J.Jill, Inc. Files 2024 10-K Report

TL;DR

<b>J.Jill, Inc. has filed its 2024 10-K report, providing a comprehensive overview of its financial position and operations for the fiscal year ending February 3, 2024.</b>

AI Summary

J.Jill, Inc. (JILL) filed a Annual Report (10-K) with the SEC on April 4, 2024. J.Jill, Inc. filed its annual 10-K report for the fiscal year ending February 3, 2024. The filing details financial information including retained earnings and additional paid-in capital as of February 3, 2024. Key dates mentioned include January 29, 2023, and January 28, 2023, related to various financial instruments and equity. The company's fiscal year ends on January 28. J.Jill, Inc. is incorporated in Delaware and operates in the Women's, Misses', and Juniors Outerwear sector.

Why It Matters

For investors and stakeholders tracking J.Jill, Inc., this filing contains several important signals. This 10-K filing provides investors with the latest detailed financial statements and disclosures, crucial for understanding the company's performance and outlook. The report includes information on credit agreements, equity plans, and supplier concentration, offering insights into J.Jill's operational and financial structure.

Risk Assessment

Risk Level: medium — J.Jill, Inc. shows moderate risk based on this filing. The filing is a standard 10-K, which is a routine disclosure for public companies, but the specific financial details and risk factors within it will determine the overall risk profile.

Analyst Insight

Review the detailed financial statements and risk factors in the 10-K to assess J.Jill's current financial health and future prospects.

Key Numbers

• 2024-02-03 — Fiscal Year End (The report covers the fiscal year ending on this date.)
• 2024-04-04 — Filing Date (The date the 10-K was filed with the SEC.)
• 0128 — Fiscal Year End Month/Day (Indicates the fiscal year typically ends around January 28th.)

Key Players & Entities

• J.Jill, Inc. (company) — Filer and subject of the 10-K report.
• 2024-02-03 (date) — Fiscal year end date for the 10-K filing.
• 2024-04-04 (date) — Filing date of the 10-K report.
• 0001687932 (company) — Central Index Key for J.Jill, Inc.
• DE (jurisdiction) — State of incorporation for J.Jill, Inc.
• 2330 (industry) — Standard Industrial Classification for Women's, Misses', and Juniors Outerwear.

FAQ

Key Dates

• 2024-02-03: Fiscal Year End — End of the reporting period for the 10-K.
• 2024-04-04: Filing Date — Date the 10-K was officially submitted to the SEC.

Glossary

10-K

An annual report required by the U.S. Securities and Exchange Commission (SEC), which gives a comprehensive summary of a company's financial performance. (Provides investors with detailed financial and operational information about J.Jill, Inc.)

Fiscal Year End

The last day of a company's accounting year. (Defines the period covered by the financial statements in the 10-K.)

Key Financial Figures

• $0.01 — nge on which registered Common Stock, $0.01 par value JILL New York Stock Excha
• $150,000 — imate median annual household income of $150,000. Her discretionary dollars are her own

Filing Documents

• jill-20240203.htm (10-K) — 2465KB
• jill-ex10_11.htm (EX-10.11) — 64KB
• jill-ex10_25.htm (EX-10.25) — 55KB
• jill-ex10_26.htm (EX-10.26) — 95KB
• jill-ex23_1.htm (EX-23.1) — 4KB
• jill-ex31_1.htm (EX-31.1) — 15KB
• jill-ex31_2.htm (EX-31.2) — 15KB
• jill-ex32_1.htm (EX-32.1) — 9KB
• jill-ex32_2.htm (EX-32.2) — 8KB
• jill-ex97_1.htm (EX-97.1) — 84KB
• img117945235_0.jpg (GRAPHIC) — 129KB
• img138803474_0.jpg (GRAPHIC) — 10KB
• 0000950170-24-041871.txt (&nbsp;) — 11541KB
• jill-20240203.xsd (EX-101.SCH) — 1700KB
• jill-20240203_htm.xml (XML) — 1965KB

Business

Business 4 Item 1A.

Risk Factors

Risk Factors 10 Item 1B. Unresolved Staff Comments 27 Item 1C. Cybersecurity 27 Item 2.

Properties

Properties 28 Item 3.

Legal Proceedings

Legal Proceedings 29 Item 4. Mine Safety Disclosures 29 PART II Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 30 Item 6. [Reserved] 31 Item 7.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 32 Item 7A.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 42 Item 8.

Financial Statements and Supplementary Data

Financial Statements and Supplementary Data 42 Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure 42 Item 9A.

Controls and Procedures

Controls and Procedures 42 Item 9B. Other Information 43 Item 9C. Disclosure Regarding Foreign Jurisdictions That Prevent Inspection 43 PART III Item 10. Directors, Executive Officers and Corporate Governance 44 Item 11.

Executive Compensation

Executive Compensation 44 Item 12.

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 44 Item 13. Certain Relationships and Related Transactions, and Director Independence 44 Item 14. Principal Accounting Fees and Services 44 PART IV Item 15. Exhibits, Financial Statement Schedules 45 Item 16. Form 10-K Summary 48 1 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Annual Report on Form 10-K ("Annual Report") contains forward-looking statements, which involve risks and uncertainties. These forward-looking statements are generally identified by the use of forward-looking terminology, including the terms "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and, in each case, their negative or other various or comparable terminology. All statements other than statements of historical facts contained in this Annual Report, including statements regarding our strategy, future operations, future financial position, future revenue, projected costs, prospects, plans, objectives of management and expected market growth are forward-looking statements. The forward-looking statements are contained principally in the sections entitled "Item 1. Business," "Item 1A. Risk Factors" and "Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations" and include, among other things, statements relating to: our strategy, outlook and growth prospects; our operational and financial targets and dividend policy; our planned expansion of the store base; general economic trends and trends in the industry and markets; and the competitive environment in which we operate. These statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements ex

B usiness

Item 1. B usiness In this Annual Report, unless otherwise indicated or the context otherwise requires, references to the "Company," "J.Jill," "we," "us," and "our" refer to J.Jill, Inc. and its consolidated subsidiaries. We operate on a 52- or 53-week fiscal year that ends on the Saturday that is closest to January 31. Each fiscal year generally is comprised of four 13-week fiscal quarters, although in the years with 53 weeks, the fourth quarter represents a 14-week period. References in this Annual Report to "Fiscal Year 2023" refer to the fiscal year ended February 3, 2024, references to "Fiscal Year 2022" refer to the fiscal year ended January 28, 2023, and references to "Fiscal Year 2021" refer to the fiscal year ended January 29, 2022. Fiscal Year 2023 is comprised of 53 weeks and Fiscal Years 2022, and 2021 are comprised of 52 weeks. Company Overview J.Jill is a national lifestyle brand that provides apparel, footwear and accessories designed to help its customers move through a full life with ease. The brand represents an easy, thoughtful and inspired style that celebrates the totality of all women and designs its products with its core brand ethos in mind: keep it simple and make it matter. J.Jill offers a high touch customer experience through over 200 stores nationwide and a robust ecommerce platform. J.Jill is headquartered outside Boston. Brand J.Jill has modernized its value proposition and introduced new customers to its relevant and compelling products through thoughtful, versatile designs that reflect the individuality of its customers. J.Jill has accomplished this by clearly communicating its offerings that align with its vision: to live in a world where the totality of every woman is seen, valued and celebrated. This permeates across all J.Jill touchpoints through authentic advertising, inclusive retail experiences and presentation of its offerings – whether the customer chooses to shop on the J.Jill website, in J.Jill retail stores, or t