Home Street Fashion US’ J.Jill expects sales to decline in Q1 FY25 amid challenging market

US’ J.Jill expects sales to decline in Q1 FY25 amid challenging market

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J.Jill, Inc has announced that it expects net sales to decline by up to 4 per cent in Q1 FY25 but rise by 1 to 3 per cent for the full fiscal, with adjusted EBITDA projected at $101–106 million.
In FY24, net sales grew 0.5 per cent to $610.9 million, while Q4 saw a 4.9 per cent drop.
The company opened 14 stores in FY24 and plans further expansion and system upgrades.J.Jill, Inc has announced that it expects net sales to decline by up to 4 per cent in Q1 FY25 but rise by 1 to 3 per cent for the full fiscal, with adjusted EBITDA projected at $101–106 million.
In FY24, net sales grew 0.5 per cent to $610.9 million, while Q4 saw a 4.9 per cent drop.
The company opened 14 stores in FY24 and plans further expansion and system upgrades.