By  on March 12, 2008

Top-line and margin growth, along with product innovation, led J. Crew Group to a fourth-quarter performance that transcends the economic malaise pulling down most retailers.

J. Crew said profit fell to $25 million, or 39 cents a share in the quarter ended Feb. 2, from $44 million, or 71 cents a share, in the year-ago period. However, the year before had an extra week and a nonrecurring tax benefit of $10.9 million, and in the 2007 quarter, there was a severance charge of 2 cents a share.

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