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JILL JJill News Story

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Consumer CyclicalsAdventurousSmall CapNeutral

Apparel retailer J.Jill drops after withdrawing annual forecasts

** Women's apparel retailer J.Jill's JILL.N shares down 15.2% at $14.28 in premarket trading

** Co withdraws its annual net sales, comparable sales and core profit forecasts, citing increased macroeconomic uncertainty and co's recent leadership transition

** Says it is temporarily suspending its practice of providing guidance

** Co also misses Q1 net sales estimate, while it narrowly beats adjusted EPS expectations, according to data compiled by LSEG

** Up to last close, stock had fallen 39% YTD

 (Reporting by Neil J Kanatt in Bengaluru)

 ((Neil.JKanatt@thomsonreuters.com;))

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