Insight Report 3 minutes PremiumAscena Retail Group (ASNA) Fiscal 2Q17 Results: Beats by $0.02, but Guides Down for Fiscal 3Q17 Coresight Research March 7, 2017 Executive Summary Ascena Retail Group reported fiscal 2Q17 adjusted EPS of $(0.07), versus a profit of $0.01 per share in the year-ago quarter and beating the consensus estimate by two cents. Revenues were $1.75 billion, down 5.1% year over year and in line with the consensus estimate. Comps were down 4%, in line with consensus, comprising a 5% decline for Premium Fashion, a 6% decline for Value Fashion, a 4% decline for Plus Fashion and a 1% decline for Kids Fashion. The company expects full-year adjusted EPS of $0.37–$0.42, which brackets the $0.39 consensus, and fiscal 3Q17 adjusted EPS of $0.07–$0.12, below the $0.15 consensus estimate. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Three Data Points We’re Watching This Week: US Surveys FocusData Dive: The Global Obesity Economy—Shaped by the Spending of 1 Billion ConsumersUS Apparel and Beauty Spending Tracker: December 2022 Clothing and Footwear Spending Jumps 6% Year over YearChina’s 6.18 Shopping Festival 2023: Livestreaming and International Brands Attract Shoppers
