J.Jill: US' J.Jill expects sales to decline in Q1 FY25 amid challenging market

J.Jill, Inc has announced that it expects net sales to decline by up to 4 per cent in Q1 FY25 but rise by 1 to 3 per cent for the full fiscal, with adjusted EBITDA projected at $101-106 million. In FY24, net sales grew 0.5 per cent to $610.9 million, while Q4 saw a 4.9 per cent drop. The company opened 14 stores in FY24 and plans further expansion and system upgrades.