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J. Crew Group, Inc.
Business Summary
J. Crew Group, Inc. is a privately-held company that specializes in men's, women's, and children's clothing, including sweaters, pants, shirts, dresses, and shoes. It conducts business through its website, catalogs, and retail stores, under the brand names J. Crew, Factory, crewcuts, and Madewell. In 2011, the company was purchased in a management-led buyout by private equity firms, TPG Capital and Leonard Green & Partners. J. Crew was founded in 1983 and has headquarters in New York, NY.
Overview & Corporate Organization
Basic Information
| Company Tags: | PE Backed |
| Year Founded: | 1983 |
| Fiscal Year End: | 01/31 |
| 1YR Revenue Growth Rate: | View % |
| 3YR Revenue Growth Rate (CAGR): | View % |
| 1YR Employee Growth Rate: | View % |
| City: | New York |
| State/Province: | New York |
| Country: | United States |
| Phone: | View |
| Website: | www.jcrew.com |
Corporate Organization
| Subsidiaries: | J.Crew Operating Corp. |
| Brands: | crewcuts J. Crew J. Crew Factory Madewell The Liquor Store The Ludlow The Ludlow Shop |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Charts, Financials, and Statistics (Table Format)
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| Income Statement | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 |
| Net Sales Revenue | View | View | View | View | View | View | $778,165,000 | $660,628,000 | $732,279,000 | $741,280,000 | $787,658,000 | $714,119,000 | $816,221,000 | $822,840,000 |
| Other Operating Revenue | View | View | View | View | View | View | $26,051,000 | $29,337,000 | $36,065,000 | $36,660,000 | $38,317,000 | $36,577,000 | $54,621,000 | $11,191,000 |
| Revenues | View | View | View | View | View | View | $804,216,000 | $689,965,000 | $768,344,000 | $777,940,000 | $825,975,000 | $750,696,000 | $870,842,000 | $834,031,000 |
| Cost of Goods Sold | View | View | View | View | View | View | $478,829,000 | $440,276,000 | $472,262,000 | $454,491,000 | $463,909,000 | $431,193,000 | $511,716,000 | $465,168,000 |
| Gross Profit | View | View | View | View | View | View | $325,387,000 | $249,689,000 | $296,082,000 | |||||
| Labor and Related Expenses | $7,995,000 | $0 | ||||||||||||
| Other Selling, General and Administrative Expenses | $332,050,000 | $359,811,000 | ||||||||||||
| Selling, General and Administrative Expenses | View | View | View | View | View | View | $287,745,000 | $280,464,000 | $301,718,000 | $303,448,000 | $301,865,000 | $279,302,000 | ||
| Write Off Intangible Assets | $7,018,000 | $0 | $0 | |||||||||||
| Write Off Asset | $4,130,000 | $4,000,000 | $13,300,000 | $0 | ||||||||||
| Restructuring Charges | $20,707,000 | |||||||||||||
| Cost and Operating Expenses | $757,939,000 | $769,904,000 | $721,513,000 | $865,061,000 | $824,979,000 | |||||||||
| Operating Income/(Loss) | View | View | View | View | View | View | $37,642,000 | ($30,775,000) | ($5,636,000) | $20,001,000 | $56,071,000 | $29,183,000 | $5,781,000 | $9,052,000 |
| Interest Expense | View | View | $40,954,000 | $36,512,000 | $36,642,000 | $38,861,000 | $39,323,000 | $20,494,000 | ||||||
| Net Interest Income/(Expense) | View | View | View | View | ($87,571,000) | ($63,844,000) | ||||||||
| Gain/(Loss) on Sale of Business | $1,000,000 | $10,000,000 | $0 | |||||||||||
| Other Non-operating Gains/(Losses) | View | View | ($49,780,000) | |||||||||||
| Non-operating Income - Other | $3,850,000 | $1,800,000 | ||||||||||||
| Non-operating Expense - Other | $0 | |||||||||||||
| Income/(Loss) from Continuing Operations Before Income Taxes | View | View | View | View | View | View | ($99,709,000) | ($49,684,000) | ($44,790,000) | ($16,511,000) | $19,429,000 | ($8,678,000) | ($23,542,000) | |
| Income Loss Continuing Operations Before Income Taxes Extraordinary Items | ($32,149,000) | |||||||||||||
| Provision for Income Taxes | View | View | View | View | View | View | $600,000 | $500,000 | ($4,200,000) | ($5,500,000) | $7,500,000 | ($2,050,000) | ($8,162,000) | ($5,262,000) |
| Total Income Before Extraordinary Items | ($26,887,000) | |||||||||||||
| Extinguishment of Debt | ($4,500,000) | |||||||||||||
| Extraordinary Gain/(Loss) - Other | $41,085,000 | $0 | $0 | |||||||||||
| Net Income (Loss) | View | View | View | View | View | View | ($100,309,000) | ($50,184,000) | ($40,590,000) | ($11,011,000) | $11,929,000 | ($6,628,000) | ($15,380,000) | ($31,387,000) |
| Preferred Stock Dividends | View | View | $13,456,000 | |||||||||||
| Net Income Applicable to Common Stockholders | View | View | ($113,765,000) |
| Balance Sheet | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 |
| Cash and Cash Equivalents | View | View | View | View | View | View | $23,647,000 | $49,650,000 | $18,895,000 | $16,201,000 | $32,930,000 | $38,693,000 | $9,643,000 |
| Net Income Taxes Receivable | View | View | View | $9,320,000 | $9,320,000 | $6,278,000 | $0 | ||||||
| Inventories - Finished Goods | View | View | View | View | View | View | $88,093,000 | $66,028,000 | $107,318,000 | $138,918,000 | $140,667,000 | $129,928,000 | $156,022,000 |
| Current Deferred Income Taxes | View | View | View | ||||||||||
| Prepaid Income Taxes | View | View | |||||||||||
| Other Prepaid Expenses | View | View | |||||||||||
| Prepaid Expenses | View | View | View | View | $22,217,000 | $20,733,000 | $24,886,000 | $27,026,000 | $23,740,000 | $30,083,000 | $46,729,000 | ||
| Current Assets Held-for-Sale | $8,927,000 | $17,377,000 | |||||||||||
| Current Assets | View | View | View | View | View | View | $143,277,000 | $145,731,000 | $157,377,000 | $182,145,000 | $197,337,000 | $207,631,000 | $229,771,000 |
| Land | $1,710,000 | $1,610,000 | $1,460,000 | $1,460,000 | $1,460,000 | ||||||||
| Total Building and Building Improvements | $11,705,000 | $11,700,000 | $11,432,000 | $11,363,000 | $11,167,000 | ||||||||
| Furniture and Fixtures | $102,108,000 | $105,292,000 | $70,541,000 | $60,355,000 | $53,344,000 | ||||||||
| Construction in Progress | $3,161,000 | $4,903,000 | $22,983,000 | $12,851,000 | $3,932,000 | ||||||||
| Leasehold Improvements | $182,226,000 | $170,195,000 | $144,906,000 | $130,054,000 | $114,424,000 | ||||||||
| Property, Plant and Equipment, Gross | View | View | View | View | View | View | $259,098,000 | $284,945,000 | $300,910,000 | $293,700,000 | $251,322,000 | $216,083,000 | $184,327,000 |
| Accumulated Depreciation PPE | View | ||||||||||||
| Accumulated Depreciation and Amortization | View | View | View | View | View | $138,285,000 | $146,565,000 | $129,363,000 | $106,427,000 | $85,746,000 | $77,683,000 | $64,577,000 | |
| Net Property, Plant and Equipment | View | View | View | View | View | View | $120,813,000 | $138,380,000 | $171,547,000 | $187,273,000 | $165,576,000 | $138,400,000 | $119,750,000 |
| Goodwill | View | ||||||||||||
| Intangible Assets (Excluding Goodwill) | View | ||||||||||||
| Noncurrent Deferred Tax Assets | View | View | View | View | View | View | $5,000,000 | $18,071,000 | $14,362,000 | $14,830,000 | $11,624,000 | ||
| Deferred Financing Costs | View | ||||||||||||
| Noncurrent Other Assets | View | View | View | View | View | View | $14,104,000 | $13,500,000 | $14,954,000 | $13,831,000 | $12,586,000 | $12,743,000 | $15,185,000 |
| Assets | View | View | View | View | View | View | $278,194,000 | $297,611,000 | $348,878,000 | $401,320,000 | $389,861,000 | $373,604,000 | $376,330,000 |
| Accounts Payable | View | View | View | View | View | View | $68,569,000 | $49,386,000 | $54,921,000 | $66,703,000 | $49,705,000 | $40,951,000 | $40,130,000 |
| Interest Payable | View | ||||||||||||
| Current Deferred Income Tax Liabilities | View | View | View | View | View | $5,650,000 | $5,401,000 | $5,842,000 | $9,476,000 | ||||
| Income Taxes Payable | View | View | View | View | $1,392,000 | $1,175,000 | $2,978,000 | $8,840,000 | $17,581,000 | $14,687,000 | $11,280,000 | ||
| Current Portion of Long-Term Debt | View | View | View | $1,164,000 | $0 | ||||||||
| Notes Payable Bank Current | $14,000,000 | ||||||||||||
| Current Other Liabilities | View | View | View | View | View | View | $61,148,000 | $47,789,000 | $61,463,000 | $61,788,000 | $75,168,000 | $70,222,000 | $59,175,000 |
| Current Liabilities | View | View | View | View | View | View | $131,109,000 | $99,514,000 | $119,362,000 | $142,981,000 | $147,855,000 | $131,702,000 | $134,061,000 |
| Long-Term Debt | View | View | View | View | View | View | $576,933,000 | $516,640,000 | $292,000,000 | $279,687,000 | $264,292,000 | $284,684,000 | $282,695,000 |
| Deferred Tax Liability | View | ||||||||||||
| Deferred/(Unearned) Revenue - Long-Term | View | ||||||||||||
| Other Deferred Long Term Liability Charges | View | View | View | View | View | $59,064,000 | $56,723,000 | $67,235,000 | $56,043,000 | $48,277,000 | $44,799,000 | ||
| Deferred Long-Term Liability Charges | $65,141,000 | ||||||||||||
| Noncurrent Other Liabilities | View | View | View | View | View | ||||||||
| Liabilities | View | View | View | ||||||||||
| Preferred Stock Obligations | View | $92,800,000 | $92,800,000 | $264,038,000 | |||||||||
| Redeemable Preferred Stock Obligations | $230,460,000 | $200,018,000 | $173,534,000 | $150,548,000 | |||||||||
| Common Stock - Value (Excluding Additional Paid in Capital) | View | View | View | View | View | View | $137,000 | ||||||
| Additional Paid in Capital | View | View | View | View | View | View | |||||||
| Retained Earnings | View | View | View | View | View | View | ($579,183,000) | ||||||
| Treasury Stock - Value | View | View | View | View | View | View | $2,413,000 | ||||||
| Other Accumulated Comprehensive Income, Net of Tax Effect | View | ||||||||||||
| Deferred Compensation | View | $253,000 | |||||||||||
| Stockholders' Equity | View | View | View | View | View | View | ($581,712,000) | ($468,066,000) | ($391,663,000) | ($319,043,000) | ($278,347,000) | ($264,593,000) | ($235,773,000) |
| Liabilities and Stockholders' Equity | View | View | View | View | View | View | $278,194,000 | $297,611,000 | $348,878,000 | $401,320,000 | $389,861,000 | $373,604,000 | $376,330,000 |
| Cash Flow Statement | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 |
| Operating Activities Beginning Net Income | View | View | View | View | View | View | ($100,309,000) | ($50,184,000) | ($40,590,000) | ($11,011,000) | $11,929,000 | ($6,628,000) | ($15,380,000) | ($31,387,000) |
| Depreciation (Non-Production) | View | View | ||||||||||||
| Adjustment Amortization - Intangibles (Non-Productive) | View | View | ||||||||||||
| Amortization | View | View | View | View | View | View | $2,425,000 | $2,179,000 | $4,435,000 | $1,997,000 | $2,793,000 | $2,196,000 | $2,119,000 | $958,000 |
| Depreciation and Amortization | View | View | View | View | $37,061,000 | $43,075,000 | $43,197,000 | $39,963,000 | $22,600,000 | $19,241,000 | $15,972,000 | $15,255,000 | ||
| Total Adjustments to Provision for Doubtful Accounts | $5,627,000 | $7,343,000 | ||||||||||||
| Adjustments to Gain/(Loss) on Sale of Business | $1,000,000 | $10,000,000 | $0 | |||||||||||
| Tax Benefit from Exercise of Stock Options | View | View | View | View | View | View | $0 | |||||||
| Adjustment for Equity Based Compensation Expense | View | View | View | View | View | View | $119,000 | |||||||
| Total Adjustment Employee Compensation | $41,000 | ($589,000) | $1,574,000 | $649,000 | $636,000 | $881,000 | $150,000 | |||||||
| Adjustment Write Off of Intangible Asset Excluding Goodwill | $7,018,000 | $0 | $0 | |||||||||||
| Deferred Income Taxes | View | View | View | View | View | View | $0 | $5,000,000 | $7,421,000 | ($3,460,000) | $27,000 | ($6,840,000) | ($10,129,000) | ($5,010,000) |
| Income/(Loss) from Discontinued Operations, Net of Tax Effect | ($4,130,000) | ($4,000,000) | ($15,000,000) | $0 | ||||||||||
| Adjustment Extraordinary Items | $41,085,000 | $0 | $0 | ($7,627,000) | ||||||||||
| Other Adjustments to Common Stockholders' Net Income - Increase/(Decrease) | View | View | $49,780,000 | |||||||||||
| Noncash Expenses - Other | View | View | View | View | $63,536,000 | $40,991,000 | $12,313,000 | $15,395,000 | $13,608,000 | $11,989,000 | $10,534,000 | $2,904,000 | ||
| Change Accounts Receivable | $8,242,000 | ($33,902,000) | ||||||||||||
| Increase/(Decrease) in Inventories | View | View | View | View | View | View | $22,065,000 | ($41,290,000) | ($31,600,000) | ($1,749,000) | $10,739,000 | ($26,094,000) | $15,608,000 | $5,106,000 |
| Change Prepaid Expenses Other Current Assets | View | View | View | View | View | View | $1,484,000 | ($4,153,000) | ($2,140,000) | $3,286,000 | ($6,343,000) | ($16,646,000) | $536,000 | $4,081,000 |
| Increase/(Decrease) in Other Non-operating Assets | View | View | View | View | View | View | ($664,000) | ($832,000) | $2,470,000 | $3,416,000 | ($2,009,000) | ($3,673,000) | $2,559,000 | $587,000 |
| Increase/(Decrease) in Accounts Payable | View | View | View | $28,819,000 | ($23,211,000) | ($13,531,000) | $16,998,000 | $8,754,000 | $821,000 | $7,415,000 | ($37,726,000) | |||
| Increase/(Decrease) in Accounts Payable and Accrued Expenses | View | View | View | |||||||||||
| Increase/(Decrease) in Income Taxes Payable | View | View | View | View | View | View | $217,000 | ($4,845,000) | ($12,140,000) | ($8,741,000) | $2,894,000 | $3,407,000 | $11,029,000 | ($9,268,000) |
| Increase/(Decrease) in Other Non-operating Liabilities | ($22,012,000) | $5,263,000 | $12,892,000 | $1,931,000 | $17,577,000 | |||||||||
| Net Cash Flows Provided By/(Used In) Operating Activities | View | View | View | View | View | View | $58,763,000 | $18,236,000 | $31,786,000 | $25,750,000 | $70,260,000 | $94,145,000 | $8,054,000 | ($7,449,000) |
| Purchase of Property, Plant and Equipment | View | View | View | View | View | View | $13,431,000 | $9,908,000 | $26,920,000 | $61,862,000 | $55,694,000 | $48,684,000 | $41,177,000 | $43,134,000 |
| Acquisition of Businesses, Net of Cash Acquired | View | View | ||||||||||||
| Proceeds from Divestiture of Business | $37,157,000 | $0 | ||||||||||||
| Net Other Investing Activities | ($19,287,000) | ($13,519,000) | ($7,431,000) | ($4,823,000) | ($11,767,000) | |||||||||
| Net Cash Flows Provided By/(Used In) Investing Activities | View | View | ($42,575,000) | ($42,175,000) | ($41,253,000) | $803,000 | ($31,367,000) | |||||||
| Repayments Bank Debt | $14,000,000 | |||||||||||||
| Net Change Bank Debt | $14,000,000 | $0 | ||||||||||||
| Proceeds Debt | View | View | $275,000,000 | |||||||||||
| Net Proceeds from Issuance of Long-Term Debt and Capital Securities | View | View | $25,820,000 | $0 | $0 | $295,257,000 | ||||||||
| Repayments from Senior Debt | $0 | |||||||||||||
| Repayments Debt | View | View | ||||||||||||
| Other Repayments of Long Term Debt | $324,198,000 | |||||||||||||
| Repayments of Long-Term Debt and Capital Securities | View | View | View | View | $776,000 | $0 | $0 | $34,000,000 | $10,000,000 | $26,000,000 | $92,863,000 | |||
| Excess Tax Benefit Stock Option Exercised | View | View | View | View | View | View | $0 | |||||||
| Debt Issuance Costs | View | View | $22,137,000 | $16,429,000 | ||||||||||
| Debt Restructuring Costs | View | View | View | |||||||||||
| Financing Costs | $2,617,000 | $3,256,000 | $0 | $0 | ||||||||||
| Proceeds from Issuance of Common Stock | View | View | $0 | $1,084,000 | $96,000 | $178,000 | $158,000 | $320,000 | $63,891,000 | |||||
| Proceeds from Issuance of Preferred Stock | View | View | $0 | |||||||||||
| Proceeds Issuance Redeemable Preferred Stock | $300,000 | $125,000,000 | ||||||||||||
| Proceeds from Stock Options Exercised | $0 | $0 | ||||||||||||
| Net Proceeds from Stock Plans | View | View | View | View | View | View | ||||||||
| Increase/(Decrease) in Other Equity | View | View | ||||||||||||
| Repurchase of Common Stock | View | View | View | View | View | View | $26,000 | $0 | $0 | $316,688,000 | ||||
| Cash Provided by/(Used in) Financing Activities - Other | ($14,318,000) | |||||||||||||
| Net Cash Flows Provided By/(Used In) Financing Activities | View | View | View | View | View | View | ($71,335,000) | $22,427,000 | ($2,172,000) | $96,000 | ($33,848,000) | ($23,842,000) | ($11,380,000) | $43,850,000 |
| Increase/(Decrease) in Cash and Cash Equivalents | View | View | View | View | View | View | ($26,003,000) | $30,755,000 | $2,694,000 | ($16,729,000) | ($5,763,000) | $29,050,000 | ($2,523,000) | $5,034,000 |
| Cash and cash equivalents at the beginning of the year | View | View | View | View | View | View | $49,650,000 | $18,895,000 | $16,201,000 | $32,930,000 | $38,693,000 | $9,643,000 | $12,166,000 | $7,132,000 |
| Total Cash and cash equivalents at the end of the year | View | View | View | View | View | View | $23,647,000 | $49,650,000 | $18,895,000 | $16,201,000 | $32,930,000 | $38,693,000 | $9,643,000 | $12,166,000 |
| Income Taxes Paid | View | View | View | View | View | View | $411,000 | $345,000 | $453,000 | $6,442,000 | $4,279,000 | ($7,570,000) | ($515,000) | $5,180,000 |
| Cash Interest Expense | View | View | View | View | View | View | $23,270,000 | $24,816,000 | $19,380,000 | $19,389,000 | $20,513,000 | $24,792,000 | $27,763,000 | $12,655,000 |
| Conversion of Debt Securities | View | View | $0 | |||||||||||
| Dividends Declared but Not Paid | $26,260,000 | |||||||||||||
| Stock Issued | View | View | ||||||||||||
| Supplemental Other Net | View | View | $13,456,000 | $0 | $33,578,000 | $30,442,000 | $26,484,000 | $22,986,000 | $19,952,000 | $5,296,000 |
| Financial Notes: | |
| * | J. Crew Group, Inc. fiscal year end: 01/31 |
Charts, Financials, and Statistics (Graphs)
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J. Crew Group, Inc. Net Sales Revenue ($ MM): |
J. Crew Group, Inc. Other Operating Revenue ($ MM): |
J. Crew Group, Inc. Revenues ($ MM): |
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J. Crew Group, Inc. Selling, General and Administrative Expenses ($ MM): |
J. Crew Group, Inc. Operating Income/(Loss) ($ MM): |
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J. Crew Group, Inc. Net Interest Income/(Expense) ($ MM): |
J. Crew Group, Inc. Other Non-operating Gains/(Losses) ($ MM): |
J. Crew Group, Inc. Income/(Loss) from Continuing Operations Before Income Taxes ($ MM): |
J. Crew Group, Inc. Provision for Income Taxes ($ MM): |
J. Crew Group, Inc. Net Income (Loss) ($ MM): |
J. Crew Group, Inc. Preferred Stock Dividends ($ MM): |
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J. Crew Group, Inc. Cash and Cash Equivalents ($ MM): |
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J. Crew Group, Inc. Property, Plant and Equipment, Gross ($ MM): |
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J. Crew Group, Inc. Net Property, Plant and Equipment ($ MM): |
J. Crew Group, Inc. Noncurrent Deferred Tax Assets ($ MM): |
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J. Crew Group, Inc. Current Deferred Income Tax Liabilities ($ MM): |
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J. Crew Group, Inc. Long-Term Debt ($ MM): |
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J. Crew Group, Inc. Noncurrent Other Liabilities ($ MM): |
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J. Crew Group, Inc. Preferred Stock Obligations ($ MM): |
J. Crew Group, Inc. Common Stock - Value (Excluding Additional Paid in Capital) ($): |
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J. Crew Group, Inc. Liabilities and Stockholders' Equity ($ MM): |
J. Crew Group, Inc. Operating Activities Beginning Net Income ($ MM): |
J. Crew Group, Inc. Depreciation (Non-Production) ($ MM): |
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J. Crew Group, Inc. Depreciation and Amortization ($ MM): |
J. Crew Group, Inc. Tax Benefit from Exercise of Stock Options ($ MM): |
J. Crew Group, Inc. Adjustment for Equity Based Compensation Expense ($ MM): |
J. Crew Group, Inc. Deferred Income Taxes ($ MM): |
J. Crew Group, Inc. Other Adjustments to Common Stockholders' Net Income - Increase/(Decrease) ($ MM): |
J. Crew Group, Inc. Noncash Expenses - Other ($ MM): |
J. Crew Group, Inc. Increase/(Decrease) in Inventories ($ MM): |
J. Crew Group, Inc. Change Prepaid Expenses Other Current Assets ($ MM): |
J. Crew Group, Inc. Increase/(Decrease) in Other Non-operating Assets ($ MM): |
J. Crew Group, Inc. Increase/(Decrease) in Accounts Payable ($ MM): |
J. Crew Group, Inc. Increase/(Decrease) in Accounts Payable and Accrued Expenses ($ MM): |
J. Crew Group, Inc. Increase/(Decrease) in Income Taxes Payable ($ MM): |
J. Crew Group, Inc. Net Cash Flows Provided By/(Used In) Operating Activities ($ MM): |
J. Crew Group, Inc. Purchase of Property, Plant and Equipment ($ MM): |
J. Crew Group, Inc. Net Cash Flows Provided By/(Used In) Investing Activities ($ MM): |
J. Crew Group, Inc. Proceeds Debt ($ MM): |
J. Crew Group, Inc. Net Proceeds from Issuance of Long-Term Debt and Capital Securities ($ MM): |
J. Crew Group, Inc. Repayments Debt ($ MM): |
J. Crew Group, Inc. Repayments of Long-Term Debt and Capital Securities ($ MM): |
J. Crew Group, Inc. Excess Tax Benefit Stock Option Exercised ($ MM): |
J. Crew Group, Inc. Debt Issuance Costs ($ MM): |
J. Crew Group, Inc. Debt Restructuring Costs ($ MM): |
J. Crew Group, Inc. Proceeds from Issuance of Common Stock ($ MM): |
J. Crew Group, Inc. Proceeds from Issuance of Preferred Stock ($ MM): |
J. Crew Group, Inc. Net Proceeds from Stock Plans ($ MM): |
J. Crew Group, Inc. Repurchase of Common Stock ($ MM): |
J. Crew Group, Inc. Net Cash Flows Provided By/(Used In) Financing Activities ($ MM): |
J. Crew Group, Inc. Increase/(Decrease) in Cash and Cash Equivalents ($ MM): |
J. Crew Group, Inc. Cash and cash equivalents at the beginning of the year ($ MM): |
J. Crew Group, Inc. Total Cash and cash equivalents at the end of the year ($ MM): |
J. Crew Group, Inc. Income Taxes Paid ($ MM): |
J. Crew Group, Inc. Cash Interest Expense ($ MM): |
J. Crew Group, Inc. Conversion of Debt Securities ($ MM): |
J. Crew Group, Inc. Supplemental Other Net ($ MM): |
J. Crew Group, Inc. Total Employees: |
J. Crew Group, Inc. Productivity (Revenue/Employee) ($): |
J. Crew Group, Inc. Online Revenues ($ MM): |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Mar. 2011 | Completed | View1 | View | Leveraged Buyout (LBO) | View |
| 1 | The deal will be priced...Read More → |
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Detailed Business Description: J. Crew Group, Inc.
J. Crew Group, Inc. is a privately-held apparel and accessories retailer that differentiates itself through high standards of quality, style, and fit. The private company designs, markets, and sells its products under the J. Crew, crewcuts, and Madewell brands. J. Crew went public in 2006, but was acquired in 2011 by the private equity firms TPG Capital and Leonard Green & Partners.
J. Crew Revenue and Business Model
J. Crew is an integrated multi-channel, multi-brand specialty retailer that conducts business through two primary sales channels: stores, which consists of its retail, factory, and Madewell stores; and direct, which includes websites and catalogs. As of January 2011, the company operates around 248 retail stores (including 9 crewcuts and 20 Madewell stores), 85 factory stores (including two crewcuts factory stores), and 3 clearance stores throughout the United States.
J. Crew projects its brand image through consistent creative messaging in its store environments,… Continue Reading →
Supplemental Resources
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