- Telsey Consulting Analyst Dana Telsey reiterated a moderate risk rating on the shares of J.Jill Inc JILL with a target price of $24.00.
- That The company’s second-quarter earnings missed estimates while the EPS outperformed the Street View.
- The analyst said recently Quarters continue to demonstrate that JILL’s strategic initiatives to simplify offerings while streamlining operations and focusing on full price selling are resulting in improved performance with higher margins.
- Telsey mentioned J.Jill’s adjusted EBITDA despite macro headwinds.
- With a better balance of core offering and novelty, J.Jill can tell a clearer story, allowing the customer to better connect with the range over a longer sale period, the analyst added.
- With an attractive customer base, a strong omnichannel offering, and assortment improvements, Telsey sees an opportunity to deliver continued sales increases and higher profitability.
- Price promotion: JILL shares trade 6.09% lower at $15.87 on the last check Friday.
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