J. Crew Treads Water With Q2 Revenue

Share this content:
Revenue for J. Crew Group's second quarter that ended Aug. 3 was $167.6 million, virtually unchanged from $167.9 million last year. Comparable-store sales fell 11.4 percent in the quarter while net sales in J. Crew's direct business rose 1.5 percent.


Earnings before interest, taxes, depreciation and amortization reached $6 million, up from $2.5 million last year. The net loss was $7.1 million, compared with a net loss of $8.6 million last year. Revenue for the 26 weeks ended Aug. 3 totaled $334.7 million, down from $335.7 million last year. Comparable-store sales fell 12.2 percent in the 26-week period while net sales in the New York-based company's direct business rose 1 percent.


The net loss was $19.2 million, up from $17.9 million last year. This year's first half was hurt by $4.8 million in severance costs compared with $2.2 million in the 2001 period.


close

Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

USAData helps businesses find new customers and grow their current customers through a combination of data and digital marketing services, and easy-to-use SaaS technology products. We enrich customer data so businesses can more effectively target and communicate with customers, and connect them with their best look-alike prospects through digital and traditional channels. We make it easy through simple, self-serve applications and APIs, as well as through full-service programs managed by our Data and Digital experts. 

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above