India, June 10 -- While reporting financial results for the first quarter on Wednesday, lifestyle brand J.Jill, Inc. (JILL) initiated its net sales and comparable sales growth guidance for the second quarter and reaffirms sales outlook for the full-year 2026.
For the second quarter, the company expects net sales decline of 1 to 3 percent, with comparable sales decline of 2 to 4 percent.
Looking ahead to fiscal 2026, the company continues to project net sales to be flat to down 2 percent, with comparable sales decline of 1 to 3 percent.
The company noted that the outlook assumes an average 20% reciprocal tariff rate on applicable inventory received prior to February 28, 2026, an average 10% reciprocal tariff rate on applicable inventory r...