J.Jill (JILL) Misses Q3 EPS by 6c, Revenues Miss; Offers Q4 & FY19 EPS Guidance Below Consensus
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December 5, 2019 6:46 AM EST
QUINCY, Mass.--(BUSINESS WIRE)--
J.Jill, Inc. (NYSE: JILL) today announced financial results for the third quarter ended November 2, 2019.
Jim Scully, Interim Chief Executive Officer, commented, While our third quarter results were disappointing, the team is working hard to stabilize the business and drive improvements at a much quicker pace with an immediate focus on operating fundamentals and financial discipline. Our brand has a loyal following, and our attractive store base, combined with our sizable direct business, gives us confidence that we have the key building blocks to once again create value... More
December 5, 2019 6:45 AM EST
Linda Heasley Steps Down as President, CEO, and Member of the Board
QUINCY, Mass.--(BUSINESS WIRE)--
J.Jill, Inc. (NYSE: JILL) today announced the appointment of James (Jim) S. Scully, who currently serves as a member of the Board of Directors (the Board) of J.Jill, Inc. (the Company), as Interim Chief Executive Officer, effective immediately. Linda Heasley has stepped down as President, CEO and a member of the Board of J.Jill, Inc. The Board has begun a search process and Mr. Scully will serve as Interim CEO... More
