J.Jill (NYSE:JILL) announced financial results for the fourth quarter and fiscal year ended January 31, 2026, on Tuesday, reporting a 3.1% decrease in quarterly net sales to $138.4 million.
The decline from the $142.8 million recorded in the prior year’s fourth quarter was primarily attributed to a 4.8% drop in total company comparable sales.
Despite the overall decline, the company’s direct-to-consumer (DTC) segment remained a point of resilience.
DTC net sales rose 2.6% compared to the fourth quarter of fiscal 2024, now representing 53.5% of total company revenue.
Profitability for the quarter was significantly impacted by macroeconomic factors, specifically rising trade costs.
The company reported a gross profit of $87.3 million, with a gross margin of 63.1%, down from 66.3% in the prior year.
This contraction was driven by approximately $4.5 million in incremental tariff costs, net of vendor mitigation, incurred during the period.
On the bottom line, J.Jill reported a net loss of $3.5 million, or $0.23 per diluted share, compared to net income of $2.2 million in the year-ago period.
The loss included $3.1 million in expenses related to debt refinancing.
Excluding certain items, adjusted net loss per diluted share was $0.02.
Adjusted EBITDA for the quarter was $7.2 million, yielding an adjusted EBITDA margin of 5.2%.
Operating expenses remained relatively stable, with SG&A at $87 million compared to $89.3 million in the fourth quarter of 2024.
As a percentage of sales, SG&A was 62.9%, a slight increase from the previous year’s 62.5%.