Ascena Retail Group (ASNA) Releases 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 (EPS) guidance of $-0.23-0.28 for the period, compared to the Thomson Reuters consensus estimate of ($0.19).
Shares of NASDAQ ASNA opened at $3.26 on Monday. Ascena Retail Group has a 1 year low of $1.79 and a 1 year high of $5.28. The company has a market cap of $641.67 million, a P/E ratio of -163.00 and a beta of 1.60. The company has a current ratio of 1.28, a quick ratio of 0.45 and a debt-to-equity ratio of 1.64.
Ascena Retail Group (NASDAQ:ASNA) last announced its earnings results on Monday, December 10th. The specialty retailer reported $0.06 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.04 by $0.02. Ascena Retail Group had a negative net margin of 0.61% and a negative return on equity of 1.70%. The firm had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.57 billion. During the same quarter last year, the business earned $0.11 earnings per share. Ascena Retail Group’s revenue was up .1% compared to the same quarter last year. Sell-side analysts anticipate that Ascena Retail Group will post 0.07 earnings per share for the current year.
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Ascena Retail Group Company Profile
Ascena Retail Group, Inc, through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through four segments: Premium Fashion, Value Fashion, Plus Fashion, and Kids Fashion. It offers a range of merchandise, including apparel, accessories, footwear, and intimates; and lifestyle products comprising cosmetics and bedroom accessories.
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