• Q1 net profit US$44.7m, versus $20.4m
  • Revenues up 20% to $413.7m
  • Store sales and direct sales both up 20%

Revenue increases of 20% from its stores and direct business helped retailer J Crew Group to record a first quarter net profit of US$44.7m, up from $20.4m last year and boosted by a 15% comps rise.

“We are very pleased with our first quarter results,” said chairman and CEO Millard Drexler. 

“We are and will continue to be focused on our mission – to innovate in our design, style, quality and customer service and to invest in our business, our associates and our customers for the long term.”