Ascena Retail Group (ASNA) Tops Q3 EPS by 1c, Comps Decline 3%, Offers Q4 Guidance

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Go back to Ascena Retail Group (ASNA) Tops Q3 EPS by 1c, Comps Decline 3%, Offers Q4 Guidance

ascena retail group, inc. Reports Third Quarter Results and Provides Guidance for Fourth Quarter of Fiscal 2018; Third Quarter GAAP EPS Loss of $0.20; Non-GAAP Adjusted EPS Loss of $0.08; Comparable S

June 4, 2018 4:05 PM EDT

MAHWAH, N.J.--(BUSINESS WIRE)-- ascena retail group, inc. (NASDAQ - ASNA) (ascena or the Company) today reported financial results for its fiscal third quarter ended April 28, 2018. For the third quarter of Fiscal 2018, the Company reported a GAAP loss of $0.20 per diluted share compared to a GAAP loss of $5.29 per diluted share in the year-ago period, which included a significant non-cash impairment charge to write-down a portion of the Company's goodwill and other intangible assets. For the third quarter of Fiscal 2018, the Company reported a non-GAAP adjusted loss of $0.08 per diluted share compared to non-GAAP adjusted income of $0.05... More