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Ascena Retail Group Inc (ASNA.OQ)

ASNA.OQ on NASDAQ Stock Exchange Global Select Market

3.19USD
18 May 2018
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Latest Key Developments (Source: Significant Developments)

Ascena Retail Group Announces Holiday Sales Results
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Ascena Retail Group Inc ::ASCENA RETAIL GROUP, INC. ANNOUNCES HOLIDAY SALES RESULTS AND REAFFIRMS FISCAL 2018 SECOND QUARTER EARNINGS PER SHARE GUIDANCE.- ‍ TOTAL ASCENA COMPARABLE SALES FOR HOLIDAY PERIOD DOWN 3%​.ASCENA RETAIL GROUP - ‍REAFFIRMING Q2 EARNINGS GUIDE OF A 7 TO 12 CENT LOSS PER SHARE, EXCLUDING POTENTIAL IMPACT FROM RECENTLY ENACTED TAX REFORM​.ASCENA RETAIL GROUP, INC. ANNOUNCES HOLIDAY SALES RESULTS AND REAFFIRMS FISCAL 2018 SECOND QUARTER EARNINGS PER SHARE GUIDANCE.Q2 EARNINGS PER SHARE VIEW $-0.10 -- THOMSON REUTERS I/B/E/S.  Full Article

Ascena Retail Group Says Q1 Same Store Sales Fell 5 Pct
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Ascena Retail Group Inc ::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 5 PCT.REPORTS Q1 GAAP EARNINGS PER SHARE $0.03.Q1 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.11.Q1 GAAP EARNINGS PER SHARE $0.03.Q1 SALES $1.59 BILLION VERSUS $1.678 BILLION.Q1 SAME STORE SALES FELL 5 PERCENT.SEES Q2 2018 NON-GAAP LOSS PER SHARE $0.07 TO $0.12.SEES Q2 2018 SALES $1.62 BILLION TO $1.66 BILLION.Q1 ADJUSTED EARNINGS PER SHARE OF 11 CENTS WAS IN MIDDLE OF GUIDANCE RANGE, BUT REPRESENTED A "DISAPPOINTING" QUARTER.ASCENA RETAIL SAYS THREE HURRICANES WHICH IMPACTED SOUTHERN UNITED STATES, PUERTO RICO DURING Q1 NEGATIVELY IMPACTED SALES BY ABOUT $11 MILLION.UNABLE TO CAPITALIZE ON IMPROVING MACRO TRAFFIC ENVIRONMENT DUE TO FASHION MISSTEPS.ENDED Q1 OF FISCAL 2018 WITH INVENTORY OF $744 MILLION, DOWN 8 PERCENT FROM THE END OF YEAR-AGO PERIOD.SEES Q2 2018 COMPARABLE SALES IN RANGE OF DOWN 4 PCT TO DOWN 6 PCT.Q2 EARNINGS PER SHARE VIEW $-0.07, REVENUE VIEW $1.67 BILLION -- THOMSON REUTERS I/B/E/S.Q1 EARNINGS PER SHARE VIEW $0.11, REVENUE VIEW $1.59 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Ascena Retail says restructured its business into 4 operating segments
Tuesday, 4 Oct 2016 

Ascena Retail Group Inc : Ascena retail group inc says begins execution phase of its major enterprise transformation plan . Reschedules investor day to january 18, 2017 . Ascena retail group inc says announced creation of its new ascena brand services (abs) team . Restructuring will result in a pre-tax charge of approximately $10 to $12 million in q1 . Additional charges are expected in future related to ongoing transformation work . Gary muto, president and ceo of company's ann brands, will retain responsibility for ann taylor, loft, and lou & grey brands . Expects to recover majority of restructuring charge in form of reduced operational expenses over course of fiscal 2017 . Expects additional $100 - $150 million in cost savings by fiscal 2019 . Expects its new change for growth program will deliver an incremental $100 - $150 million of cost savings by fiscal 2019 . Restructuring has been accompanied by a number of executive departures to eliminate organizational overlap . Says restructured its business into four operating segments . Brian lynch, most recently president and ceo of justice brand, will assume direct responsibility for ascena brand services in his role as coo . Ahead of plan with synergy,cost savings workstreams that will deliver $235 million of cost savings associated with integration of ann inc.  Full Article

BRIEF-Ascena Retail Group Reports Q2 GAAP Loss Per Share $0.20

* 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 SALES DOWN 2%