Ascena Retail Group (ASNA) Reports In-Line Q1 EPS

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Go back to Ascena Retail Group (ASNA) Reports In-Line Q1 EPS

ascena retail group, inc. Reports First Quarter Results and Provides Guidance for Second Quarter of Fiscal 2018; First Quarter GAAP EPS of $0.03; Non-GAAP Adjusted EPS of $0.11; Comparable Sales Down

December 4, 2017 4:07 PM EST

MAHWAH, N.J.--(BUSINESS WIRE)-- ascena retail group, inc. (NASDAQ - ASNA) (ascena or the Company) today reported financial results for its fiscal first quarter ended October 28, 2017. For the first quarter of Fiscal 2018, the Company reported GAAP earnings of $0.03 per diluted share compared to GAAP earnings of $0.07 per diluted share in the year-ago period. The decrease was primarily driven by the comparable sales decline of 5%. For the first quarter of Fiscal 2018, the Company reported non-GAAP adjusted earnings of $0.11 per diluted share compared to non-GAAP adjusted earnings of $0.18 per diluted share in the year-ago period.

David Jaffe, Chief... More