J.Jill Analysts Slash Their Forecasts After Q2 Earnings Results

J. Jill Inc JILL reported better-than-expected earnings and sales results for the second quarter on Wednesday, but lowered 2024 forecast. The company posted a second-quarter sales decline of 0.9% year-over-year to $155.24 million, beating the analyst consensus estimate of $154.23 million. Total company comparable sales increased by 1.7%. Direct-to-consumer net sales climbed 3.6% Y/Y, constituting 47.1% of total sales. Adjusted EPS of S1.05 beat the consensus of 91 cents. "While we have seen changes in consu ...