J.Crew Group, Inc. Announces First Quarter Fiscal 2018 Results
•Total revenues increased 3% to $540.5 million. Comparable company sales increased 1% following a decrease of 8% in the first quarter last year. •J.Crew sales decreased 7% to $391.9 million. J.Crew comparable sales decreased 6% following a decrease of 11% in the first quarter last year. •Madewell sales increased 39% to $115.8 million. Madewell comparable sales increased 31% following an increase of 11% in the first quarter last year. •Operating loss was $0.9 million compared to $151.0 million in the first quarter last year. •Net loss was $33.9 million compared to $121.0 million in the first quarter last year. Click Read More below for additional information.