JILL

EX-99.1

2 jill-ex99_1.htm

EX-99.1

EX-99.1

EXHIBIT 99.1

J.JILL, INC. ANNOUNCES SECOND QUARTER 2026 RESULTS

Q2 FY26 Net Sales Increased 0.5% to $154.8 Million vs. Q2 FY25

Q2 FY26 Gross Margin of 76.8%, Includes $13.3 Million IEEPA Tariff Refund Pre-Tax Net Benefit

Raises FY26 Outlook

Quincy, Mass – September 9, 2026 – J.Jill, Inc. (NYSE:JILL) ("J.Jill" or the "Company") today announced financial results for the second quarter of fiscal year 2026.

Mary Ellen Coyne, President and Chief Executive Officer of J.Jill, Inc. stated, "Our second quarter results reflect progress across each of our three strategic priorities – evolving the product assortment, enhancing the customer journey, and advancing the way we work. We delivered sales that exceeded our expectations, with underlying profitability at the high end of our outlook before the benefit of tariff refunds. Our customer file is stabilizing, new-to-brand acquisition is accelerating, and our senior team is in place and executing. While we are still in the early stages of this evolution, we are pleased with our momentum and are strategically investing in the business to position J.Jill for sustainable, long-term growth."

For the second quarter ended August 1, 2026:

• Net sales for the second quarter of fiscal 2026 increased 0.5% to $154.8 million compared to $154.0 million for the second quarter of fiscal 2025.

• Total company comparable sales, which includes comparable store and direct to consumer sales, increased by 0.5% for the second quarter of fiscal 2026.

• Direct to consumer net sales, which represented 47.1% of net sales, were up 1.9% compared to the second quarter of fiscal 2025.

• Gross profit was $119.0 million compared to $105.4 million in the second quarter of fiscal 2025. Gross margin was 76.8% compared to 68.4% in the second quarter of fiscal 2025. Excluding the receipt of $13.3 million of net tariff refunds in the second quarter of fiscal 2026 gross margin was 68.3%.

• SG&A was $94.6 million compared to $88.6 million in the second quarter of fiscal 2025. SG&A as a percentage of total net sales was 61.1% compared to 57.5% in the second quarter of fiscal 2025. The increase was primarily driven by eight net new stores compared to prior year, store lease renewals, marketing, shipping costs and management incentive accruals.

• Operating income was $24.3 million compared to $16.8 million in the second quarter of fiscal 2025. Operating income margin for the second quarter of fiscal 2026 was 15.7% compared to 10.9% in the second quarter of fiscal 2025. Adjusted Income from Operations*, which includes the benefit of net tariff refunds, was $27.1 million compared to $19.6 million in the second quarter of fiscal 2025.

• Interest expense was $1.9 million compared to $2.7 million in the second quarter of fiscal 2025. Interest income was $1.1 million in the second quarter of fiscal 2026 compared to $0.5 million in the second quarter of fiscal 2025. The second quarter of fiscal 2026 benefited from $0.6 million of interest income related to the receipt of tariff refunds.

• During the second quarter of fiscal 2026, the Company recorded an income tax provision of $6.7 million compared to $4.0 million in the second quarter of fiscal 2025 and the effective tax rate was 28.6% compared to 27.7% in the second quarter of fiscal 2025.

• Net Income was $16.8 million compared to $10.5 million in the second quarter of fiscal 2025.

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• Net Income per Diluted Share was $1.11 for the second quarter of fiscal 2026 compared to $0.69 in the second quarter of fiscal 2025. Adjusted Net Income per Diluted Share* in the second quarter of fiscal 2026, which includes the benefit of net tariff refunds was $1.24 compared to $0.81 in the second quarter of fiscal 2025.

• Adjusted EBITDA* for the second quarter of fiscal 2026, which includes the benefit of net tariff refunds, was $32.8 million compared to $25.6 million in the second quarter of fiscal 2025. Adjusted EBITDA margin* for the second quarter of fiscal 2026, which includes the benefit of net tariff refunds, was 21.2% compared to 16.6% in the second quarter of fiscal 2025. Adjusted EBITDA for the second quarter of fiscal 2026 excluding net tariff refunds and deployment of these refunds toward strategic initiatives and elevated fuel costs during the period was $20.1 million.

• The Company did not open or close any stores in the second quarter of fiscal 2026. The store count at the end of the quarter is 255 stores compared to 247 stores at the end of the second quarter of fiscal 2025.

For the twenty-six weeks ended August 1, 2026:

• Net sales for the twenty-six weeks ended August 1, 2026 decreased 2.7% to $299.3 million compared to $307.6 million for the twenty-six weeks ended August 2, 2025.

• Total company comparable sales, which includes comparable store and direct to consumer sales, decreased by 4.2% for the twenty-six weeks ended August 1, 2026.

• Direct to consumer net sales, which represented 46.4% of

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