Ascena Retail Group (ASNA) Reports Q1 EPS of $0.18

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Go back to Ascena Retail Group (ASNA) Reports Q1 EPS of $0.18

ascena retail group, inc. Announces First Quarter Fiscal 2020 Results; Reports Income per Share From Continuing Operations of $0.16; Adjusted Income per Share From Continuing Operations of $0.18

December 9, 2019 4:05 PM EST

MAHWAH, N.J., Dec. 09, 2019 (GLOBE NEWSWIRE) -- ascena retail group, inc. (Nasdaq - ASNA) (ascena or the Company) today reported financial results for its fiscal first quarter ended November 2, 2019.

First Quarter Highlights:

Comparable sales were flat; excluding Dressbarn, comparable sales were (2)%Operating income was $40 million, which primarily reflects the benefit of cost reductions, offset in part by lower gross margin; adjusted operating income, excluding the restructuring costs as detailed in Note 2, was $45 million;Dressbarn wind down on track and store closures are expected to be completed in December... More