J.Jill adds Courtnee Chun to its board of directors

QUINCY, Mass. - J.Jill, Inc. (NYSE:JILL), a prominent omnichannel retailer specializing in women's apparel, announced today the appointment of Courtnee Chun to its Board of Directors. Chun, with a background spanning more than two decades in various industries, will also serve on the company's Compensation and Audit Committees, effective immediately.

Claire Spofford, CEO and President of J.Jill, expressed confidence in Chun's appointment, highlighting her broad experience in eCommerce, media, and direct-to-consumer marketing as well as her commitment to empowering women. Spofford anticipates Chun's contributions will be integral to J.Jill's growth strategies.

Chun's career includes a significant tenure at Liberty Media, where she held roles such as SVP Investor Relations, Chief Portfolio Officer, and Senior Advisor. Her strategic input was key in executing major initiatives, including public equity offerings for high-profile entities. Additionally, Chun co-founded the Women’s eCommerce Network (WeCN), fostering leadership and mentorship among female entrepreneurs.

Her board experience extends to Central Garden and Pet Inc., along with past roles at LendingTree, Inc., Expedia (NASDAQ:EXPE) Group, Inc., and HSN, Inc. Chun is also actively involved in charitable organizations.

Chun expressed enthusiasm for joining J.Jill's board, citing the brand's commitment to celebrating all women and her personal passion for women's empowerment in the industry. She looks forward to contributing to the brand's strategic initiatives.

J.Jill is known for its lifestyle brand that offers apparel, footwear, and accessories designed for a full life with ease. The company operates over 200 stores across the United States and maintains a strong ecommerce presence. Headquartered outside Boston, J.Jill focuses on simplicity and meaningful design in its product offerings.

This announcement is based on a press release statement from J.Jill, Inc.

In other recent news, J.Jill, Inc. has announced a quarterly cash dividend of $0.07 per share, demonstrating its commitment to providing value to its shareholders. This follows a strong financial performance in Q1 2024, where the company reported a 7.5% increase in net sales to approximately $162 million and an upswing in adjusted EBITDA to $35.6 million. The company has also made a significant voluntary debt payment of $28.8 million, reducing its outstanding loan amount to around $81 million, a move that enhances its financial stability.

In terms of analyst coverage, J.Jill has received a Hold rating from TD Cowen, citing concerns about future margin expansion amidst broader economic uncertainty. On the other hand, Jefferies and BTIG initiated coverage with a Buy rating, highlighting the company's consistent high-teens EBITDA margins and potential for growth.

In addition to these financial achievements, J.Jill has outlined plans to invest in marketing and infrastructure to enhance omni-channel capabilities. The company also plans to expand its physical presence with the opening of 20 to 25 new stores over the next three years. These recent developments signify J.Jill's commitment to driving sales and maintaining a disciplined operating model.

InvestingPro Insights

As J.Jill, Inc. (NYSE:JILL) welcomes Courtnee Chun to its Board of Directors, the company's financial health and market performance remain a pivotal aspect for investors. With Chun's extensive experience in eCommerce and direct-to-consumer marketing, her addition to the team could have a positive impact on J.Jill's strategic growth and financial metrics.

An InvestingPro Tip points out J.Jill's impressive gross profit margins, which stand at a robust 70.91% over the last twelve months as of Q1 2025. This indicates the company's strong ability to manage its cost of goods sold and maintain profitability on its products, an essential factor for its continued success in the competitive retail space.

Moreover, J.Jill's commitment to celebrating all women through its products is backed by solid numbers. The company has seen a large price uptick of 30.4% over the last six months, reflecting investor confidence and market recognition of its brand and growth strategies. This performance is further supported by a notable year-to-date price total return of 26.45%, showcasing the company's strong market performance in the recent period.

InvestingPro Data for J.Jill also reveals a low Price/Earnings (P/E) ratio of 7.86, suggesting that the company's stock is trading at a low earnings multiple relative to its near-term earnings growth. This could indicate a potentially undervalued stock, providing an attractive entry point for investors. Additionally, with a fair value estimate by analysts at $44 and InvestingPro's fair value at $40.76, the current price of $32.53 may offer room for appreciation.

For investors seeking more in-depth analysis, there are additional InvestingPro Tips available for J.Jill, Inc. at https://www.investing.com/pro/JILL, offering further insights into the company's financial health and market potential.

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