JILL - Apparel Firm J. Jill Styles A Win: Sales Rise And Margins Expand In Q4 | Benzinga
J. Jill, Inc. (NYSE:JILL) reported fourth-quarter FY23 sales growth of 1.2% year-on-year to $149.45 million, beating the analyst consensus estimate of $147.40 million.
Total company comparable sales decreased by 3.6%. Direct to consumer net sales climbed 4% Y/Y.
Gross profit grew 5.8% Y/Y to $100.6 million, and the gross margin expanded 290 basis points to 67.3%. Operating margin expanded from 5.3% to 7%, and operating income for the quarter increased 34.6% ...