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JILL JJill News Story

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J.Jill down after annual net sales forecast below estimates

** Shares of women's apparel retailer J.Jill JILL.N down about 12% at $14.57 in early trading

** Company expects annual net sales to be down about 3% compared to analysts' estimate of a decline of 1% - data compiled by LSEG

** Says forecast accounts for about $5 million in cost impact from tariffs based on tariff policies as of December 9

** Expects Q4 adjusted EBITDA in the range of $3 million and $5 million owing to growing margin pressure, elevated promotions and higher cost of goods sold

** JILL forecasts Q4 net sales between 5% and 7% fall vs estimates of 0.61% rise

** Posts Q3 net sales of $150.5 million vs estimate of $149.8 million

** As of last close, stock down 40% YTD

 (Reporting by Koyena Das from Bengaluru)

 ((Koyena.das@thomsonreuters.com))

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