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Second-quarter sales of US women’s clothing retailer JJill up 72%

US-based omni-channel retailer and nationally recognized women’s clothing brand J Jill has sales of 92.6 million in the second quarter, ending July 31, 2021. It was $ 159.2 million, up 71.9% from the dollar. Synchronized with the previous term. Operating profit increased to $ 23.5 million (Q2 2010: loss of $ 21.8 million).

“We are pleased with our second quarter results and the continuous improvement of our top line. This performance was driven by strong list-price sales as our customers continued to react to newness and novelty. We are flowing into the assortment both online and in stores. ” Claire Spofford, President and CEO of J Jill, Said in a press release.

US-based omni-channel retailer and nationally recognized women’s clothing brand J Jill has sales of 92.6 million in the second quarter, ending July 31, 2021. It was $ 159.2 million, up 71.9% from the dollar. Synchronized with the previous term. Operating profit increased to $ 23.5 million (Q2 2010: loss of $ 21.8 million).

According to the company, direct consumer sales increased 11.3% in 2020, or 46.4% of total sales, compared to 71.6% in the second quarter of 2008, which ended on August 1, 2020. ..

Gross profit doubled to $ 109.4 million ($ 55.0 million) and net loss for three months increased to $ 24.6 million ($ 19.0 million). In addition, adjusted EBITDA improved to $ 32.7 million (loss: $ 6.5 million).

“We will enter later this year with greater confidence in our ability to reach our goals. Like other companies in the industry, we anticipate increased headwinds due to supply chain disruptions, but in the long run. We continue to position JJill for sustainable growth, “Concludes Spofford.

Fiber2Fashion News Desk (JL)



Second-quarter sales of US women’s clothing retailer JJill up 72%

Source link Second-quarter sales of US women’s clothing retailer JJill up 72%

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