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J. Jill's Q2 sales beat estimates but declined 0.9% year-over-year. Adjusted EPS of $1.05 exceeded expectations of 91 cents. Company lowered 2024 guidance for flat sales and higher EBITDA declines. Direct-to-consumer sales increased 3.6%, representing 47.1% of total sales. Analysts reduced price targets post-earnings; stock fell 1.6%.
- J. Jill's Q2 sales beat estimates but declined 0.9% year-over-year.
- Adjusted EPS of $1.05 exceeded expectations of 91 cents.
- Company lowered 2024 guidance for flat sales and higher EBITDA declines.
- Direct-to-consumer sales increased 3.6%, representing 47.1% of total sales.
- Analysts reduced price targets post-earnings; stock fell 1.6%.
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