Core Insights - J. Jill Inc reported better-than-expected earnings and sales results for Q2, but lowered its 2024 forecast [1][3] - The company experienced a 0.9% year-over-year decline in Q2 sales, totaling $155.24 million, which exceeded analyst expectations [1] - Comparable sales increased by 1.7%, with direct-to-consumer net sales rising by 3.6%, making up 47.1% of total sales [1] Financial Performance - Adjusted EPS for the second quarter was $1.05, surpassing the consensus estimate of $0.91 [1] - The company expects net sales for 2024 to be flat to up 1%, a revision from a prior growth estimate of 1% to 3% [3] - Adjusted EBITDA is projected to decline by 4% to 9%, compared to a previous forecast of a 1% to 3% decline [3] Analyst Ratings and Price Targets - Following the earnings announcement, J. Jill shares fell by 1.6% to $26.36 [3] - TD Cowen analyst Jonna Kim maintained a Hold rating and reduced the price target from $37 to $32 [5] - Telsey Advisory Group analyst Dana Telsey also maintained a Market Perform rating, cutting the price target from $38 to $31 [5] - The consensus price target for J. Jill is $38.17, with a high of $44 and a low of $31 from various analysts [6] - Recent analyst ratings suggest an average price target of $33.67, indicating a potential upside of 27% from current levels [6]

J.Jill (JILL) came out with quarterly earnings of $1.05 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $1.10 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 11.70%. A quarter ago, it was expected that this retailer of women's clothes, shoes and accessories would post earnings of $1.14 per share when it actually produced earnings of $1.22, delivering a surprise of 7.02%. Over th ...

J.Jill (JILL) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended July 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on September 4. On th ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, i ...

J.Jill is a national women's retailer that provides apparel, footwear and accessories. It operates 244 stores in the United States and an e-commerce platform. It's a small cap company with a market cap of just $399 million. On June 7, 2024, J. Jill reported its fiscal first quarter 2024 results and beat on the Zacks Consensus by $0.08, or 7%. Earnings were $1.22 versus the Zacks Consensus of $1.14. Sales rose 7.5% to $161.5 million from $150.2 million in the year ago period. The company also has its direct- ...

European shares were lower today. The eurozone's STOXX 600 fell 1.31%, Germany's DAX dipped 1.96% and France's CAC 40 tumbled 1.99%. Spain's IBEX 35 Index fell 1.59%, while London's FTSE 100 slipped 0.63%. Loading... Equities Trading DOWN U.S. initial jobless claims rose by 13,000 to 242,000 in the week ending June 8, compared to market estimates of 225,000. U.S. producer prices fell by 0.2% month-over-month in May versus market estimates of a 0.1% gain and following a 0.5% increase in April. U.S. natural-g ...

I started covering JILL in March 2024 with a Hold rating. Despite some of the company's positive characteristics (relatively premium offer, good post-pandemic margins, good SG&A control), I was worried about management's compensation, third-party relations, and a high level of debt. The valuation multiples assuming a return to gross margins below 70% didn't seem attractive. Good 1Q24 results J Jill (NYSE:JILL) is an apparel retailer. The company has 244 stores in the US and focuses on a high-income, adult w ...

For the full year, J.Jill forecasts net sales growth in the range of 1-3%. The company projects adjusted EBITDA to decrease in the band of 1-3%. This guidance considers the negative impact of the loss of the 53rd week in fiscal 2023, amounting to $7.9 million in net sales and $2.2 million in adjusted EBITDA. Additionally, operating expenses of $3 million associated with the OMS project are also factored into this guidance. .Jill, Inc. (JILL) reported strong first-quarter 2024 results, wherein the top and bo ...

Company Performance - J.Jill reported quarterly earnings of $1.22 per share, exceeding the Zacks Consensus Estimate of $1.14 per share, and up from $0.96 per share a year ago [1] - The company posted revenues of $161.51 million for the quarter ended April 2024, surpassing the Zacks Consensus Estimate by 0.95%, compared to $149.42 million in the same quarter last year [2] - J.Jill has exceeded consensus revenue estimates four times over the last four quarters [2] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.07 on revenues of $155.05 million, and for the current fiscal year, it is $3.38 on revenues of $615.1 million [4] - The estimate revisions trend for J.Jill is favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [13] Industry Context - The Retail - Apparel and Shoes industry, to which J.Jill belongs, is currently in the top 22% of over 250 Zacks industries, suggesting a positive outlook for the sector [5] - The industry has shown that the top 50% of Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1 [5] Stock Performance - J.Jill shares have increased approximately 36.6% since the beginning of the year, significantly outperforming the S&P 500's gain of 12.2% [11]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 4, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________________ to _____________________ Commission File Number: 001-38026 J.Jill, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 45- ...