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J.Jill stock soars after sales beat expectations
J.Jill Inc. stock soared 9.3% in Wednesday premarket trading after the women's apparel maker reported fourth-quarter sales that beat expectations. J.Jill had a net loss of $38.6 million, or 88 cents per share, after net income of $2.1 million, or 5 cents per share, during the same period last year. Excluding one-time expenses, adjusted loss was 5 cents per share. Sales of $168.1 million were down from $170.9 million last year. The FactSet consensus was for a loss of 11 cents per share and sales of $163.2 million. For the first quarter, J.Jill expects EPS of 6 cents to 8 cents and a sales decline of 2 cents to 4 cents. There is no FactSet quarterly guidance for the next fiscal year. J.Jill will start reporting same-store sales in the first quarter. For the full year, J.Jill expects total same-store sales to fall 3% to 5%, EPS of 10 cents to 4 cents and sales to decline 2% to 4%. The FactSet consensus is for a full-year loss of 5 cents and sales of $680.0 million, implying a 1.6% decline. J.Jill stock has plummeted 85.6% over the past year while the S&P 500 index has gained 7.5% for the period.
https://finance.yahoo.com/m/06e1a92...27dc7/j.jill-stock-soars-after.html?.tsrc=rss
J.Jill Inc. stock soared 9.3% in Wednesday premarket trading after the women's apparel maker reported fourth-quarter sales that beat expectations. J.Jill had a net loss of $38.6 million, or 88 cents per share, after net income of $2.1 million, or 5 cents per share, during the same period last year. Excluding one-time expenses, adjusted loss was 5 cents per share. Sales of $168.1 million were down from $170.9 million last year. The FactSet consensus was for a loss of 11 cents per share and sales of $163.2 million. For the first quarter, J.Jill expects EPS of 6 cents to 8 cents and a sales decline of 2 cents to 4 cents. There is no FactSet quarterly guidance for the next fiscal year. J.Jill will start reporting same-store sales in the first quarter. For the full year, J.Jill expects total same-store sales to fall 3% to 5%, EPS of 10 cents to 4 cents and sales to decline 2% to 4%. The FactSet consensus is for a full-year loss of 5 cents and sales of $680.0 million, implying a 1.6% decline. J.Jill stock has plummeted 85.6% over the past year while the S&P 500 index has gained 7.5% for the period.
https://finance.yahoo.com/m/06e1a92...27dc7/j.jill-stock-soars-after.html?.tsrc=rss
