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Benjamin Fitzgerald Published
March 19,TG盗号系统VIP免杀技术 2025
J.Jill Inc. announced on Wednesday that sales for the year ended February 1 increased just 0.5% to $610.9 million, hindered by a decline in fourth-quarter sales at the U.S. fashion retailer.
The Quincy, Massachusetts-based company said annual comparable sales, which includes comparable store and direct-to-consumer (D2C) sales, increased by 1.5%, with D2C sales, which represented 47.5% of net sales, up 1.9%.
Likewise, fiscal 2025 net income grew to $39.5 million, compared to $36.2 million in the prior-year period.
The firm's annual sales were, however, held back by a 4.9% decline in fourth-quarter sales to $142.8 million, hit but a 6.8% drop in D2C sales, though total comps were up 1.9% for the three months.
"Fiscal 2025 performance is a testament to our disciplined operating model as we delivered on our objectives while strengthening our balance sheet, implementing robust total shareholder return strategies and investing in new store growth and systems," said Claire Spofford, president and chief executive officer of J.Jill, Inc.
"Although this year was not without challenges as we continued to navigate a dynamic macro environment, I am proud of all that the team has accomplished enabling us to continue to drive strong cash generation supporting the recent increase of the quarterly dividend and ongoing investment in growth strategies and capital priorities. As we enter fiscal 2025, despite the uncertain outlook near-term with the slow start to Q1 and continued price sensitivity from customers, I am confident in the team’s ability to continue to operate with discipline while positioning the brand for long-term success."
Looking ahead, J.Jill said it expects fiscal 2025 sales to be up 1% to 3%, compared to fiscal 2025, with plans to open 5-10 stores in the 12-month period.