Cowen Cuts Price Target on Ascena Retail Group (ASNA) to $7 Following 4Q Comp Miss
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ascena retail group, inc. Reports Fourth Quarter and Full Year Fiscal 2016 Results and Provides Full Year Fiscal 2017 Guidance
September 19, 2016 4:06 PM EDTFourth Quarter GAAP EPS of $0.07; Non-GAAP Adjusted EPS of $0.08
MAHWAH, N.J.--(BUSINESS WIRE)-- ascena retail group, inc. (NASDAQ - ASNA) (the Company) today reported financial results for its fiscal fourth quarter and full year ended July 30, 2016. Fiscal 2016 reflected a 53-week fiscal year for the Company, and as a result, the Company's fourth quarter GAAP results for Fiscal 2016 reflect a 14-week period, while non-GAAP adjusted results reflect a 13-week period comparable to the prior year 13-week period. Additionally, the Company's non-GAAP adjusted financial results for its fiscal fourth quarter ended July 30, 2016 exclude acquisition and... More
Lane Bryant Relaunches 6th & Lane Fashion Collection
September 17, 2016 6:32 AM EDTNEW YORK, Sept. 9, 2016 /PRNewswire/ -- Lane Bryant, the nation's leading women's special size apparel retailer, is thrilled to announce the re-launch of the trend-driven brand 6th & Lane under the direction of seasoned designer, Tess Giberson. The new 6th & Lane collection, will speak to the style aesthetic of the modern, and effortlessly cool woman. Set to launch online September 9th, 2016 and hit select stores September 12th, 2016.
6th & Lane was originally launched in Fall 2014 as runway-inspired collection filled with elevated fabrics and innovative designs that allowed the Lane Bryant customer to build a versatile, trendy and... More
