Ascena Retail Group (ASNA) Reports In-Line Q2 EPS, Q3 Guidance Misses
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ascena retail group, inc. Reports Second Quarter Fiscal 2019 Results; Provides Third Quarter Earnings Guidance
March 14, 2019 4:05 PM EDTSecond Quarter Comparable Sales Up 2%; GAAP EPS Loss of $0.36; Adjusted EPS Loss of $0.26
MAHWAH, N.J.--(BUSINESS WIRE)-- ascena retail group, inc. (Nasdaq: ASNA) (ascena or the Company) today reported financial results for its fiscal second quarter ended February 2, 2019. For the second quarter of Fiscal 2019, the Company reported a GAAP loss of $0.36 per diluted share, compared to a GAAP loss of $0.20 in the year-ago period, as an increase in comparable sales was more than offset by the impact of a lower gross margin rate and a lower benefit... More
