Ascena Retail Group, Inc. (ASNA) Tops Q2 EPS by 3c, Lowers EPS Guidnce

March 3, 2014 4:16 PM EST
Get Alerts ASNA Hot Sheet
Price: $0.61 --0%

Today's EPS Names:
OFLX, VAXX, NMRD, More
Join SI Premium – FREE
Ascena Retail Group, Inc. (NASDAQ: ASNA) reported Q2 EPS of $0.23, $0.03 better than the analyst estimate of $0.20. Revenue for the quarter came in at $1.27 billion versus the consensus estimate of $1.27 billion. Comps declined 3%..

Ascena Retail Group, Inc. sees FY2014 EPS of $1.00-$1.05, versus prior guidance of $1.1-$1.15 and the consensus of $1.15. Total comparable sales are expected to increase low single digits. The Company's effective tax rate is expected to be 36%
Investment in capital expenditures in the range of $475 to $500 million. Net new store growth in the range of 50 to 70 units.

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


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Guidance, Retail Sales

Related Entities

Earnings