While reporting financial results for the first quarter on Wednesday, lifestyle brand J.Jill, Inc. (JILL) initiated its net sales and comparable sales growth guidance for the second quarter and reaffirms sales outlook for the full-year 2026.
For the second quarter, the company expects net sales decline of 1 to 3 percent, with comparable sales decline of 2 to 4 percent.
Looking ahead to fiscal 2026, the company continues to project net sales to be flat to down 2 percent, with comparable sales decline of 1 to 3 percent.
The company noted that the outlook assumes an average 20% reciprocal tariff rate on applicable inventory received prior to February 28, 2026, an average 10% reciprocal tariff rate on applicable inventory received after February 28, 2026 through the second quarter of fiscal 2026, and an average 15% reciprocal tariff rate thereafter.
The Company's outlook also assumes a second half unit inventory purchases positioned down in the mid-single digit percentage range compared to Fiscal 2025.
Last week, the Board declared a cash dividend of $0.09 per share, payable on July 8, 2026 to stockholders of record of issued and outstanding shares of the Company's common stock as of June 24, 2026.
In Wednesday's pre-market trading, JILL is trading on the NYSE at $12.10, down $1.00 or 7.63 percent.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.