USA: J Jill Group Raises Second Quarter EPS Targets
Women's apparel retailer The J Jill Group today said it expects second quarter diluted earnings per share to be approximately $0.28 to $0.30, exceeding the current consensus estimate of $0.18, and compared to $0.14 for the same period last year. These numbers reflect the 3 for 2 stock split that was announced on June 4 and paid on 28 June 2002. The company also expects to report second quarter net sales in the range of $84 to $86 million.