J.Jill Exceeds Q2 Expectations, Lowers 2024 Guidance Due To Changing Consumer Behavior
Portfolio Pulse from Akanksha Bakshi
J.Jill Inc (NYSE:JILL) reported better-than-expected Q2 results with a slight sales decline but beat analyst estimates. However, the company lowered its 2024 guidance due to changing consumer behavior, leading to a 6.13% drop in share price.
September 04, 2024 | 1:42 pm
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J.Jill reported Q2 results that exceeded expectations but lowered its 2024 guidance due to changing consumer behavior. This led to a 6.13% drop in share price.
J.Jill's Q2 results exceeded expectations, but the lowered 2024 guidance due to changing consumer behavior has negatively impacted investor sentiment, causing a 6.13% drop in share price.
CONFIDENCE 90
IMPORTANCE 80
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