ascena retail group, inc. Reports First Quarter Results

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Cowen Reiterates Market Perform on Ascena Retail Group (ASNA)

December 2, 2016 7:40 AM EST

Cowen reiterated a Market Perform rating and $7.00 price target on Ascena Retail Group (NASDAQ: ASNA). Cowen believes that the company is a long-term consolidator of brands which can generate profitable growth once achieving positive comp store sales. Looking ahead, Cowen expects... More

Ascena Retail Group (ASNA) Misses Q1 EPS by 2c, Comps Fall 5%

December 1, 2016 4:11 PM EST

Ascena Retail Group (NASDAQ: ASNA) reported Q1 EPS of $0.18, $0.02 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $1.68 billion versus the consensus estimate of $1.72 billion.

Comparable Sales Down 5%

GUIDANCE:

Ascena Retail Group reaffirmed FY17... More