Earnings release
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J.Jill NEWS RELEASE J.Jill , Inc. Announces Third Quarter 2021 Results 12/13/2021 Total Net Sales Growth of 29.4 % and Total Company Comparable Sales Growth of 42.2 % vs. Q3 FY2020 Gross Margin of 68.9 % vs. Q3 FY2020 of 58.9 % Gross Profit Growth of 51.5 % vs. Q3 FY2020 QUINCY , Mass .-- ( BUSINESS WIRE ) -- J.Jill , Inc. ( NYSE : JILL ) today announced financial results for the third quarter ended October 30 , 2021 . Claire Spofford , President and Chief Executive Officer of J.Jill , Inc. stated , " We are pleased with our third quarter performance and are encouraged by the ongoing customer response to our product at full price . These results reflect our continued recovery as we've made progress implementing our strategic initiatives resulting in healthy gross margin expansion and significant year - over - year improvement in Adjusted EBITDA . Our focus on full price selling , improved inventory management , and the frequent flow of inspired products has further strengthened our operating model . " Ms. Spofford continued , " Entering the holiday season , we are well - positioned to delight our customers with the newness and novelty that she has responded to throughout this year . Our teams have worked hard to manage the supply chain so that we have the right inventory levels for the holiday season and through the fourth quarter . We are pleased with our progress as we continue to position J.Jill for long term sustainable growth that will create value 1