J.Jill Inc (FRA:1MJ1)
€ 25.6 0.6 (2.4%) Market Cap: 395.95 Mil Enterprise Value: 560.95 Mil PE Ratio: 9.51 PB Ratio: 4.00 GF Score: 67/100

Q2 2024 JJill Inc Earnings Call Transcript

Sep 04, 2024 / 12:00PM GMT
Release Date Price: €29 (-0.68%)
Operator

Thank you for standing by, and welcome to the J.Jill Inc second quarter 2024 earnings conference call. (Operator Instructions)

I'd now like to turn the call over to Claire Spofford, Chief Executive Officer and President, you may begin.

Claire Spofford
JJill Inc - President, Chief Executive Officer, Director

Thank you, operator, and hello, everyone. Thank you for joining us this morning. As detailed in our press release, we delivered a solid second quarter performance, reflecting total comparable sales growth of 1.7% and adjusted EBITDA of $30.2 million, slightly above our expectations and yielding a 19.4% adjusted EBITDA margin for the period.

Underlying this performance with a strong start to the period, which saw healthy full-price selling as customers responded well to our early summer collection, particularly around the Mother's Day holiday we continued to see relative strength in our direct channel, which helped to offset ongoing dynamic trends in store traffic.

As the quarter progressed, we noticed a meaningful shift in

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot