J. Crew Reports Net Income of $14 Million

J.Crew Group Inc. reported net income $14 million for the second quarter, an improvement over a net loss of $2 million last year.

The cataloger and retailer reported consolidated revenue of $229 million for the quarter ended July 30, up 22% from $188 million last year.

The New York company reported direct sales of $58 million for the quarter, up 35% from $43 million last year.