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Israeli Prime Minister Benjamin Netanyahu is having his prostate removed on Sunday, his office said, a procedure that comes as he manages multiple crises at once, including the ongoing war in Gaza and his own trial for alleged corruption, AP reported. ET Year-end Special Reads What kept India's stock market investors on toes in 2024? India's car race: How far EVs went in 2024 Investing in 2025: Six wealth management trends to watch out for 75-year-old Netanyahu is among a cohort of older world leaders, including 82-year-old outgoing US President Joe Biden and President-elect Donald Trump, 78, whose health and physical fitness are under deep scrutiny both at home and abroad because of their advanced age and the effect that could have on their leadership, as per a report on Associated Press. Netanyahu, who has had a string of health issues in recent years, has gone to great lengths to bolster a public image of himself as a healthy, energetic leader. During his trial this month he boasted about working 18-hour days, even if those long hours are accompanied by a cigar. But as Israel's longest-serving leader, such a grueling workload over a total of 17 years in power could also take a toll on his well-being. The procedure has already had a fallout: Netanyahu’s lawyer Amit Hadad said in a letter to the court the Israeli prime minister would be fully sedated for the procedure and would be hospitalized for “a number of days," asking that his three days of testimony this week be canceled. The court agreed. Netanyahu's office said that Justice Minister Yariv Levin, a close Netanyahu ally, would serve as acting prime minister during the procedure. With so much at stake in the turbulent region, Netanyahu’s health in wartime is a concern for both Israelis and the wider world. Artificial Intelligence(AI) Java Programming with ChatGPT: Learn using Generative AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Basics of Generative AI: Unveiling Tomorrows Innovations By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Generative AI for Dynamic Java Web Applications with ChatGPT By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Mastering C++ Fundamentals with Generative AI: A Hands-On By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Master in Python Language Quickly Using the ChatGPT Open AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Performance Marketing for eCommerce Brands By - Zafer Mukeri, Founder- Inara Marketers View Program Office Productivity Zero to Hero in Microsoft Excel: Complete Excel guide 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance A2Z Of Money By - elearnmarkets, Financial Education by StockEdge View Program Marketing Modern Marketing Masterclass by Seth Godin By - Seth Godin, Former dot com Business Executive and Best Selling Author View Program Astrology Vastu Shastra Course By - Sachenkumar Rai, Vastu Shashtri View Program Strategy Succession Planning Masterclass By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd. View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) AI and Analytics based Business Strategy By - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI View Program Web Development A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital Marketing Masterclass by Pam Moore By - Pam Moore, Digital Transformation and Social Media Expert View Program Artificial Intelligence(AI) AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital marketing - Wordpress Website Development By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert View Program Office Productivity Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Mastering Full Stack Development: From Frontend to Backend Excellence By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance Financial Literacy i.e Lets Crack the Billionaire Code By - CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator View Program Data Science SQL Server Bootcamp 2024: Transform from Beginner to Pro By - Metla Sudha Sekhar, IT Specialist and Developer View Program According to Netanyahu’s office, the Israeli leader was diagnosed with a urinary tract infection on Wednesday stemming from a benign enlargement of his prostate. The infection was treated successfully with antibiotics but a procedure on Sunday will remove his prostate. Complications from prostate enlargement are common in men in their 70s and 80s, Dr. Shay Golan, head of the oncology urology service at Israel’s Rabin Medical Center, told Israeli Army Radio. Golan spoke in general terms about the procedure and was not involved in Netanyahu's care or treatment. He said that an enlarged prostate can block proper emptying of the bladder, leading to a build-up of urine that can then lead to an infection or other complications. After medicinal treatment, doctors can recommend a procedure to remove the prostate to prevent future blockages, Golan said. In Netanyahu’s case, because the prostate is not cancerous, Golan said doctors will likely perform an endoscopic surgery, which is carried out by inserting small instruments into a body cavity, rather than making any surgical cuts in the abdomen to reach the prostate. The procedure lasts about an hour, Golan said, and recovery is quick. Golan also said that aside from catheter use for one to three days after the procedure, patients can return to normal activity without any significant limitations. FAQs Q1. How old is Benjamin Netanyahu? A1. Israeli Prime Minister Benjamin Netanyahu is 75-year-old. Q2. What is Donald Trump's age? A2. Donald Trump's age is 78. (You can now subscribe to our Economic Times WhatsApp channel )Rape allegation against Jay-Z won’t impact NFL's relationship with music mogul, Goodell says
Elon Musk, who has been as President-elect Donald Trump’s “Co-President,” has a history of racially questionable behavior. Here are five instances of Musk using his power and influence to promote divisive rhetoric. When Elon Musk acquired Twitter and renamed it X back in 2022, he wasted no time advocating for free speech on the app. Musk, who describes himself as a “free speech absolutist,” had stated: “Twitter has become kind of the de facto town square, so it’s just really important that people have ... both the reality and the perception that they are able to speak freely within the bounds of the law.” According to , the increase in hate speech became so bad on the platform that Musk requested nonprofit researchers be penalized for tracking it. After Trump won the presidential election in November, Musk became America’s largest political donor. He donated $277 million to back Donald Trump as well as other Republicans, per . Watchdog groups are worried that this has increased Musk’s access to Trump and will influence the Republican party agenda as Musk is currently the focus of several government investigations. Trump has accused Haitian immigrants in Ohio of eating pets, called Mexicans rapists and have pledged to deport immigrants at record rates. Musk knows what he is doing by aligning himself with this rhetoric. According to the , the tech billionaire is reportedly a paid subscriber to a racist account on X. Musk apparently follows “Boer” (@twatterbaas), a pro-apartheid X account that has constantly shared content racist commentary about South Africa’s Black population and calling for power to be returned to white Africans. Musk, who was raised in South Africa, also pays for Boer’s “bonus content and extra perks” as a subscriber. Earlier this month, Musk posted racist images of Elizabeth Warren after the Massachusetts senator demanded that President-elect Donald Trump have Musk adhere to ethics standards set for government officials. The Independent that Musk went on X to post images that apparently had been made by artificial intelligence to make Warren appear in Native American attire. One of the images depicted Warren wearing a beaded headdress with bird feathers and a buckskin shirt with a leather fringe, while others showed Warren in Native American attire while eating cake and grinning. In December, Musk took to X and described the racist, far-right Alternative for Germany (AfD) party as Germany’s last hope. “Only the AfD can save Germany,” he posted on X according to . This statement was in response to Naomi Seibt, a young German right-wing influencer who wrote: “The presumptive next chancellor Friedrich Merz (CDU) is horrified by the idea that Germany should follow Elon Musk’s and Javier Milei’s example.” The AfD garners controversy because many of its leaders are Nazi sympathizers.Pearl Diver Credit Company Inc. Announces Offering of Series A Preferred Stock
Annual Career Horoscope 2025: Best job and money prospects for each Zodiac Sign in the new yearThe Chocolate Chunks Ina Garten Uses For Her Cookies
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AP Trending SummaryBrief at 4:53 p.m. ESTborealisgallery Elevator Thesis Take-Two Interactive Software is gearing up for what’s sure to be a massive year for its business. Its crown jewel in the Grand Theft Auto ("GTA") series is set to launch what promises to be the biggest Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
SANTA CLARA — Brock Purdy is charged with distributing the ball to the 49ers’ still-plentiful array of offensive weapons. On Tuesday, he threw disgruntled wide receiver Deebo Samuel his full support. “I want to get Deebo the ball every play if I could,” Purdy said. “I want to have him break all the records as best as possible. I want Deebo to do Deebo things, and we all do in this building.” Thing is, Samuel’s sub-par production this season has mirrored the 49ers’ rocky road to a 6-7 record entering Thursday night’s visit by the Rams (7-6). “Not struggling at all just not getting the ball!!!!!!!” Samuel wrote Monday in a since-deleted post on the social media platform X. The timing off that complaint was peculiar. The 49ers had just shaken a three-game losing streak with a 38-13 win over the Chicago Bears, a game Samuel acknowledged was their best offensive showing and most complementary outing. But the 49ers did so with minimal production again from Samuel, who had two catches for 22 yards and five carries for 13 yards. “You read what you read. A little frustrated, for sure,” Samuel said Tuesday at his locker before practice. General manager John Lynch asked 49ers fans to give Samuel “some grace,” and coach Kyle Shanahan also threw support behind Samuel’s gripes. “Deebo and I talk every day so I understand Deebo saying that,” Shanahan said. “Deebo wants to help us out, and the only way he is helping us is getting the ball more. And we’d like to get him the ball more.” Samuel, a two-time captain, has scored just two touchdowns (Week 1 run, Week 5 reception) after 12 last regular season; he had 14 in 2021. He missed the 49ers’ Week 3 loss in Los Angeles because of a calf injury. Three years removed from his All-Pro breakout season, Samuel’s production has taken a nosedive this season, even though he is getting the ball. His 72 touches (40 receptions for 533 yards, 32 carries for 92 yards) are second to only now-injured running back Jordan Mason’s 164. In an X post 10 minutes after complaining about his opportunities, Samuel wrote : “Just cause I voice my opinions don’t mean I’m hating on any of my teammates!!” Jauan Jennings (57 catches, 774 yards, six touchdowns) and tight end George Kittle (56-800-8) have seized more on their targets from Brock Purdy, while 2022-23 mainstays Brandon Aiyuk and Christian McCaffrey have missed most of the season injured. “We’d always love things to stay in-house,” Shanahan said. “It’s probably why I don’t go on social media: I’d get worked up if I was reading stuff all the time. Is it a distraction in our building? No.” “He’s one of my best friends on this team. I absolutely love Deebo and what he’s done for me,” Purdy said. “He’s right: he’s doing great right now with what we ask of him the offense. He’s not struggling. Like Ricky (Pearsall) or Aiyuk last year a little bit, there are moments through a season where guys just don’t get the ball, depending on defensive schemes and taking guys away.” Samuel has flourished in the 49ers’ rivalry against the Rams, including three years ago when his “wide back” persona emerged as he scored on both a run and a reception to lead the victorious 49ers out of a 3-5 rut and toward the playoffs. That dual-threat duty is not such an inventive concept anymore, however. “They’re not surprised anymore,” Samuel said. “We’ve been doing it almost three years now, so you’ve got a 50-50 chance whether I’m in the backfield getting a handoff or anything along those lines. They have a glimpse of what’s going on. ... There’s three or four (defenders awaiting) no matter who has the ball.” “Deebo has created such a high standard, the things he’s done, the innovation which we’ve created things for Deebo. That’s part of the problem,” said Lynch, noting that multiple teams now deploy Samuel-esque, dual-threat players that no longer surprise defenses. “... That frustration mounts. But he’s made so many plays for us, I think we need to give this guy some grace and bring him along, because we need him the rest of the way,” Lynch added. “We need him Thursday night. Deebo’s a big part of this team. We’re alright. We can all learn from different situations and a lot of things in the world these days that you can get caught up in.” Some of Samuel’s most productive efforts this season have come as a kick returner (11 returns for 333 yards, including six returns in their Dec. 1 loss at Buffalo). “We’ve got a lot of big football to play and he’ll be a big part of our season moving forward,” Lynch said. As for next season, Samuel carries a $16 million mark on the salary cap. The 49ers restructured his contract in March, so he would incur a $31.6 million hit if he’s released or traded before June 1; after that date, an exit would count $11 million in 2025 and $21 million in ’26. GUERENDO IDLING Running back Isaac Guerendo’s foot sprain Sunday kept him out of Tuesday’s light walkthrough and it’s uncertain whether he’ll make a second straight start. Guerendo ran for 78 yards and two touchdowns, and he had 50 yards on two catches, before exiting and bequeathing the backfield to Patrick Taylor Jr. Guerendo got clocked at 20.2 mph on a 30-yard, second-quarter carry that was the NFL’s fastest by a running back in Week 14. GREENLAW UPDATE The 49ers remain reluctant to declare whether linebacker Dre Greenlaw will make his season debut Thursday night, the date pegged for his comeback from an Achilles tear in the Super Bowl. Shanahan said there’s been no setback, that he merely wants to talk first to Greenlaw and see how the next two days go. OTHER INJURY UPDATES Defensive end Nick Bosa (oblique, hip) and left tackle Trent Williams (ankle) will officially miss the fourth week of practice, albeit this week’s only consisting of Tuesday’s walk-through that began at 5:10 p.m. Shanahan has not indicated whether they’ll miss a fourth straight game. While left guard Aaron Banks practiced for the first time since a Nov. 24 concussion in Green Bay, guard Ben Bartch (ankle) did not practice and is expected to go on Injured Reserve before Thursday’s kickoff. Limited were defensive end Yetur Gross-Matos, safety Malik Mustapha, and linebackers Dee Winters and Demetrius Flannigan-Fowles. HARGRAVE MOVEMENT Defensive tackle Javon Hargrave’s bloated contract was restructured to lessen the 49ers’ financial restraints next year. While that could stage his potential release after two seasons, as pointed out by OverTheCap.com, Hargrave is also more affordable to keep, seeing how his 2025 salary was chopped from $19.9 million to $2.1 million, and his salary cap mark fell from $28 million to $10.3 million. “The plan for him is to be a Niner,” Shanahan said, deferring business matters to the front office staff. “The mechanics of contract stuff, those are things I don’t look into until after the offseason.” Hargrave, 31, has been on injured reserve since tearing a biceps in the Sept. 22 loss at Los Angeles. He made the Pro Bowl last season and totaled seven sacks in his first year with the 49ers. Jordan Elliott replaced him in this season’s lineup next to Maliek Collins, with rookie Evan Anderson, Kevin Givens, Kalia Davis and Khalil Davis also in the interior rotation.Mexico City-based Prima has raised $23 million in funding to expand its offerings as a manufacturing and supply chain integrator across North America. The latest funding brings Prima’s total funding, including previously undisclosed rounds, to $42.5 million, the company said in a Friday (Dec. 6) press release . Prima uses a technology-first model to manage every step of the process of manufacturing custom parts and goods, operating complex industrial projects and sourcing goods from Mexico — including design, engineering, raw material procurement, factory floor operations, quality control and delivery, according to the release. The company does so by orchestrating its ecosystem of vetted service providers, with Prima serving as a one-stop shop and seller of record, the release said. The company serves 150 North American companies and aims to expand its foothold in the United States, per the release. “We are powering Mexico’s industrial renaissance with every partnership we forge, every engineer we train and every project we successfully complete,” Daniel Autrique , co-founder of Prima, said in the release. “With a team of nearly 80 people operating across six countries, robust funding and a track record of serving North America’s largest companies, we are off to a running start.” One of Prima’s customers, Rudy Bambic, CEO of Electrotech, said in the release that Prima has enabled the Illinois-based OEM to streamline its operations. “Its systems give us complete visibility and control for a level of efficiency we didn’t believe was possible,” Bambic said. “As a result, we will be able to make and shop products faster than ever to fulfill market demands while cutting our own costs. This in turn enables us to keep our prices low without compromising quality.” Over half of retailers and manufacturers are investing to modernize their procurement processes, according to the PYMNTS Intelligence and Corcentric collaboration, “ Digital Payments: A Changing Economy Sparks New Priorities for Systems Spending .” The report found that 57% of manufacturers and 54% of retailers said the most important reason for their investments in digital procurement systems is to modernize their procurement processes, while 37% of manufacturers and 20% of retailers said the most important reason for investing in working capital and credit systems is to modernize them. For all PYMNTS B2B coverage, subscribe to the daily B2B Newsletter .Asia-Pacific markets are set to open lower on the second last day of the year, tracking Wall Street's declines on Friday. Asia-Pacific markets were set to open lower on the penultimate trading day of this year, after Wall Street declined on Friday. Australia's S&P/ASX 200 traded 0.3% lower in its first hour of trade. Japan's Nikkei 225 futures pointed to a weaker open for the market, with the futures contract in Chicago at 40,210 compared to the index's previous close of 40,281.16. This week, traders await China's manufacturing PMI on Tuesday, while markets will be closed on Wednesday for New Year's Day holiday. U.S. stocks fell Friday, led by technology names, but major indexes still rose for the week. The blue-chip Dow Jones Industrial Average shed 333.59 points, or 0.77%, to 42,992.21, falling for the first time in six sessions. The S&P 500 fell 1.11% to 5,970.84. The Nasdaq Composite slid 1.49% to 19,722.03, as Tesla dropped about 5% and Nvidia fell 2%. —CNBC's Yun Li and Pia Singh contributed to this report.
LUKE LITTLER has revealed what he got for Christmas including an odd gift from his mum. The darts sensation stormed into the Round of 16 of the World Darts Championship on Saturday - days after unwrapping his Christmas gifts . He beat Ian White 4-1 and likely had his mind focused on the upcoming clash as he rummaged through his stocking on Christmas morning, after booking his place in round three with a win over Ryan Meikle. Littler received a number of presents on Christmas Day, including a gift he may not need. Asked about his haul, Littler said: “Oh, some clothes. A new gaming chair. A headset. "An Xbox gift card from my mum – even though I am sponsored by them! Some new shoes.” Littler, 17, was in a fiery mood during his win over White. He admitted he is not always Mr Nice Guy at the oche and he showed an aggressive side as he roared after sealing the fourth set. The world number four said after the match: “I am not a nice person at times on the board. I don’t think anyone else is. "But it’s always good to have that a bit of aggression. READ MORE on all the build-up to the Ally Pally extravaganza... All the info: News, features and interviews: “It’s good for myself to show that I can be ruthless. Ian has been around for many years. He played my granddad. “But for myself, it’s good to be ruthless, especially on that last dart as many people do see.” Littler even found time to poke fun at himself as he pretended to cry when he greeted his family post-game. The teen broke down after his win over Meikle and went over to his parents for an emotional hug.
How co-writing a book threatened the Carters’ marriageBeth Dooley | (TNS) The Minnesota Star Tribune The holidays loom large. Parties, gift-shopping, school programs, recitals, family gatherings — there’s really no time to cook. Related Articles Restaurants Food and Drink | National smoothie chain opens in Bethlehem Restaurants Food and Drink | Roasted orange delivers big flavor in this smoky chicken traybake Restaurants Food and Drink | Winter can be a time of culinary abundance. Experts share tips on eating nutritiously Restaurants Food and Drink | Check out these 3 Lehigh Valley spots for great indoor holiday decorations Restaurants Food and Drink | Popular Mountain View Drive-In to reopen, introduce new desserts But there is! Here are three quick and easy recipes you can hustle to the table in 30 minutes or less. Relax, take a deep breath and know that dinner is served. Serves 4. Making grilled cheese for more than one can be tricky. Here, the sheet pan does the work; the sandwiches are ready all at once. Try our suggested fillings or just enjoy them plain in all their gooey deliciousness. From Beth Dooley. Directions Preheat the oven to 425 degrees. Line a large sheet pan with parchment paper. Spread the butter to the edge of 4 slices of bread. Place the slices butter-side down on the sheet pan. Top with the sliced cheese and add a layer of the filling, then top with the remaining slices of bread. Put the pan in the oven and cook until the butter is thoroughly melted and bottom slices are turning golden and the cheese is melting, about 8 to 10 to minutes. Flip the sandwiches. Continue cooking until the top layer of bread begins to turn golden and the cheese is melted. Turn the oven to broil and toast the top layer, watching closely, this goes quickly, about 30 seconds to 1 minute. Flip the bread and toast the other side, about 15 to 20 seconds or so. Remove, cut and serve. Quick Skillet Chicken with Lemon, Tahini and Warm Spices will come together quickly and can be served on a bed of greens or pasta. (Ashley Moyna Schwickert/For the Minnesota Star Tribune) Serves 4 to 6. A simple marinade of pantry staples — lemon, tahini, olive oil and a little honey — keeps the chicken moist and becomes the sauce for finishing the dish. Serve on a bed of dark greens or cooked rice. From Beth Dooley. Directions In a large bowl, whisk together the lemon, tahini, honey and olive oil. Measure out 1⁄2 of the mixture into a separate bowl. This is to sauce the chicken after it’s cooked. If it seems too thick, whisk in a little water. Season the chicken with salt and pepper and pound with the flat edge of a knife to even out the width a bit. Put the chicken into the bowl of marinade and turn to coat. Film a heavy skillet with more oil and set over high heat. When the oil begins to ripple, add the chicken, reduce the heat to medium and cook, flipping after about 5 to 7 minutes, and continuing, until cooked through, about 10 to 15 minutes. (The chicken should reach 165 on an instant-read thermometer when done.) Remove the chicken from the skillet, set on a cutting board to rest for about 10 minutes. Slice the meat in long strokes against the grain. Serve on a bed of greens or rice, garnished with a drizzle of sauce, chopped herbs and a few thinly sliced lemons. Pass additional sauce on the side. One-Pot Pasta with Sausage, Tomato and Spinach is a quick but hearty meal for busy, chilly nights. (Ashley Moyna Schwickert/For the Minnesota Star Tribune) Serves 4 to 6. You only need one pot for this simple pasta. The sausage adds the seasoning, the onions turn sweetly golden, cherry tomatoes burst into a luscious sauce. A squeeze of lemon at the end livens things up. From Beth Dooley. Directions Film a large heavy pot or Dutch oven with the oil and set over medium heat. Add the onion and sauté until it turns limp and golden, about 3 to 5 minutes. Stir in the sausage, breaking apart with a spatula until it crumbles, about 4 to 5 minutes. Stir in the tomatoes and the stock, scraping up the bottom of the pan to release browned bits that stick to the bottom. Bring to a boil. Add the pasta, stirring well and continue boiling for about 4 to 5 minutes. Turn the heat down to a brisk simmer, stirring to keep the pasta from sticking to the bottom of the pot. If the sauce becomes too thick and the pasta begins to stick, stir in water, about 1⁄4 cup at a time. Simmer until the sauce is mostly absorbed and the pasta is tender, about 15 minutes. Turn off the heat and stir in the spinach, then stir in the cheese. Add lemon juice to taste. Serve garnished with the chopped parsley. Beth Dooley is the author of “The Perennial Kitchen.” Find her at bethdooleyskitchen.com. ©2024 The Minnesota Star Tribune. Visit at startribune.com. Distributed by Tribune Content Agency, LLC.
Sir Keir Starmer’s ‘wonderful’ brother dies aged 60 after suffering from cancerQ3 FY24 Net Sales of $151.3 Million Q3 FY24 Gross Margin of 71.4% Q3 FY24 Operating Income of $19.2 Million Announces $25.0 Million Share Repurchase Authorization J.Jill, Inc. JILL today announced financial results for the third quarter of fiscal year 2024. Claire Spofford, President and Chief Executive Officer of J.Jill, Inc. stated, "We delivered third quarter results inline with our expectations as we continued to execute the disciplined operating model yielding another quarter of healthy overall margin performance. While our customer has remained selective with her purchasing behavior and we have not yet seen the robust return to full price selling we saw earlier this year, we are maintaining our commitment to providing her the product, value and shopping experience she expects and appreciates from J.Jill. As we look ahead, we remain steadfast in our operating principles and continue to invest in strategic initiatives such as systems and new stores that we believe will enhance the omni-channel experience and broaden our reach longer-term. In addition to continuing to invest in the business, we are also pleased to further expand our total shareholder return strategy to include a new share repurchase program further underscoring our confidence in the business and the long-term opportunities that remain in front of us." For the third quarter ended November 2, 2024: Net sales for the third quarter of fiscal 2024 increased 0.3% to $151.3 million compared to $150.9 million for the third quarter of fiscal 2023. The increase includes approximately $2.0 million of benefit due to the calendar shift with the 53 rd week in fiscal 2023. Total company comparable sales, which includes comparable store and direct to consumer sales, decreased by 0.8% for the third quarter of fiscal 2024. Total company comparable sales was negatively impacted by approximately 50 basis points due to hurricane-related disruptions in the quarter. Direct to consumer net sales, which represented 45.7% of net sales, were up 0.3% compared to the third quarter of fiscal 2023. Gross profit was $108.0 million compared to $108.6 million in the third quarter of fiscal 2023. Gross margin was 71.4% compared to 72.0% in the third quarter of fiscal 2023. SG&A was $88.6 million compared to $86.5 million in the third quarter of fiscal 2023. Excluding non-recurring items from both periods, SG&A as a percentage of total net sales was 58.4% compared to 57.7% for the third quarter of fiscal 2023. Operating income was $19.2 million compared to $22.1 million in the third quarter of fiscal 2023. Operating income margin for the third quarter of fiscal 2024 was 12.7% compared to 14.7% in the third quarter of fiscal 2023. Adjusted Income from Operations* was $21.4 million compared to $22.5 million in the third quarter of fiscal 2023. Interest expense was $2.8 million compared to $6.5 million in the third quarter of fiscal 2023. Interest income was $0.5 million in the third quarter of fiscal 2024 compared to $0.7 million in the third quarter of fiscal 2023. During the third quarter of fiscal 2024, the Company recorded an income tax provision of $4.5 million compared to $4.7 million in the third quarter of fiscal 2023 and the effective tax rate was 26.8% compared to 28.9% in the third quarter of fiscal 2023. Net Income was $12.3 million compared to $11.6 million in the third quarter of fiscal 2023. Net Income per Diluted Share was $0.80 for the third quarter of fiscal 2024 and 2023. Adjusted Net Income per Diluted Share* in the third quarter of fiscal 2024 was $0.89 compared to $0.83 in the third quarter of fiscal 2023. Adjusted EBITDA* for the third quarter of fiscal 2024 was $26.8 million compared to $28.6 million in the third quarter of fiscal 2023. Adjusted EBITDA margin* for the third quarter of fiscal 2024 was 17.7% compared to 18.9% in the third quarter of fiscal 2023. The Company opened three new stores, reopened one store that was temporarily closed for relocation in the second quarter of fiscal 2024 and temporarily closed one store due to hurricane damage, which has an uncertain reopening date. The store count at the end of the quarter is 247 stores. For the thirty-nine weeks ended November 2, 2024: Net sales for the thirty-nine weeks ended November 2, 2024 increased 2.2% to $468.0 million compared to $457.8 million for the thirty-nine weeks ended October 28, 2023. The increase includes approximately $2.0 million of benefit due to the calendar shift with the 53 rd week in fiscal 2023. Total company comparable sales, which includes comparable store and direct to consumer sales, increased by 1.4% for the thirty-nine weeks ended November 2, 2024. Direct to consumer net sales, which represented 46.6% of net sales, were up 5.1% compared to the thirty-nine weeks ended October 28, 2023. Gross profit was $335.1 million compared to $329.3 million for the thirty-nine weeks ended October 28, 2023. Gross margin was 71.6% compared to 71.9% for the thirty-nine weeks ended October 28, 2023. SG&A was $264.1 million compared to $253.7 million for the thirty-nine weeks ended October 28, 2023. Excluding non-recurring items from both periods, SG&A as a percentage of total net sales was 56.4% compared to 55.6% for the thirty-nine weeks ended October 28, 2023. Operating income was $70.6 million compared to $75.6 million for the thirty-nine weeks ended October 28, 2023. Operating income margin for the thirty-nine weeks ended November 2, 2024 was 15.1% compared to 16.5% for the thirty-nine weeks ended October 28, 2023. Adjusted Income from Operations* was $75.9 million compared to $77.8 million for the thirty-nine weeks ended October 28, 2023. Interest expense was $13.0 million compared to $19.8 million for the thirty-nine weeks ended October 28, 2023. Interest income was $2.0 million compared to $1.8 million for the thirty-nine weeks ended October 28, 2023. During the thirty-nine weeks ended November 2, 2024, the Company recorded an income tax provision of $13.8 million compared to $13.3 million for the thirty-nine weeks ended October 28, 2023 and the effective tax rate was 27.1% compared to 29.8% for the thirty-nine weeks ended October 28, 2023. Net Income was $37.2 million compared to $31.4 million for the thirty-nine weeks ended October 28, 2023. Net Income per Diluted Share was $2.48 compared to $2.19 for the thirty-nine weeks ended October 28, 2023. Adjusted Net Income per Diluted Share* for the thirty-nine weeks ended November 2, 2024 was $3.15 compared to $3.00 for the thirty-nine weeks ended October 28, 2023. Adjusted EBITDA* for the thirty-nine weeks ended November 2, 2024 was $92.6 million compared to $95.1 million for the thirty-nine weeks ended October 28, 2023. Adjusted EBITDA margin* for the thirty-nine weeks ended November 2, 2024 was 19.8% compared to 20.8% for the thirty-nine weeks ended October 28, 2023. The Company opened four new stores for the thirty-nine weeks ended November 2, 2024 and temporarily closed one store due to hurricane damage, which has an uncertain reopening date. The store count at the end of the thirty-nine weeks ended November 2, 2024 is 247 stores. Balance Sheet Highlights Net Cash provided by Operating Activities for the thirty-nine weeks ended November 2, 2024, was $56.9 million compared to $56.7 million for the thirty-nine weeks ended October 28, 2023. Free cash flow* was $46.9 million compared to $45.9 million for the thirty-nine weeks ended October 28, 2023. The Company ended the third quarter of fiscal 2024 with a cash balance of $38.8 million. Inventory at the end of the third quarter of fiscal 2024 was $61.7 million compared to $56.7 million at the end of the third quarter of fiscal 2023. *Non-GAAP financial measures. Please see "Non-GAAP Financial Measures" and "Reconciliation of GAAP Net Income to Adjusted EBITDA," "Reconciliation of GAAP Operating Income to Adjusted Income from Operations," "Reconciliation of GAAP Net Income to Adjusted Net Income," and "Reconciliation of GAAP Cash from Operations to Free Cash Flow" for more information. Share Repurchase Authorization On December 6, 2024, J.Jill's Board of Directors authorized a share repurchase program for up to an aggregate amount of $25.0 million of the Company's outstanding common stock over the next 2 years. The program is expected to be funded through the Company's existing cash and future free cash flow. The timing of any repurchases and the number of shares repurchased are subject to the discretion of the Company and may be affected by various factors, including general market and economic conditions, the market price of the Company's common stock, the Company's earnings, financial condition, capital requirements and levels of indebtedness, legal requirements, and other factors that management may deem relevant. The share repurchase program authorization does not obligate the Company to acquire any shares of its common stock and may be amended, suspended or discontinued at any time. Shares may be repurchased from time to time through open market transactions, block trades, privately negotiated purchase transactions or other purchase techniques and may include purchases effected pursuant to one or more trading plans established pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934. Quarterly Dividend Payment On December 4, 2024, the Board declared a cash dividend of $0.07 per share, payable on January 9, 2025 to stockholders of record of issued and outstanding shares of the Company's common stock as of December 26, 2024. Outlook For the fourth quarter of fiscal 2024, the Company expects net sales to be down 4% to 6% compared to the 14-week fourth quarter of fiscal 2023. The Company expects total company comparable sales to be up 1% to 3% compared to the comparable 13-week period in the prior fiscal year and expects Adjusted EBITDA to be in the range of $12.0 million to $14.0 million for the fourth quarter of fiscal 2024. For fiscal 2024, the Company expects net sales to be about flat to up 1% compared to fiscal 2023, total company comparable sales to be up 1% to 2% and for Adjusted EBITDA to be in the range of $105.0 million to $107.0 million, reflecting a year-over-year decline of 5% to 7% compared to fiscal 2023. This net sales and Adjusted EBITDA guidance reflects the negative impact from the loss of the 53rd week in fiscal 2023 of $7.9 million in net sales and $2.2 million in Adjusted EBITDA as well as investments to support profitable sales growth, including approximately $2.0 million in operating expenses related to the Company's Order Management System ("OMS") project. Excluding the impact of the 53rd week as well as the operating expense investment in the OMS project, the Company expects fiscal 2024 net sales to grow in the range of 1% to 2% and Adjusted EBITDA to decline in the range of 2% to 4% compared to the prior year. The Company now expects net store count growth of 4 stores to end fiscal 2024, excluding the impact of the hurricane closure. The Company continues to expect total capital expenditures of approximately $22.0 million, which reflects the treatment of cloud based software implementation costs as prepaid expense. Conference Call Information A conference call to discuss third quarter 2024 results is scheduled for today, December 11, 2024, at 4:30 p.m. Eastern Time. Those interested in participating in the call are invited to dial (888) 596-4144 or (646) 968-2525 if calling internationally. Please dial in approximately 10 minutes prior to the start of the call and reference Conference ID 7311773 when prompted. A live audio webcast of the conference call will be available online at http://investors.jjill.com/Investors-Relations/News-Events/events . A taped replay of the conference call will be available approximately two hours following the call and can be accessed both online and by dialing (800) 770-2030 or (609) 800-9909. The pin number to access the telephone replay is 7311773. The telephone replay will be available until December 18, 2024. About J.Jill, Inc. 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. For more information, please visit www.jjill.com or http://investors.jjill.com . The information included on our websites is not incorporated by reference herein. Non-GAAP Financial Measures To supplement our unaudited consolidated financial statements presented in accordance with generally accepted accounting principles ("GAAP"), we use the following non-GAAP measures of financial performance: Adjusted EBITDA, which represents net income plus depreciation and amortization, income tax provision, interest expense, interest expense - related party, interest income, equity-based compensation expense, write-off of property and equipment, amortization of cloud-based software implementation costs, loss on extinguishment of debt, loss on debt refinancing, adjustment for exited retail stores, impairment of long-lived assets, loss due to hurricane, and other non-recurring items primarily consisting of outside legal and professional fees associated with certain non-recurring transactions and events. We present Adjusted EBITDA on a consolidated basis because management uses it as a supplemental measure in assessing our operating performance, and we believe that it is helpful to investors, securities analysts and other interested parties as a measure of our comparative operating performance from period to period. We also use Adjusted EBITDA as one of the primary methods for planning and forecasting overall expected performance of our business and for evaluating on a quarterly and annual basis actual results against such expectations. Further, we recognize Adjusted EBITDA as a commonly used measure in determining business value and as such, use it internally to report results. We also use Adjusted EBITDA margin which represents, for any period, Adjusted EBITDA as a percentage of net sales. Adjusted Income from Operations, which represents operating income plus equity-based compensation expense, write-off of property and equipment, adjustment for exited retail stores, impairment of long-lived assets, loss due to hurricane, and other non-recurring items. We present Adjusted Income from Operations because management uses it as a supplemental measure in assessing our operating performance, and we believe that it is helpful to investors, securities analysts, and other interested parties as a measure of our comparative operating performance from period to period. Adjusted Net Income, which represents net income plus income tax provision, equity-based compensation expense, write-off of property and equipment, loss on extinguishment of debt, loss on debt refinancing, adjustment for exited retail stores, impairment of long-lived assets, loss due to hurricane, and other non-recurring items. We present Adjusted Net Income because management uses it as a supplemental measure in assessing our operating performance, and we believe that it is helpful to investors, securities analysts and other interested parties as a measure of our comparative operating performance from period to period. Adjusted Net Income per Diluted Share represents Adjusted Net Income divided by the number of fully diluted shares outstanding. Adjusted Net Income per Diluted Share is presented as a supplemental measure in assessing our operating performance, and we believe that it is helpful to investors, securities analysts and other interested parties as a measure of our comparative operating performance from period to period. Free Cash Flow represents cash flow from operations less capital expenditures. Free Cash Flow is presented as a supplemental measure in assessing our liquidity, and we believe that it is helpful to investors, securities analysts and other interested parties as a measure of our comparative liquidity and operating performance from period to period. While we believe that Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Income from Operations, Adjusted Net Income, Adjusted Diluted EPS and Free Cash Flow are useful in evaluating our business, they are non-GAAP financial measures that have limitations as analytical tools. These non-GAAP measures should not be considered alternatives to, or substitutes for, Net Income, Income from Operations, Net Income per Diluted Share or Cash from Operations, which are calculated in accordance with GAAP. In addition, other companies, including companies in our industry, may calculate these non-GAAP measures differently or not at all, which reduces the usefulness of such non-GAAP financial measures as tools for comparison. We recommend that you review the reconciliation and calculation of Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Income from Operations, Adjusted Net Income, Adjusted Diluted EPS and Free Cash Flow to Net Income, Income from Operations, Net Income per Diluted Share and Cash from Operations, respectively, the most directly comparable GAAP financial measures, under "Reconciliation of GAAP Net Income to Adjusted EBITDA", "Reconciliation of GAAP Operating Income to Adjusted Income from Operations", "Reconciliation of GAAP Net Income to Adjusted Net Income" and "Reconciliation of Cash from Operations to Free Cash Flows" and not rely solely on Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Income from Operations, Adjusted Net Income, Adjusted Net Income per Diluted Share, Free Cash Flow or any single financial measure to evaluate our business. Forward-Looking Statements This press release contains, and oral statements made from time to time by our representatives may contain, "forward-looking statements." All statements other than statements of historical facts contained in this press release, including statements regarding our strategy, future operations, future financial position, future revenue, projected costs, prospects, plans, objectives of management, expected market growth and any activities, events or developments that we intend, expect or believe may occur in the future are forward-looking statements. Such statements are often identified by words such as "could," "may," "might," "will," "likely," "anticipates," "intends," "plans," "seeks," "believes," "estimates," "expects," "continues," "projects," "goal," "target" (although not all forward-looking statements contain these identifying words) and similar references to future periods, or by the inclusion of forecasts or projections. Forward-looking statements are based on our current expectations and assumptions regarding capital market conditions, our business, the economy and other future conditions and are not guarantees of future performance. Because forward-looking statements relate to the future, by their nature, they are inherently subject to a number of risks, uncertainties, potentially inaccurate assumptions and changes in circumstances that are difficult to predict. As a result, our actual results may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ materially from those in any forward-looking statements include regional, national or global political, economic, business, competitive, market and regulatory conditions, including risks regarding: (1) our sensitivity to changes in economic conditions and discretionary consumer spending; (2) the material adverse impact of pandemics, other health crises or natural disasters on our operations, business and financial results; (3) our ability to anticipate and respond to changing customer preferences, shifts in fashion and industry trends in a timely manner; (4) our ability to maintain our brand image, engage new and existing customers and gain market share; (5) the impact of operating in a highly competitive industry with increased competition; (6) our ability to successfully optimize our omnichannel operations, including our ability to enhance our marketing efforts and successfully realize the benefits from our investments in new technology, for example our recently implemented point-of-sale system and the forthcoming upgrade to our order management system; (7) our ability to use effective marketing strategies and increase existing and new customer traffic; (8) any interruptions in our foreign sourcing operations and the relationships with our suppliers and agents; (9) any increases in the demand for, or the price of, raw materials used to manufacture our merchandise and other fluctuations in sourcing and distribution costs; (10) any material damage or interruptions to our information systems; (11) our ability to protect our trademarks and other intellectual property rights; (12) our indebtedness restricting our operational and financial flexibility; (13) our ability to manage our inventory levels, size assortments and merchandise mix; (14) the fact that we are no longer a controlled company; (15) the impact of any new or increased tariffs; (16) our management succession plan; and (17) other factors that may be described in our filings with the Securities and Exchange Commission (the "SEC"), including the factors set forth under "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended February 3, 2024 and our Quarterly Report on Form 10-Q for the quarter ended August 28, 2024. You are encouraged to read our filings with the SEC, available at www.sec.gov , for a discussion of these and other risks and uncertainties. We caution investors, potential investors and others not to place considerable reliance on the forward-looking statements in this press release and in the oral statements made by our representatives. Any such forward-looking statement speaks only as of the date on which it is made. J.Jill undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise. (Tables Follow) J.Jill, Inc. Consolidated Statements of Operations and Comprehensive Income (Unaudited) (Amounts in thousands, except share and per share data) For the Thirteen Weeks Ended November 2, 2024 October 28, 2023 Net sales (a) $ 151,260 $ 150,881 Costs of goods sold (exclusive of depreciation and amortization) 43,285 42,283 Gross profit 107,975 108,598 Selling, general and administrative expenses (a) 88,646 86,450 Impairment of long-lived assets 102 21 Operating income 19,227 22,127 Interest expense (b) 2,849 6,501 Interest income (b) (494 ) (707 ) Income before provision for income taxes 16,872 16,333 Income tax provision 4,524 4,717 Net income and total comprehensive income $ 12,348 $ 11,616 Net income per common share: Basic $ 0.81 $ 0.82 Diluted $ 0.80 $ 0.80 Weighted average common shares: Basic 15,331,712 14,169,955 Diluted 15,490,876 14,448,228 Cash dividends declared per common share $ 0.07 — (a) For the third quarter of fiscal 2023, Net sales includes $0.7 million of processing fee income related to customer sales returns that was previously included in Selling, general and administrative expenses. (b) Beginning fiscal 2024, Interest income is presented separately from Interest expense. The prior period has been conformed with the current period presentation J.Jill, Inc. Consolidated Statements of Operations and Comprehensive Income (Unaudited) (Amounts in thousands, except share and per share data) For the Thirty-Nine Weeks Ended November 2, 2024 October 28, 2023 Net sales (a) $ 468,015 $ 457,758 Costs of goods sold (exclusive of depreciation and amortization) 132,909 128,423 Gross profit 335,106 329,335 Selling, general and administrative expenses (a) 264,072 253,705 Impairment of long-lived assets 413 66 Operating income 70,621 75,564 Loss on extinguishment of debt 8,570 — Loss on debt refinancing — 12,702 Interest expense (b) 13,009 18,758 Interest expense - related party — 1,074 Interest income (b) (2,020 ) (1,750 ) Income before provision for income taxes 51,062 44,780 Income tax provision 13,827 13,346 Net income and total comprehensive income $ 37,235 $ 31,434 Net income per common share: Basic $ 2.51 $ 2.22 Diluted $ 2.48 $ 2.19 Weighted average common shares: Basic 14,831,762 14,130,734 Diluted 14,994,786 14,379,529 Cash dividends declared per common share $ 0.14 — (a) For the thirty-nine weeks ended October 28, 2023, Net sales includes $2.5 million of processing fee income related to customer sales returns that was previously included in Selling, general and administrative expenses. (b) Beginning fiscal 2024, Interest income is presented separately from Interest expense. The prior period has been conformed with the current period presentation. J.Jill, Inc. Consolidated Balance Sheets (Unaudited) (Amounts in thousands, except common share data) November 2, 2024 February 3, 2024 Assets Current assets: Cash and cash equivalents $ 38,765 $ 62,172 Accounts receivable 6,535 5,042 Inventories, net 61,737 53,259 Prepaid expenses and other current assets 18,774 17,656 Total current assets 125,811 138,129 Property and equipment, net 52,091 54,118 Intangible assets, net 62,223 66,246 Goodwill 59,697 59,697 Operating lease assets, net 112,358 108,203 Other assets 6,076 1,787 Total assets $ 418,256 $ 428,180 Liabilities and Shareholders' Equity Current liabilities: Accounts payable $ 50,936 $ 41,112 Accrued expenses and other current liabilities 42,534 42,283 Current portion of long-term debt 2,188 35,353 Current portion of operating lease liabilities 34,251 36,204 Total current liabilities 129,909 154,952 Long-term debt, net of discount and current portion 69,124 120,595 Deferred income taxes 9,511 10,967 Operating lease liabilities, net of current portion 105,161 103,070 Other liabilities 1,290 1,378 Total liabilities 314,995 390,962 Commitments and contingencies Shareholders' Equity Common stock, par value $0.01 per share; 50,000,000 shares authorized; 15,340,378 and 10,614,454 shares issued and outstanding at November 2, 2024 and February 3, 2024, respectively 153 107 Additional paid-in capital 241,998 213,236 Accumulated deficit (138,890 ) (176,125 ) Total shareholders' equity 103,261 37,218 Total liabilities and shareholders' equity $ 418,256 $ 428,180 J.Jill, Inc. Reconciliation of GAAP Net Income to Adjusted EBITDA (Unaudited) (Amounts in thousands) For the Thirteen Weeks Ended November 2, 2024 October 28, 2023 Net income $ 12,348 $ 11,616 Add (Less): Depreciation and amortization 5,257 5,792 Income tax provision 4,524 4,717 Interest expense (a) 2,849 6,501 Interest income (a) (494 ) (707 ) Adjustments: Equity-based compensation expense (b) 1,726 942 Write-off of property and equipment (c) 17 19 Amortization of cloud-based software implementation costs (d) 180 283 Adjustment for exited retail stores (e) — (632 ) Impairment of long-lived assets (f) 102 21 Loss due to hurricane (g) 252 — Other non-recurring items (h) 47 — Adjusted EBITDA $ 26,808 $ 28,552 Net sales (i) 151,260 150,881 Adjusted EBITDA margin 17.7 % 18.9 % (a) Beginning fiscal 2024, Interest income is presented separately from Interest expense. The prior period has been conformed with the current period presentation. (b) Represents expenses associated with equity incentive instruments granted to our management and Board of Directors. Incentive instruments are accounted for as equity-classified awards with the related compensation expense recognized based on fair value at the date of the grant. (c) Represents net gain or loss on the disposal of fixed assets. (d) Represents amortization of capitalized implementation costs related to cloud-based software arrangements that are included within Selling, general and administrative expenses. Adjusted EBITDA for the third quarter of fiscal 2023 has been restated to include such adjustments to Net income. (e) Represents non-cash gains associated with exiting store leases earlier than anticipated. (f) Represents impairment of long-lived assets related to right of use assets and leasehold improvements. (g) Represents loss on write-off of property and equipment and inventory at one store location due to hurricane. (h) Represents items management believes are not indicative of ongoing operating performance, including non-ordinary course legal and professional fees. (i) For the third quarter of fiscal 2023, Net sales includes $0.7 million of processing fee income that was previously included in Selling, general and administrative expenses. J.Jill, Inc. Reconciliation of GAAP Net Income to Adjusted EBITDA (Unaudited) (Amounts in thousands) For the Thirty-Nine Weeks Ended November 2, 2024 October 28, 2023 Net income $ 37,235 $ 31,434 Add (Less): Depreciation and amortization 16,091 16,854 Income tax provision 13,827 13,346 Interest expense (a) 13,009 18,758 Interest expense - related party — 1,074 Interest income (a) (2,020 ) (1,750 ) Adjustments: Equity-based compensation expense (b) 4,676 2,757 Write-off of property and equipment (c) 74 65 Amortization of cloud-based software implementation costs (d) 645 399 Loss on extinguishment of debt (e) 8,570 — Loss on debt refinancing (f) — 12,702 Adjustment for exited retail stores (g) (615 ) (632 ) Impairment of long-lived assets (h) 413 66 Loss due to hurricane (i) 252 — Other non-recurring items (j) 485 2 Adjusted EBITDA $ 92,642 $ 95,075 Net sales (k) $ 468,015 $ 457,758 Adjusted EBITDA margin 19.8 % 20.8 % (a) Beginning fiscal 2024, Interest income is presented separately from Interest expense. The prior period has been conformed with the current period presentation. (b) Represents expenses associated with equity incentive instruments granted to our management and Board of Directors. Incentive instruments are accounted for as equity-classified awards with the related compensation expense recognized based on fair value at the date of the grant. (c) Represents net gain or loss on the disposal of fixed assets. (d) Represents amortization of capitalized implementation costs related to cloud-based software arrangements that are included within Selling, general and administrative expenses. Adjusted EBITDA for the thirty-nine weeks ended October 28, 2023 has been restated to include such adjustments to Net income. (e) Represents loss on the prepayment of a portion of the term loan. (f) Represents loss on the repayment of the Priming and the Subordinated Credit Agreement. (g) Represents non-cash gains associated with exiting store leases earlier than anticipated. (h) Represents impairment of long-lived assets related to right of use assets and leasehold improvements. (i) Represents loss on write-off of property and equipment and inventory at one store location due to hurricane. (j) Represents items management believes are not indicative of ongoing operating performance, including non-ordinary course legal and professional fees. (k) For the thirty-nine weeks ended October 28, 2023, Net sales includes $2.5 million of processing fee income that was previously included in Selling, general and administrative expenses. J.Jill, Inc. Reconciliation of GAAP Operating Income to Adjusted Income from Operations (Unaudited) (Amounts in thousands) For the Thirteen Weeks Ended November 2, 2024 October 28, 2023 Operating income $ 19,227 $ 22,127 Add (Less): Equity-based compensation expense (a) 1,726 942 Write-off of property and equipment (b) 17 19 Adjustment for exited retail stores (c) — (632 ) Impairment of long-lived assets (d) 102 21 Loss due to hurricane (e) 252 — Other non-recurring items (f) 47 — Adjusted income from operations $ 21,371 $ 22,477 For the Thirty-Nine Weeks Ended November 2, 2024 October 28, 2023 Operating income $ 70,621 $ 75,564 Add (Less): Equity-based compensation expense (a) 4,676 2,757 Write-off of property and equipment (b) 74 65 Adjustment for exited retail stores (c) (615 ) (632 ) Impairment of long-lived assets (d) 413 66 Loss due to hurricane (e) 252 — Other non-recurring items (f) 485 2 Adjusted income from operations $ 75,906 $ 77,822 (a) Represents expenses associated with equity incentive instruments granted to our management and Board of Directors. Incentive instruments are accounted for as equity-classified awards with the related compensation expense recognized based on fair value at the date of the grant. Adjusted income from operations for the third quarter of fiscal 2023 and for the thirty-nine weeks ended October 28, 2023 has been restated to include such adjustments to Operating income. Beginning fiscal 2024, equity-based compensation expense is included as an adjustment. The prior period has been conformed with the current period presentation. (b) Represents net gain or loss on the disposal of fixed assets. Adjusted income from operations for the third quarter of fiscal 2023 and for the thirty-nine weeks ended October 28, 2023 has been restated to include such adjustments to Operating income. Beginning fiscal 2024, write-off of property and equipment is included as an adjustment. The prior period has been conformed with the current period presentation. (c) Represents non-cash gains associated with exiting store leases earlier than anticipated. (d) Represents impairment of long-lived assets related to right of use assets and leasehold improvements. (e) Represents loss on write-off of property and equipment and inventory at one store location due to hurricane. (f) Represents items management believes are not indicative of ongoing operating performance, including non-ordinary course legal and professional fees. J.Jill, Inc. Reconciliation of GAAP Net Income to Adjusted Net Income (Unaudited) (Amounts in thousands, except share and per share data) For the Thirteen Weeks Ended November 2, 2024 October 28, 2023 Net income $ 12,348 $ 11,616 Add: Income tax provision 4,524 4,717 Income before provision for income tax 16,872 16,333 Adjustments: Equity-based compensation expense (a) 1,726 942 Write-off of property and equipment (b) 17 19 Adjustment for exited retail stores (c) — (632 ) Impairment of long-lived assets (d) 102 21 Loss due to hurricane (e) 252 — Other non-recurring items (f) 47 — Adjusted income before income tax provision 19,016 16,683 Less: Adjusted tax provision (g) 5,172 4,655 Adjusted net income $ 13,844 $ 12,028 Adjusted net income per share: Basic $ 0.90 $ 0.85 Diluted $ 0.89 $ 0.83 Weighted average number of common shares: Basic 15,331,712 14,169,955 Diluted 15,490,876 14,448,228 (a) Represents expenses associated with equity incentive instruments granted to our management and Board of Directors. Incentive instruments are accounted for as equity-classified awards with the related compensation expense recognized based on fair value at the date of the grant. Adjusted net income for the third quarter of fiscal 2023 has been restated to include such adjustments to Net income. Beginning fiscal 2024, equity-based compensation expense is included as an adjustment. The prior period has been conformed with the current period presentation. (b) Represents net gain or loss on the disposal of fixed assets. Adjusted net income for the third quarter of fiscal 2023 has been restated to include such adjustments to Net income. Beginning fiscal 2024, write-off of property and equipment is included as an adjustment. The prior period has been conformed with the current period presentation. (c) Represents non-cash gains associated with exiting store leases earlier than anticipated. (d) Represents impairment of long-lived assets related to right of use assets and leasehold improvements. (e) Represents loss on write-off of property and equipment and inventory at one store location due to hurricane. (f) Represents items management believes are not indicative of ongoing operating performance, including non-ordinary course legal and professional fees. (g) The adjusted tax provision for adjusted net income is estimated by applying a rate of 27.2% for the third quarter of fiscal 2024 and 27.9% for the third quarter of fiscal 2023. J.Jill, Inc. Reconciliation of GAAP Net Income to Adjusted Net Income (Unaudited) (Amounts in thousands, except share and per share data) For the Thirty-Nine Weeks Ended November 2, 2024 October 28, 2023 Net income $ 37,235 $ 31,434 Add: Income tax provision 13,827 13,346 Income before provision for income tax 51,062 44,780 Adjustments: Equity-based compensation expense (a) 4,676 2,757 Write-off of property and equipment (b) 74 65 Loss on extinguishment of debt (c) 8,570 — Loss on debt refinancing (d) — 12,702 Adjustment for exited retail stores (e) (615 ) (632 ) Impairment of long-lived assets (f) 413 66 Loss due to hurricane (g) 252 — Other non-recurring items (h) 485 2 Adjusted income before income tax provision 64,917 59,740 Less: Adjusted tax provision (i) 17,657 16,667 Adjusted net income $ 47,260 $ 43,073 Adjusted net income per share: Basic $ 3.19 $ 3.05 Diluted $ 3.15 $ 3.00 Weighted average number of common shares: Basic 14,831,762 14,130,734 Diluted 14,994,786 14,379,529 (a) Represents expenses associated with equity incentive instruments granted to our management and Board of Directors. Incentive instruments are accounted for as equity-classified awards with the related compensation expense recognized based on fair value at the date of the grant. Adjusted net income for the thirty-nine weeks ended October 28, 2023 has been restated to include such adjustments to Net income. Beginning fiscal 2024, equity-based compensation expense is included as an adjustment. The prior period has been conformed with the current period presentation. (b) Represents net gain or loss on the disposal of fixed assets. Adjusted net income for the thirty-nine weeks ended October 28, 2023 has been restated to include such adjustments to Net income. Beginning fiscal 2024, write-off of property and equipment is included as an adjustment. The prior period has been conformed with the current period presentation. (c) Represents loss on the prepayment of a portion of the term loan. (d) Represents loss on the repayment of the Priming and Subordinated Credit Agreement. (e) Represents non-cash gains associated with exiting store leases earlier than anticipated. (f) Represents impairment of long-lived assets related to right of use assets and leasehold improvements. (g) Represents loss on write-off of property and equipment and inventory at one store location due to hurricane. (h) Represents items management believes are not indicative of ongoing operating performance, including non-ordinary course legal and professional fees. (i) The adjusted tax provision for adjusted net income is estimated by applying a rate of 27.2% for the thirty-nine weeks ended November 2, 2024 and 27.9% for the thirty-nine weeks ended October 28, 2023. J.Jill, Inc. Selected Cash Flow Information (Unaudited) (Amounts in thousands) Summary Data from the Statement of Cash Flows For the Thirteen Weeks Ended November 2, 2024 October 28, 2023 Net cash provided by operating activities $ 19,067 $ 21,067 Net cash used in investing activities (5,487 ) (3,655 ) Net cash used in financing activities (3,281 ) (2,200 ) Net change in cash and cash equivalents 10,299 15,212 Cash and cash equivalents: Beginning of Period 28,466 48,903 End of Period $ 38,765 $ 64,115 For the Thirty-Nine Weeks Ended November 2, 2024 October 28, 2023 Net cash provided by operating activities $ 56,947 $ 56,682 Net cash used in investing activities (10,047 ) (10,760 ) Net cash used in financing activities (70,307 ) (68,860 ) Net change in cash and cash equivalents (23,407 ) (22,938 ) Cash and cash equivalents: Beginning of Period 62,172 87,053 End of Period $ 38,765 $ 64,115 Reconciliation of GAAP Cash from Operations to Free Cash Flow For the Thirteen Weeks Ended November 2, 2024 October 28, 2023 Net cash provided by operating activities $ 19,067 $ 21,067 Less: Capital expenditures (a) (5,487 ) (3,655 ) Free cash flow $ 13,580 $ 17,412 For the Thirty-Nine Weeks Ended November 2, 2024 October 28, 2023 Net cash provided by operating activities $ 56,947 $ 56,682 Less: Capital expenditures (a) (10,047 ) (10,760 ) Free cash flow $ 46,900 $ 45,922 (a) Capital expenditures reflects net cash used in investing activities, which includes capitalized interest and excludes cash received from landlords for tenant allowances. 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