J.Jill, Inc. (NYSE:JILL) Q4 2023 Earnings Call Transcript

Mark Webb: Yes, generally speaking, Dana, the good news about our store model, well, it’s a great aspect of it, I guess, I would state it differently, is that it’s sort of a known very right-sized model and has been for some time. And so, there aren’t any major changes that we’re deploying, aside from new POS and what opportunities that creates with respect to space requirements. But generally speaking, we’re right-sized. We know the model, and as we kick back off the work, which we started a little bit in 2022, and then we were a net store opener by one store in 2023, we’re refining that model again, and nothing major to call out with respect to the cost side of it. We are managing capital to a very – we think managing it well and generating significant returns, both at the project level and at the enterprise level. I’ll let you guys do the calculations, but that should show up in the results that we’re producing.

Dana Telsey: Thank you.

Operator: This concludes the question-and-answer session. I’ll turn the call to Claire Spofford for closing remarks.

Claire Spofford: Thank you, everyone, for your time and attention this morning. We look forward to chatting again on our Q1 call in a few months.

Operator: This concludes today’s conference call. We thank you for joining. You may now disconnect your lines.