J.Jill: Fiscal 2Q Earnings Snapshot
QUINCY, Mass. (AP) _ J.Jill Inc. (JILL) on Tuesday reported a fiscal second-quarter loss of $96.7 million, after reporting a profit in the same period a year earlier.
The Quincy, Massachusetts-based company said it had a loss of $2.21 per share. Losses, adjusted for one-time gains and costs, came to 5 cents per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 9 cents per share.
The retailer of women’s clothes, shoes and accessories posted revenue of $180.7 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $178.7 million.
J.Jill expects full-year earnings in the range of 20 cents to 24 cents per share.
The company’s shares closed at $2.08. A year ago, they were trading at $5.95.