JILL - Board Member Of J.Jill Sold $40.30M In Stock | Benzinga
TowerBrook Investors Ltd, Board Member at J.Jill (NYSE:JILL), disclosed an insider sell on June 18, according to a recent SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday outlined that Ltd executed a sale of 1,300,000 shares of J.Jill with a total value of $40,300,000.
The latest market snapshot at Tuesday morning reveals J.Jill shares down by 0.41%, trading at $34.1.
Unveiling the Story Behind J.Jill
J.Jill Inc is a national lifestyle brand that provides apparel, footwear, and accessories. The company's products are marketed under the J.Jill brand name and sold through two channels: its e-commerce platform and catalog (Direct) and its retail stores (Retail). Revenue is derived from the sale of apparel and accessory merchandise through the company's Retail and Direct channels, which include website and catalog phone orders. Revenue also includes shipping and handling fees collected from customers.
Key Indicators: J.Jill's Financial Health
Positive Revenue Trend: Examining J.Jill's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 1.22% as of 31 January, 2024, showcasing a substantial increase in top-line earnings. As compared to ...