Description: Shares of women’s apparel retailer J.Jill (JILL)plunged 50% Thursday after the company warned that sales would flag. The company said stores open at least a year may fall between 3% and 5% in the third quarter, and earnings would miss forecasts.
Source: CNNMoney.com – video report
Date: Oct 13, 2017
Questions for discussion:
- What does this report say about retailing stocks?
- What might the IPO timing suggest about management thinking at the time?