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. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: CES 2023 Day Two: Deborah Weinswig Presents Key Opportunities for Retailers in the Face of Brisk HeadwindsDebunking Three Myths of Holiday Readiness: Insights Presented at Google Think Retail on AirWeekly US and UK Store Openings and Closures Tracker 2023, Week 3: US Closures Down 24%Tech Talk from Shoptalk US and Shoptalk Europe: Five Trending Themes, Emphasis on Generative AI