Ascena (ASNA) December Comps Up 14%; Raises FY12 EPS Outlook
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Ascena Retail Group, Inc. (Nasdaq: ASNA) reports total same-store sales rose 14 percent for December 2011.
As a result of better-than-expected holiday season sales and margin performance, the Company is raising its adjusted earnings per share guidance for Fiscal 2012 to a range of $2.60 to $2.70 per diluted share, compared to its previous guidance of $2.55 to $2.65. The Street sees EPS of $2.58.
As a result of better-than-expected holiday season sales and margin performance, the Company is raising its adjusted earnings per share guidance for Fiscal 2012 to a range of $2.60 to $2.70 per diluted share, compared to its previous guidance of $2.55 to $2.65. The Street sees EPS of $2.58.
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