Business
J.Jill, Inc. Announces Fourth Quarter and Full Year 2024 Results; Increases Quarterly Dividend by 14.3%
QUINCY, Mass., March 19, 2025--J.Jill, Inc. (NYSE:JILL) today announced financial results for the fourth quarter and fiscal year ended February 1, 2025 and that the Board declared a cash dividend of $0.08 per share payable on April 16, 2025 to stockholders of record of issued and outstanding shares of the Company's common stock as of April 2, 2025. The quarterly dividend reflects a 14.3% increase over the previous dividend and equates to an annualized dividend rate of $0.32 per common share.
About this update from J. Jill, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":371,"url":"https://media.zenfs.com/en/business-wire.com/b98c92e3ff1ec9dc3b61ae264d17ca50"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/7phBT5aWlmkjGajRwN6S7Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTc0MjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/b98c92e3ff1ec9dc3b61ae264d17ca50","width":480,"height":371}},"lazy":false},{"type":"text","content":"Q4 FY24 Net Sales of $142.8 Million and FY24 Net Sales of $610.9 Million","length":72,"tagName":"p","attribs":{}},{"type":"text","content":"Q4 FY24 Gross Margin of 66.3% and FY24 Gross Margin of 70.4%","length":60,"tagName":"p","attribs":{}},{"type":"text","content":"Q4 FY24 Operating Income of $5.1 Million and FY24 Operating Income of $75.7 Million","length":83,"tagName":"p","attribs":{}},{"type":"text","content":"QUINCY, Mass., March 19, 2025--(BUSINESS WIRE)--J.Jill, Inc. (NYSE:JILL) today announced financial results for the fourth quarter and fiscal year ended February 1, 2025 and that the Board declared a cash dividend of $0.08 per share payable on April 16, 2025 to stockholders of record of issued and outstanding shares of the Company's common stock as of April 2, 2025. The quarterly dividend reflects a 14.3% increase over the previous dividend and equates to an annualized dividend rate of $0.32 per common share.","length":517,"tagName":"p"},{"type":"text","content":"Claire Spofford, President and Chief Executive Officer of J.Jill, Inc. stated, "Fiscal 2024 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. 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 ...