For the six months ended
June 24, the company recorded net sales of $101.4 million compared to $142.8
million in the prior year. Excluding sales from the discontinued Nicole Summers
catalog concept, J. Jill realized net sales of $100.1 million this year compared
to $117.9 million last year. Operating income for the six-month period was $5.5
million or 5.5 per cent of net sales compared to $9.2 million or 6.5 per cent of net sales in
the prior year. Net income for the period was $2.9 million or $0.28 per diluted
share versus $5.1 million or $0.48 per diluted share in the comparable period
last year.

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