Ascena Retail Group (ASNA) Updates Q2 Earnings Guidance
Ascena Retail Group (NASDAQ:ASNA) issued an update on its second quarter earnings guidance on Monday morning. The company provided earnings per share guidance of ($0.12-0.07) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.07). The company issued revenue guidance of $1.62-1.66 billion, compared to the consensus revenue estimate of $1.66 billion.
Ascena Retail Group (NASDAQ ASNA) opened at $2.10 on Wednesday. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.20 and a quick ratio of 0.52. The stock has a market cap of $511.66, a PE ratio of 18.64 and a beta of 1.96. Ascena Retail Group has a 12 month low of $1.65 and a 12 month high of $8.19.
Ascena Retail Group (NASDAQ:ASNA) last announced its quarterly earnings data on Monday, December 4th. The specialty retailer reported $0.11 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.11. Ascena Retail Group had a negative net margin of 16.39% and a positive return on equity of 2.32%. The company had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same period in the prior year, the firm posted $0.18 EPS. Ascena Retail Group’s revenue for the quarter was down 5.3% on a year-over-year basis. analysts anticipate that Ascena Retail Group will post 0.23 earnings per share for the current year.
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Ascena Retail Group Company Profile
Ascena Retail Group, Inc is a specialty retailer of apparel for women and tween girls. The Company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. The ANN segment offers feminine classics and fashion choices, sold primarily under the Ann Taylor and LOFT brands.
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