J.Jill, Inc. (JILL), a lifestyle brand that provides apparel, footwear and accessories, Monday reaffirmed fourth quarter and the full year guidance at an investor meeting.
In the pre-market hours, shares are sliding 2.37 percent
For the fourth quarter, the company continues to expect net sales to be down 4 to 6 percent, compared to the 14-week fourth quarter of fiscal 2023. Comparable sales is expected to be up 1 to 3 percent, compared to the comparable 13-week period in the prior fiscal year.
On average, six analysts polled by Thomson Reuters expect the company to earn $0.21 per share on revenue of $142.38 million.
For fiscal 2024, J.Jill continues to expect net sales to be about flat to up 1 percent, compared to fiscal 2023.
Fiscal comparable sales is projected to be up 1 to 2 percent. Excluding items, the company expect fiscal 2024 net sales to grow in the range of 1 to 2 percent.
Analysts' projection is for sales of $1.24 per share on revenue of $165.22 million.
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