J.Jill Has The Ability For Top-Line Gains & Increased Profitability, Analyst Says

Telsey Advisory analyst Dana Telsey reiterated a Moderate Risk rating on the shares of J.Jill Inc JILL with a price target of $24.00.
The company's Q2 revenue missed estimates while the EPS exceeded the Street view.
The analyst said recent quarters continue to prove that JILL's strategic initiatives to simplify the offering while streamlining operations and focusing on full-priced selling result in improved performance with higher margins.
Telsey mentioned J.Jill's record adjusted EBITDA, despite the macro headwinds.
With a better balance between the core offering and newness, J.Jill can tell a clearer story, allowing the customer to better connect with the assortment over a longer selling period, added the analyst.
With an attractive customer base, strong omnichannel offering, and assortment improvements, Telsey sees the ability for ongoing topline gains and increased profitability.
Price Action: JILL shares are trading lower by 6.09% at $15.87 on the last check Friday.

Analyst Calendar