8%. Gross profit dropped to $87.3m from $94.8m, driving gross margin down to 63.1% from 66.3% due to $4.5m in tariff costs, while operating loss reached $0.2m and net loss was $3.5m, including $3.1m in refinancing expenses.
2. EBITDA and Store Expansion
Adjusted EBITDA declined to $7.2m from $14.5m a year earlier. The retailer opened seven new stores during the quarter, ending with 256 locations.
3. Full-Year Results
For fiscal 2025, net sales decreased 2.3% to $596.5m and comparable sales fell 3.1%. Gross profit slipped to $409.7m with margin at 68.7% after $7.5m in tariff costs, operating income fell to $50.6m from $75.7m, net income to $27.9m from $39.5m, and adjusted EBITDA to $84.3m from $107.1m, with net store growth of four locations.
4. Dividend Hike and Valuation Outlook
The board approved a $0.09 quarterly dividend, up 12.5% and annualised at $0.36 per share. Shares trade at 6.4x forward P/E as the company guides for Q1 sales down 5–7% and full-year net sales flat to down 2%, with adjusted EBITDA projected at $70m–$75m.