J.Jill, Inc.

J.Jill, Inc. announced its first quarter fiscal year 2026 financial results, reporting a 6.0% decrease in net sales to $144.4 million and a comparable sales decline of 8.7%. The company's net income fell to $4.7 million ($0.31 per diluted share) from $11.7 million ($0.76 per diluted share) in the prior year, with Adjusted EBITDA also decreasing to $16.7 million. The results were impacted by increased tariff costs and a decline in gross margin. J.Jill reaffirmed its full-year outlook and provided guidance for the second quarter, expecting continued sales pressure.

J.Jill, Inc. held its 2026 Annual Meeting on June 3, 2026, where stockholders elected two Class III directors and ratified the appointment of Grant Thornton LLP as its independent auditor for the fiscal year ending January 30, 2027. In connection with a director's retirement, the Board of Directors also voted to reduce its size to seven members.

J.Jill, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.09 per share on the Company's common stock. The dividend is scheduled to be paid on July 8, 2026, to shareholders who are on record as of June 24, 2026. This action reflects the company's ongoing commitment to returning value to its shareholders.

J.Jill, Inc. announced that James Guido, Vice President, Chief Accounting Officer, will retire from his position effective May 1, 2026. The company stated that his retirement is not a result of any disagreement regarding its operations, policies, or practices. Mark Webb, who currently serves as Executive Vice President and Chief Financial and Operating Officer, has been designated to also serve as the interim principal accounting officer, effective the same date.