Ascena Retail Group (ASNA) Tops Q2 EPS by 3c

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Oppenheimer Remains Sidelined on Ascena Retail Group (ASNA)

March 7, 2017 10:31 AM EST

Oppenheimer reiterated a Perform rating on Ascena Retail Group (NASDAQ: ASNA).

Analyst Anna Andreeva commented, "Similar to industry, ASNA's January got worse (deceleration at 6 out of 7 brands) with need for additional discounting (gross margins down at DB, Maurice's, Justice; up at LB/ANN);... More