By  on November 30, 2007

Rising above the retail fray, J. Crew Group Inc. on Thursday posted better-than-expected third-quarter results and elevated its outlook for the fourth quarter.

J. Crew extended its string of very positive results by reporting third-quarter revenues increased 21 percent to $332.7 million; same-store sales rose 5 percent on a calendar-adjusted basis, and operating income increased 44 percent to $47.7 million, versus $33.2 million in the third quarter of fiscal 2006.

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