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J Crew raises forecast despite wider loss in Q2
25 Aug '06
4 min read
-- Adjusted net income for the six months of fiscal 2006 totaled $27.5 million, or $0.43 per diluted share.
The company noted that its annual long term growth targets include: (i) mid single digit comparable Store sales increase; (ii) high single digit Direct sales growth; (iii) 7% - 9% net square footage expansion; and (iv) EPS growth in excess of 20%.
J Crew Group Inc is a nationally recognized multi-channel retailer of women's, men's and children's apparel and accessories. As of August 24, 2006, it operates 169 retail stores, the J Crew catalog business, jcrew.com, and 50 factory outlet stores.
The company noted that its annual long term growth targets include: (i) mid single digit comparable Store sales increase; (ii) high single digit Direct sales growth; (iii) 7% - 9% net square footage expansion; and (iv) EPS growth in excess of 20%.
J Crew Group Inc is a nationally recognized multi-channel retailer of women's, men's and children's apparel and accessories. As of August 24, 2006, it operates 169 retail stores, the J Crew catalog business, jcrew.com, and 50 factory outlet stores.
J Crew Group Inc
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