Ascena Retail Group (ASNA) Misses Q2 EPS by 3c, Comps Decline 2%, Offers Q3 Guidance

Ascena Retail Group (NASDAQ: ASNA) reported Q2 EPS of ($0.12), $0.03 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $1.72 billion versus the consensus estimate of $1.65 billion.

• 2% comparable sales decline

GUIDANCE:

Ascena Retail Group sees Q3 2018 EPS of ($0.12)-($0.07), versus the consensus of $0.07. Ascena Retail Group sees Q3 2018 revenue of $1.48-1.52 billion, versus the consensus of $1.49 billion.

• Comparable sales in the range of down 3% to down 5%;

For earnings history and earnings-related data on Ascena Retail Group (ASNA) click here.

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