1259 ET - J.Jill is assuming tariffs will remain at 10% on all countries except China, where it assumes a 30% levy. The women's apparel retail expects to start recording higher product costs toward the end of the current quarter. Chief Financial Officer Mark Webb says on a call with analysts that the company will mitigate these through vendor negotiations, on-order adjustments and "strategic price increases on select items." Overall, the current tariff environment appears manageable. Webb notes that the company has taken steps to limit sourcing from China and currently receives less than 5% of its product from the country. Still, he warns that any increases to current rates will result in additional margin headwinds for the year. Shares fall 14% after J.Jill pulls its outlook for the year. (connor.hart@wsj.com)

(END) Dow Jones Newswires

June 11, 2025 13:00 ET (17:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.