1752 ET - J.Jill's latest earnings-per-share results were better than expected, but its full price selling remains pressured as consumers remain choiceful, TD Cowen analysts say in a research note. The women's apparel company's management team has a good turnaround strategy to drive higher full price selling and product differentiation. However, the company will likely post flat to low-to-single digit revenue growth in the near to medium term, which may not be enough to drive multiple expansion, the analysts add. Shares closed down 5.7% to $26.63. (sabela.ojea@wsj.com; @sabelaojeaguix)
(END) Dow Jones Newswires
December 13, 2024 17:52 ET (22:52 GMT)
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