The J. Jill Group Inc. expects to report fourth quarter net sales in the range of $102 to $107.5 million, compared to $91.7 million for the same period last year.
“We made the decision to increase our circulation and promotional activity in the fourth quarter,” said CEO Gordon R. Cooke in a statement. “Unfortunately, sales for our historically predictable Best Seller catalog, which began to mail in early November, were significantly below plan.”
The Quincy, MA company also expects to report fourth quarter diluted earnings to range between 25 and 30 cents per share versus 37 cents per share last year.
The cataloger’s full fourth quarter results will be released on Feb. 13.
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