Ascena Retail Group (ASNA) Misses Q2 EPS by 3c, Comps Decline 2%, Offers Q3 Guidance

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ascena retail group, inc. Reports Second Quarter Results and Provides Guidance for Third Quarter of Fiscal 2018; Second Quarter GAAP EPS Loss of $0.20; Non-GAAP Adjusted EPS Loss of $0.12; Comparable

March 5, 2018 4:05 PM EST

MAHWAH, N.J.--(BUSINESS WIRE)-- ascena retail group, inc. (NASDAQ - ASNA) (ascena or the Company) today reported financial results for its fiscal second quarter ended January 27, 2018. For the second quarter of Fiscal 2018, the Company reported a GAAP loss of $0.20 per diluted share compared to a GAAP loss of $0.18 per diluted share in the year-ago period. For the second quarter of Fiscal 2018, the Company reported a non-GAAP adjusted loss of $0.12 per diluted share compared to a non-GAAP adjusted loss of $0.07 per diluted share in the year-ago period.

David Jaffe, Chief Executive Officer of ascena retail group, inc.,... More