J.Jill: Fiscal 2Q Earnings Snapshot
QUINCY, Mass. (AP) _ J.Jill Inc. (JILL) on Tuesday reported fiscal second-quarter earnings of $10.5 million.
On a per-share basis, the Quincy, Massachusetts-based company said it had net income of 23 cents. Earnings, adjusted for non-recurring costs, were 24 cents per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 23 cents per share.
The retailer of women’s clothes, shoes and accessories posted revenue of $179.7 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $178.6 million.
J.Jill shares have fallen nearly 2 percent since the beginning of the year. The stock has fallen 26 percent in the last 12 months.