J. Jill Reports $2.4 Million Loss from Sept. 11 Attacks

The J. Jill Group Inc. reported net income of $2.8 million for the quarter ended Sept. 29, a decline from $3.5 million during the same period last year.

Net sales for the quarter increased by 13.8% to $65.8 million from $57.9 million reported in 2000.

For the nine months ended Sept. 29, the Quincy, MA-based cataloger and retailer reported net income of $6.1 million, flat compared to last year’s first-nine-months figure.

Net sales for the period were $195.3 million, an increase over $157.9 million for the first nine months of 2000.

Separately, J. Jill estimated that the events of Sept. 11 resulted in lost sales of $2.4 million and lost operating income of $1.2 million.