J.Jill Stock Drops 13% After Sales And Earnings Decline In Q1

(RTTNews) - J.Jill, Inc. (JILL) fell 13.36 percent to $14.59 on Wednesday after reporting weaker-than-expected first-quarter results. Net sales for the first quarter of fiscal 2025 dropped 4.9 percent to $153.6 million from $161.5 million a year earlier, impacted in part by a $2 million headwind from the OMS cutover. Net income declined to $11.7 million from $16.7 million. Shares opened at $13.92 and traded between $13.61 and $14.99 on the New York Stock Exchange. Volume surged to over 500,000 shares, well above the average of roughly 117,000. The stock's 52-week range is $13.61 to $40.61.