J. Jill Group Posts Increase in Fourth-Quarter Net Sales

Share this article:
The J. Jill Group Inc. yesterday reported net sales during the fourth quarter increased 3.8 percent to $91.7 million from $88.4 million in the previous year.


Operating income during the quarter totaled $12.4 million, or 13.5 percent of net sales, compared to $12 million, or 13.6 percent of net sales, in the prior year.


The fourth quarter and fiscal year ended Dec. 29.


The company recorded net income for the period of $7 million compared to $6.7 million during the fourth quarter of the prior year.


During the fiscal year, net sales increased 16.5 percent to $287 million compared to $246.3 million in the previous year. Operating income totaled $23.5 million, or 8.2 percent of net sales, compared to $23.4 million, or 9.5 percent of net sales, during the prior year.


Net income during the fiscal year amounted to $13.1 million compared to $12.8 million with a 20 percent increase in shares outstanding.


Within the direct channel, sales produced through the e-commerce site increased to $52.8 million, or 25 percent of total direct channel volume, compared to $35 million, or 16 percent a year ago.


Share this article:
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Multichannel Marketing

News Byte: Salesforce Forms Unit to Focus on Verticals

News Byte: Salesforce Forms Unit to Focus on ...

The industries business unit, led by ex-White House CIO Vivek Kundra, will serve six industry groupings.

Columbia U. Puts the "Do" in "Donation"

Columbia U. Puts the "Do" in "Donation"

Columbia University raises nearly $7 million in donations in just 24 hours with a combination of social media, live events, and gamification.

If You Build It, They Will Engage

If You Build It, They Will Engage

Construction materials manufacturer USG revamps its image using targeted, multichannel efforts aimed at customers and employees.