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Provider: Thomson Reuters Stock Report
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Provider: Wright Reports

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Ascena Retail Group Inc Issues FY 2013 Guidance; Comments On FY 2013 Comparable Store Sales Guidance

Wednesday, 19 Sep 2012 07:00am EDT 

Ascena Retail Group Inc announced that for fiscal 2013, it expects adjusted earnings per diluted share (EPS) from continuing operations in the range of $1.45-$1.55, excluding one-time, acquisition-related integration and restructuring costs that may be incurred related to the Charming Acquisition. This estimate is based upon various assumptions, including a mid-single digit increase in consolidated comparable store sales. The Company plans to open approximately 180 to 200 stores and close 100 to 120 stores, ending the fiscal 2013 with approximately 3,900 Justice, Lane Bryant, maurices, dressbarn and Catherines stores in operation and achieving approximately $5 billion in net sales. 

Company Quote

0.085 +0.51%
21 Aug 2014