January 24, 2017 2:59 AM ET

Specialty Retail

Company Overview of Ascena Retail Group, Inc.

Company Overview

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics, bedroom furnishings, and electronics; and wear-to-work, casual sportswear, footwear, and social occasion apparel. The company also offers casual clothing, career wear, dressy apparel, and active wear, as well as special occasion and classic ap...

933 MacArthur Boulevard

Mahwah, NJ 07430

United States

Founded in 1962

16,000 Employees

Phone:

551-777-6700

Key Executives for Ascena Retail Group, Inc.

Chairman of the Board, Chief Executive Officer and President
Age: 57
Total Annual Compensation: $1.0M
Chief Financial Officer and Executive Vice President
Age: 44
Total Annual Compensation: $509.6K
Chief Human Resources Officer and Executive Vice President
Age: 46
Total Annual Compensation: $557.8K
Executive Vice President, General Counsel and Assistant Secretary
Total Annual Compensation: $215.4K
Compensation as of Fiscal Year 2016.

Ascena Retail Group, Inc. Key Developments

Ascena Retail Group, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of Fiscal 2017

Ascena Retail Group, Inc. provided earnings guidance for the second quarter and full year of fiscal 2017. The company expects non-GAAP loss per share for second quarter of $0.11-$0.08. This is wider than the previous outlook of a loss of $0.05 to breakeven. Based on ongoing store traffic headwinds, the company now expects full-year fiscal 2017 non-GAAP EPS in the range of $0.37 to $0.42, lower than the previous guidance of $0.60 to $0.65.

ascena Retail Group, Inc. Announces Consolidated Sales Results for the Period from November 19, 2016 Through January 2, 2017; Provides Earnings Guidance for the Second Quarter and Full Year of Fiscal 2017

ascena retail group, inc. announced consolidated sales results for the period from November 19, 2016 through January 2, 2017. For the period, consolidated comparable sales were down 4.4%. Excluding restructuring, acquisition and integration related expenses, and non-cash ANN purchase accounting adjustments, the company now expects non-GAAP LPS of $0.11 to $0.08 for the fiscal second quarter, ending January 28, 2017. Based on ongoing store traffic headwinds, the company now expects full year fiscal 2017 non-GAAP EPS in the range of $0.37 to $0.42 for the 52-week period ending July 29, 2017.

Ascena Retail Group, Inc. - Analyst/Investor Day

Ascena Retail Group, Inc. - Analyst/Investor Day

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