initial public offerings (IPOs) trading on American exchanges

Wednesday, October 11, 2017

J. Jill (JILL) issues downside Q3 guidance

** charts after guidance **

J. Jill issues downside Q3 guidance citing lower than expected sales trend across both our retail and direct channels
  • Co issues downside guidance for Q3 (Oct), sees EPS of $0.08 to $0.10, excluding non-recurring items, vs. $0.19 Capital IQ Consensus Estimate.  Adjusted diluted earnings per share excludes approximately $0.6 million of non-recurring expenses associated with the company's transition to a public company.
  • For the third quarter 2017, the company now expects total company comparable sales of -3% to -5%, with a moderate decline in gross margin as compared to last year. 

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