J. Crew reports strong Q3 to date

New York – J. Crew Group., Inc. is reporting several strong preliminary results to date for its third quarter of fiscal 2013. Through Oct. 5, 2013, J. Crew reports revenues increased $42.9 million, or 11.3%, to $422.3 million from $379.4 million last year.

In addition, same-store sales increased 4.3% and direct net sales grew 20.7%. For the entire quarter, which ends Nov.2, revenues are estimated to increase in the range of high-single to low-double digits from $555.8 million last year; Same-store sales are estimated to increase in the mid-single digits range, after an increase of 10.4% in the third quarter last year, and direct net sales are estimated to increase in the high-teens from $156.8 million last year. J. Crew will release full quarterly results in early December.

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