Company Earnings UpdateAscena (ASNA) Fiscal 3Q18 Results: Beats Expectations, Provides Mixed Guidance Coresight Research June 5, 2018 Executive Summary Ascena reported fiscal 3Q18 EPS of $(0.08), down from $0.05 a year ago, but beating the consensus estimate by a penny. Adjusted revenues were $1.50 billion, down 4.0% year over year, but above the $1.47 billion consensus estimate. Comps declined 3%, beating the (3.4)% consensus estimate. Comps declined for Premium Fashion, Value Fashion and Plus Fashion, but increased 10% for Kids Fashion. For 4Q18, the company guided for an adjusted EPS range of ($0.05)–$0.05, with a breakeven midpoint below the $0.03 consensus estimate. Revenue guidance of $1.62–$1.66 billion was ahead of the consensus estimate of $1.58 billion. Comp guidance was flat to up 2%. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Singles’ Day 2025 Around the World—Global ObservationsShoptalk Fall 2025 Day Two: Scaling Pilots, Pivoting with Intelligence and Building Next-Gen Customer ExperiencesLuxury Shopping in Focus; Sentiment Slumps Overall Amid Tariffs: US Consumer Survey InsightsWeekly US and UK Store Openings and Closures Tracker 2025, Week 8: US Store Closures Exceed 3,000, Up 420% Year Over Year
