After The Q2 2024 Drop, J.Jill's Price Is More Reasonable, But The Stock Is Not An Opportunity Yet.

t I INDEX I BOOK I 1 B Kathrin Ziegler J.Jill (NYSE:JILL) posted 2Q24 results last week, with the stock cratering almost 40% after the company reduced guidance. The quarterly sales were good on a comparable basis (growing in a challenging context), but the company was wary about traffic trends in July and August. Since I wrote my first Hold article on Jill, the stock is basically flat after going from $24 to $40 and back down. The company's business has not changed dramatically, besides management's comment ...