J.Jill: Fiscal 1Q Earnings Snapshot
QUINCY, Mass. (AP) _ J.Jill Inc. (JILL) on Thursday reported fiscal first-quarter profit of $4.4 million.
On a per-share basis, the Quincy, Massachusetts-based company said it had net income of 10 cents.
The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share.
The retailer of women’s clothes, shoes and accessories posted revenue of $176.5 million in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $179.9 million.
J.Jill expects full-year earnings to be 17 cents to 21 cents per share.
The company’s shares closed at $3.61. A year ago, they were trading at $6.01.