J.Jill, Inc. (NYSE:JILL) reported fourth-quarter results on Tuesday that came in ahead of analyst expectations, but the stock fell in early trading after the company issued a conservative outlook citing tariff-related pressures.
Shares of the women’s apparel retailer dropped 3.07% in pre-market trading following the earnings release.
For the quarter ended January 31, 2026, J.Jill reported an adjusted loss of $0.02 per share, outperforming the analyst consensus estimate of a $0.11 per share loss.
Quarterly revenue declined 3.1% year-over-year to $138.4 million, but still came in above the $135.5 million expected by analysts. The company said it incurred roughly $4.5 million in additional tariff-related costs during the quarter.
Looking ahead, J.Jill expects first-quarter fiscal 2026 net sales to decline between 5% and 7%, with adjusted EBITDA projected at $15 million to $17 million.
The midpoint of $16 million was compared with analyst expectations that were not disclosed.
For the full fiscal year, the company forecasts net sales to range from flat to a decline of 2%, while adjusted EBITDA is expected to reach between $70 million and $75 million.
The midpoint of $72.5 million incorporates continued tariff-related pressures, with the company anticipating around $15 million in incremental tariff costs during fiscal 2026.
“Throughout 2025, we deliberately embarked on a period of testing and learning to build the foundation for expanding our customer file,” said Mary Ellen Coyne, President and CEO. “We are encouraged by the early progress on these initiatives, and remain focused on the important work required to position the business for sustainable growth.”
Comparable sales declined 4.8% in the fourth quarter, although direct-to-consumer revenue, which accounted for 53.5% of total net sales, rose 2.6% year-over-year.
Gross margin fell to 63.1% from 66.3% in the prior-year quarter, largely reflecting the impact of tariffs.
J.Jill also announced a 12.5% increase in its quarterly dividend to $0.09 per share, and ended the quarter with $41 million in cash.