US: J Crew lowers FY forecast on Q3 profit drop
Specialty apparel retailer J Crew Group Inc has lowered its full-year earnings outlook after booking a 14% drop in third quarter profit as it turned to promotions to try to clear merchandise.
Specialty apparel retailer J Crew Group Inc has lowered its full-year earnings outlook after booking a 14% drop in third quarter profit as it turned to promotions to try to clear merchandise.