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JJill ( (JILL) ) has provided an update.
J.Jill, Inc. has entered into a consulting agreement with Elm ST Advisors, LLC to develop enhanced operational strategies, paying them a total of $1.9 million over the term of the agreement. The company also announced the retirement of CEO Claire Spofford, effective April 2025, and the introduction of a $25 million share repurchase program to further its shareholder return strategy. For the third quarter of fiscal 2024, J.Jill reported net sales of $151.3 million, with a slight increase in net income compared to the previous year, despite a decrease in comparable sales due to external disruptions.
More about JJill
J.Jill, Inc. is a women’s apparel brand that operates in the retail industry, focusing on providing products through direct-to-consumer channels and physical stores. The company emphasizes offering a valued shopping experience and has a market presence with 247 stores.
YTD Price Performance: 7.37%
Average Trading Volume: 130,897
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $415.4M
See more insights into JILL stock on TipRanks’ Stock Analysis page.
