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Cowen Cuts Price Target on Ascena Retail Group (ASNA) to $7 Following 4Q Comp Miss
September 20, 2016 7:18 AM EDTCowen maintained a Market Perform rating on Ascena Retail Group (NASDAQ: ASNA) and cut the price target to $7.00 (from $8.00), following the company's 4Q earnings report. ASNA's 4Q miss was driven by a comps miss, as comps came in -4% vs. the Street at -2.3%.... More
Ascena Retail Group (ASNA) Misses Q4 EPS by 8c; Comps Fell 4%
September 19, 2016 4:08 PM EDTAscena 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
