Ascena Retail Group (ASNA) Tops Q4 EPS by 5c, Q1 EPS Guidance Misses Views

September 24, 2018 4:08 PM EDT
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Ascena Retail Group (NASDAQ: ASNA) reported Q4 EPS of $0.07, $0.05 better than the analyst estimate of $0.02. Revenue for the quarter came in at $1.77 billion versus the consensus estimate of $1.62 billion.

  • 4% increase in comparable sales

GUIDANCE:

Ascena Retail Group sees Q1 2019 EPS of ($0.04)-$0.06, versus the consensus of $0.15. Ascena Retail Group sees Q1 2019 revenue of $1.54-1.56 billion, versus the consensus of $1.52 billion.

  • Comparable sales flat to up 2%;

Ascena Retail Group sees FY2019 EPS ranging from $0.00 to $0.10 vs ($0.07) expected on revenue of $6.45-6.55 billion, versus the consensus of $6.26 billion.

  • Comparable sales up low single digits;

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



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