Ascena Retail Group Reports
Strong 2011 Holiday Sales
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Ascena Retail Group, Inc. (NASDAQ: ASNA)
this week has announced strong holiday sales and is raising
earnings per share guidance for its current fiscal year ending
The Company noted that comparable store sales for the fiscal month of December increased 14% on a consolidated basis. By brand, dressbarn increased 12%, maurices increased 6% and Justice increased 19%.
As a result of better-than-expected
holiday season sales and margin performance, the Company is
raising its adjusted earnings per share guidance for Fiscal 2012
to a range of
The Company also noted that it will be
presenting at the 14th Annual
dressbarn offers casual, career and special occasion fashion
apparel and accessories at value prices for women ages 35-55,
operating 825 stores in 47 states.
maurices offers casual and
career apparel and accessories at value prices to the
fashion-conscious woman, ages 17-34 with a 20-something
attitude, and operates 804 stores in 44 states.
trend-right apparel and accessories at value prices for tween
girls ages 7-14 and operates 932 stores in 46 states,
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