Free Research Report as J. Jill’s Reported Better Than Expected Revenue and Earnings Results
Stock Monitor: Francesca’s Holdings Post Earnings Reporting
LONDON, UK / ACCESSWIRE / January 04, 2018 / Active-Investors.com has just released a free earnings report on J. Jill, Inc. (NYSE: JILL). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=JILL. The Company posted its financial results on December 05, 2017, for the third quarter of the fiscal year 2017. The retailer of women’s clothes, shoes, and accessories’ net revenue grew 1.6% on a y-o-y basis.Register today and get access to over 1000 Free Research Reports by joining our site below:
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Active-Investors.com is currently working on the research report for Francesca’s Holdings Corporation (NASDAQ: FRAN), which also belongs to the Services sector as the Company J. Jill. Do not miss out and become a member today for free to access this upcoming report at:
www.active-investors.com/registration-sg/?symbol=FRAN
Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, J. Jill most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:
www.active-investors.com/registration-sg/?symbol=JILL
Earnings Highlights and Summary
For the three months ended October 28, 2017, J. Jill’s net revenue increased 1.6% to $161.98 million from $159.44 million in Q3 FY16. For the reported quarter, the Company’s comparable sales growth was negative 0.6%. The Company’s net revenue surpassed analysts’ expectations of $156.9 million.
During Q3 FY17, J. Jill’s gross profit increased 0.4% to $108.50 million from $108.11 million in the same period of last year. For the reported quarter, the Company’s gross margin decreased 80 basis points to 67% of revenue from 67.8% of revenue in Q3 FY16.
During Q3 FY17, J. Jill’s adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) decreased 13.3% to $23.05 million from $26.59 million in the comparable period of last year. For the reported quarter, the Company’s adjusted EBITDA margin decreased 250 basis points to 14.2% of revenue from 16.7% of revenue in Q3 FY16.
During Q3 FY17, J. Jill’s operating income decreased 14.3% to $13.26 million from $15.47 million in the corresponding period of last year. For the reported quarter, the Company’s operating margin decreased 150 basis points to 8.2% of revenue from 9.7% of revenue in Q3 FY16.
During Q3 FY17, J. Jill’s earnings before tax (EBT) decreased 17.5% to $8.76 million from $10.62 million in the same period of last year. For the reported quarter, the Company’s EBT margin decreased 130 basis points to 5.4% of revenue from 6.7% of revenue in Q3 FY16.
For the reported quarter, J. Jill’s net income decreased 23.2% to $6.00 million from $7.81 million in Q3 FY16. During Q3 FY17, the Company’s diluted earnings per share (EPS) decreased 22.2% to $0.14 from $0.18 in the comparable period of last year. For the reported quarter, J. Jill’s adjusted net income decreased 26.9% to $5.65 million from $7.73 million in Q3 FY16. During Q3 FY17, the Company’s adjusted diluted EPS decreased 27.8% to $0.13 from $0.18 in Q3 FY16, surpassing analysts’ expectations of $0.09.
Balance Sheet
As on October 28, 2017, J. Jill’s cash increased 91.6% to $25.81 million from $13.47 million as on January 28, 2017. For the reported quarter, the Company’s long-term debt, net of discount and current portion, decreased 7.7% to $244.08 million from $264.44 million in Q4 FY16.
For the reported quarter, the Company’s accounts receivable increased 135.3% to $9.06 million from $3.85 million in Q4 FY16. For the reported quarter, the Company’s accounts payable increased 47% to $56.52 million from $38.44 million in Q4 FY16.
For the reported quarter, the Company’s total assets increased 5.6% to $600.15 million from $568.31 million in Q4 FY16.
Outlook
For Q4 FY17, the Company expects comparable sales growth to be in the range of 2% – 4%, and diluted EPS to be in the band of $0.05 – $0.07.
For FY17, the Company expects comparable sales growth to be in the range of 4% – 5%, and diluted EPS to be in the band of $0.64 – $0.66.
Stock Performance Snapshot
January 03, 2018 – At Wednesday’s closing bell, J. Jill’s stock dropped 2.58%, ending the trading session at $7.93.
Volume traded for the day: 260.92 thousand shares.
Stock performance in the last month – up 30.00%; and year-to-date – up 1.67%
After yesterday’s close, J. Jill’s market cap was at $347.41 million.
Price to Earnings (P/E) ratio was at 12.31.
The stock is part of the Services sector, categorized under the Apparel Stores industry. This sector was up 0.5% at the end of the session.
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