ascena retail group, inc. Reports First Quarter Results

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Ascena Retail Group (ASNA) Reports 1Q EPS Beat; Piper Jaffray Raises Price Target to $18

December 2, 2015 7:28 AM EST

Piper Jaffray reiterated an Overweight rating on Ascena Retail Group (NASDAQ: ASNA), and raised the price target to $18.00 (from $17.00), following the company's 1Q earnings report. EPS of $0.36 solidly bested expectations of $0.28 and management reiterated their guidance for the full year calling for EPS in the range of $0.75-$0.80. Management indicated on the conference... More

Ascena Retail Group (ASNA) Pleased with Justice Comps; Cowen Reiterates Market Perform

December 2, 2015 6:48 AM EST

Cowen reiterated a Market Perform rating and $14.00 price target on Ascena Retail Group (NASDAQ: ASNA) following the company's 1Q earnings report. Management was most pleased with Justice during the period as comps grew +20% y/y despite reduced promotional activity y/y, while ANN... More

Ascena Retail Group (ASNA) Tops Q1 EPS by 7c, Maintains FY16 EPS Guidance

December 1, 2015 4:19 PM EST

(Updated with guidance)

Ascena Retail Group (NASDAQ: ASNA) reported Q1 EPS of $0.36, $0.07 better than the analyst estimate of $0.29. Revenue for the quarter came in at $1.67 billion versus the consensus estimate of $1.78 billion. First quarter comparable sales were down 3%.

Fiscal 2016 Guidance

As a result... More