Revenues in J. Crew’s Retail
segment grew to $78.7 million in the fiscal 2000 first quarter, up 21.8% from
$64.6 million in the year-ago period. The company had 83 retail stores in North
America at the end of the fiscal 2000 first quarter compared to 67 stores at
the end of the first quarter of fiscal 1999. Comparable store sales increased
by 3% in the first fiscal quarter. Revenues in the J. Crew Direct segment, which
includes J. Crew catalog and the online business, were $60.2 million
in the fiscal 2000 first quarter compared to $58.6 million in the fiscal 1999
first quarter.

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