Company Earnings Update 2 minutesRegister for Free AccessAscena (ASNA) Fiscal 2Q18 Results: Mixed Quarter, Guides for EPS Below Expectations Coresight Research March 6, 2018 Executive Summary Ascena Retail Group reported fiscal 2Q18 revenues of $1.72 billion, down 1.7% from the year-ago quarter but beating the $1.65 billion consensus estimate. Adjusted EPS was $(0.12), down from $(0.07) in the year-ago quarter and missing the consensus estimate of $(0.09). Comparable sales were down 2%, versus the consensus estimate of a 2.9% decline. The company offered fiscal 3Q18 adjusted EPS guidance of $(0.12)–$(0.07), compared with the consensus estimate of $0.07. The company expects revenues of $1.48–$1.52 billion, compared with the $1.49 billion consensus estimate, and comparable sales of (3)%–(5)%, compared with the consensus estimate of (2)%. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Earnings Insights 1Q23, Week 6: Five Below, Lululemon and PVH Post Strong Results; Capri Holdings, Macy’s and Nordstrom See Sales DeclineGenerative AI Latest: New Funding, Infrastructure and Applications, Plus Google’s Recent Product Launches and Tech PartnershipsEarnings Insights 1Q24, Week 2: Amazon, CVS and Estée Lauder Report Positive Sales Growth; Clorox and Wayfair Post Sales DeclinesWeekly US and UK Store Openings and Closures Tracker 2024, Week 2: Bodycare To Open 20 UK Stores