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