J.Jill Sees Potential Promotional Environment, The Name Is Fairly Valued
J.Jill's Q3 2024 results were challenging, with comp sales down 0.8% and gross margins hit by promotions and mild fall weather. The company expects Q4 comps to improve but anticipates continued promotions and lower margins. Despite a 15% stock price increase since September 2024, J.Jill is fairly valued with an 11% earnings yield and a potential 14-16% total yield.
J.Jill Beats Q3 Earnings Estimates, Announces Share Repurchase Program
Jill's fiscal third-quarter sales increase marginally and meet the Zacks Consensus Estimate, while comparable sales decline 0.8%.
Kaskela Law LLC Announces Shareholder Investigation of J.Jill, Inc. (NYSE: JILL) and Encourages Investors to Contact the Firm
PHILADELPHIA, PA / ACCESSWIRE / December 12, 2024 / Kaskela Law LLC announces that it is investigating J.Jill, Inc. (NYSE:JILL) on behalf of the company's shareholders. Click here for additional information: Click Here Since July 2024, shares of J.Jill's stock have declined in value from a trading price of approximately $40.00 per share to a current trading price of less than $30.00, a decline of over 25% in value.
J.Jill, Inc. (JILL) Q3 2024 Earnings Call Transcript
J.Jill, Inc. (NYSE:JILL ) Q3 2024 Earnings Conference Call December 11, 2024 4:30 PM ET Company Participants Claire Spofford - President and CEO Mark Webb - EVP, CFO and COO Conference Call Participants Janine Stichter - BTIG Dylan Carden - William Blair Corey Tarlowe - Jefferies Jonna Kim - TD Cowen Ryan Meyers - Lake Street Capital Markets Marni Shapiro - The Retail Tracker Operator Hello, and welcome to the J.Jill Inc. Q3 2024 Earnings Call. Before we begin, I need to remind you that certain comments made during these remarks may constitute forward-looking statements and are made pursuant to and within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 as amended.
J.Jill (JILL) Q3 Earnings Top Estimates
J.Jill (JILL) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.78 per share a year ago.
After The Q2 2024 Drop, J.Jill's Price Is More Reasonable, But The Stock Is Not An Opportunity Yet.
J.Jill's 2Q24 results show a slight revenue growth on a comparable basis, but traffic trends in July and August raised concerns, leading to reduced guidance. The company's capital structure is less leveraged due to issuing 1 million shares, but high leverage rates and questionable capital allocation remain issues. Despite a fair current yield of 12-14%, I maintain a Hold rating due to decreased revenue guidance, high leverage, and unsatisfactory management policies.
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.
J.Jill Q2: Market Overreacted To The Lowered Guidance
J.Jill's Q2 financials showed resilient comparable sales that slightly exceeded expectations. Profitability beat estimates even though margins came in significantly below the Q2/FY2023 level, mostly due to temporary issues. The market reacted very negatively to J.Jill's slightly lowered FY2024 guidance, which I see as an overreaction amid persisting weak consumer spending. The JILL stock remains undervalued, bringing nearly an 11% cash flow yield in FY2025 with my estimates combined with stable, slow growth going forward.
J.Jill, Inc. (JILL) Q2 2024 Earnings Call Transcript
J.Jill, Inc. (NYSE:JILL ) Q2 2024 Earnings Conference Call September 4, 2024 8:00 AM ET Company Participants Claire Spofford - President & CEO Mark Webb - EVP, CFO & COO Conference Call Participants Ryan Meyers - Lake Street Capital Markets Corey Taylor - Jefferies Dylan Carden - William Blair Dana Telsey - Telsey Group Janine Stichter - BTIG Jonna Kim - TD Cowen Marni Shapiro - The Retail Tracker Operator Thank you for Standing by, and Welcome to the J.Jill Inc's Second Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.
J.Jill (JILL) Q2 Earnings and Revenues Beat Estimates
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.
J.Jill Gears Up to Post Q2 Earnings: What Awaits the Stock?
JILL has been witnessing selling, general and administrative expenses for a while now. It anticipates net sales to remain flat to decline 3% for the second quarter of fiscal 2024.
Earnings Preview: J.Jill (JILL) Q2 Earnings Expected to Decline
J.Jill (JILL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
