The Talbots Inc. reported net income of $27.4 million for the first quarter, down from $34.5 million last year.
The cataloger and retailer reported net sales of $453 million for the quarter ended April 29, up 1% from $446.5 million last year.
The Hingham, MA company reported direct marketing sales of $68.1 million, flat with last year. These results do not include the acquisition of the J. Jill Group, which was completed on May 3.
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