J Jill's 1Q24 Was Good And The Debt Repayment Is Positive, But The Stock Is Still A Hold
JILLJ.Jill(JILL) Seeking Alpha·2024-06-12 14:41

Thomas Barwick/DigitalVision via Getty Images J Jill (NYSE:JILL) is an apparel retailer. The company has 244 stores in the US and focuses on a high-income, adult woman target. I started covering JILL in March 2024 with a Hold rating. Despite some of the company's positive characteristics (relatively premium offer, good post-pandemic margins, good SG&A control), I was worried about management's compensation, third-party relations, and a high level of debt. The valuation multiples assuming a return to gross m ...