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RBC Capital Downgrades Ascena Retail Group (ASNA) to Sector Perform

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Ascena Retail Group (ASNA) Misses Q4 EPS by 8c; Comps Fell 4%

September 19, 2016 4:08 PM EDT

Ascena Retail Group (NASDAQ: ASNA) reported Q4 EPS of $0.08, $0.08 worse than the analyst estimate of $0.16. Revenue for the quarter came in at $1.81 billion versus the consensus estimate of $1.77 billion.

The Companys comparable sales data for the fiscal fourth quarter is summarized... More