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Ascena Retail Group Inc (ASNA.OQ)

ASNA.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Ascena Retail Group reports Q2 loss per share of $0.18
Monday, 6 Mar 2017 04:05pm EST 

Ascena Retail Group Inc : Reaffirms full year non-GAAP EPS guidance of $0.37 - $0.42 . Reports second quarter GAAP EPS loss of $0.18, comparable sales down 4 pct; second quarter non-GAAP EPS loss of $0.07; reaffirms full year non-GAAP EPS guidance of $0.37 - $0.42 . Q2 loss per share $0.18 . Q2 sales $1.748 billion versus $1.842 billion . Sees Q3 2017 non-GAAP earnings per share $0.07 to $0.12 excluding items . Sees FY 2017 non-GAAP earnings per share $0.37 to $0.42 excluding items . Q2 non-GAAP loss per share $0.07 . Sees Q2 2017 GAAP loss per share $0.18 .FY2017 earnings per share view $0.39 -- Thomson Reuters I/B/E/S.  Full Article

Ascena Retail sees Q2 net sales of about $1.75 bln
Wednesday, 18 Jan 2017 08:40am EST 

Ascena Retail Group Inc : Ascena retail - sees Q2 net sales of about $1.75 billion; sees FY 2017 sales of about $6.775 billion - $6.825 billion . Ascena Retail - sees Q2 comp sales down 4.5 percent; sees FY 2017 comp sales down 4 percent to down 3 percent . Q2 revenue view $1.75 billion -- Thomson Reuters I/B/E/S .FY2017 revenue view $6.81 billion -- Thomson Reuters I/B/E/S.  Full Article

Ascena Retail Group reports first quarter results
Thursday, 1 Dec 2016 04:05pm EST 

Ascena Retail Group Inc : Ascena Retail Group, Inc. reports first quarter results . Q1 sales $1.678 billion versus $1.672 billion . Sees FY 2017 non-GAAP earnings per share $0.60 to $0.65 excluding items . Q1 GAAP earnings per share $0.07 . Sees Q2 2017 non-GAAP loss per share $0.00 to $0.05 excluding items . Q1 non-GAAP earnings per share $0.18 .Ascena Retail Group Inc says ended Q1 of fiscal 2017 with inventory of $808 million, down 9%.  Full Article

Ascena Retail Group - ceo David Jaffe's FY 2016 total compensation $4.63 mln
Thursday, 27 Oct 2016 11:00am EDT 

Ascena Retail Group Inc :Ascena retail group inc - CEO David Jaffe's FY 2016 total compensation $4.63 million versus $5.98 million in FY 2015 - sec filing.  Full Article

Ascena Retail says restructured its business into 4 operating segments
Tuesday, 4 Oct 2016 06:14pm EDT 

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

Ascena Retail Group Q3 adjusted earnings per share $0.15
Tuesday, 31 May 2016 04:07pm EDT 

Ascena Retail Group Inc : Ascena retail group, inc. Reports third quarter results . Q3 GAAP earnings per share $0.08 . Lowers FY adjusted earnings per share view to $0.67 to $0.70 . Q3 same store sales fell 4 percent . Sees 2016 capital expenditures $375 million to $400 million . Company reduces fiscal 2016 full year eps guidance to a range of $0.67 to $0.70, citing traffic headwinds . "we've had to contend with an unseasonably cold spring and resulting elevated traffic headwinds" . Fy2016 earnings per share view $0.75, revenue view $7.21 billion -- Thomson Reuters I/B/E/S . On an adjusted basis, inclusive of ann, total inventory at cost at quarter-end was down 9% versus year-ago period . Sees 2016 gross margin 57.5% - 58.0% . Sees FY 2016 total comp sales down 2 - 3% . Earlier this month, we retained accenture to proactively engage with us in an enterprise-wide transformation project . Q3 adjusted earnings per share $0.15 . Q3 sales $1.669 billion .Sees FY revenue about $7.1 billion.  Full Article

Ascena Retail Group Inc announces $200 million stock repurchase program authorization
Tuesday, 15 Dec 2015 04:29pm EST 

Ascena Retail Group Inc:Announces $200 million stock repurchase program authorization.Program replaces the existing stock repurchase program amended in Fiscal 2011, which had a remaining authorization of approximately $90 million.  Full Article

Ascena Retail Group Inc gives FY 2016 outlook
Wednesday, 16 Sep 2015 07:30am EDT 

Ascena Retail Group Inc:Sees FY 2016 adjusted earnings per diluted share (EPS) from continuing operations in the range of $0.75 to $0.80.Expects FY 2016 top-line sales in the range of $7.3 billion to $7.4 billion.Expects FY 2016 EBITDA in the range of $670 million to $700 million.Says guidance includes impact of acquisition of ANN INC. on a pro forma basis for entire fiscal year, and impact of incremental shares issued as a result of acquisition.Says guidance excludes any acquisition and integration expenses that may be incurred during fiscal year.  Full Article

Ascena retail group Inc announces completion of acquisition of Ann Inc
Friday, 21 Aug 2015 10:45am EDT 

Ascena Retail Group Inc:Completes acquisition of Ann Inc for combination of cash and ascena stock in an accretive transaction.Says with the completion of the merger, ANN INC. shares will be delisted from the NYSE and trading will cease at the close of business on Aug.21.Says ANN INC. will continue to operate as a wholly-owned subsidiary of ascena.  Full Article

Ascena retail group gives FY 2015 EBITDA guidance below analysts' estimates; lowers FY 2015 EPS guidance
Friday, 10 Jul 2015 04:35pm EDT 

Ascena retail group:Expects FY 2015 adjusted EBITDA from continuing operations in the range of $365 million to $375 million.Expects FY 2015 adjusted earnings per diluted share from continuing operations in the range of $0.57 to $0.60 as compared to its prior expectation of $0.70 to $0.75 per share.FY 2015 EBITDA of $397 million and EPS of $0.70 - Thomson Reuters I/B/E/S.  Full Article

More From Around the Web

BRIEF-Ascena Retail Group reports Q2 loss per share of $0.18

* Reports second quarter GAAP EPS loss of $0.18, comparable sales down 4 pct; second quarter non-GAAP EPS loss of $0.07; reaffirms full year non-GAAP EPS guidance of $0.37 - $0.42