- Ascena Retail Group, Inc. stock price today and history
Ascena Retail Group, Inc. (ASNA) stock prices updated...
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Ascena Retail Group, Inc. stock price, ASNA
Ascena Retail Group, Inc. stock chart:
Ascena Retail Group, Inc. close price: 3.8
Stock price forecast:
UP TO +16.05%
Total forecasts: 74
Reached: 29 (39.19%)
Total Win: 7.13 (137.05%)
Showing 1-10 of 437 items.
|Date of Forecast||Stock Price||Target Price||Forecast Reached Date|
Ascena Retail Group, Inc. latest news:
Ascena shares gain on smaller-than-expected loss
Shares of Ascena Retail Group Inc. rose in Monday's extended session after the company that owns Ann Taylor, Dress Barn and Lane Bryant posted a smaller loss than expected. Ascena reported its second-quarter loss widened to $35.2 million, or 18 cents a share, from $22.6 million, or 12 cents a share, a year ago. On an adjusted basis, it would have lost 7 cents a share. Revenue slipped to $1.75 billion from $1.84 billion while same-store sales fell 4%. Analysts surveyed by FactSet had forecast the retailer to report a loss of 9 cents a share on revenue of $1.75 billion. Shares climbed 2% after hours. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Williams and Ascena Retail Sink While Illumina, Valeant Jump
Williams Cos. and Ascena Retail Group take losses in U.S. trading, while Illumina and Valeant Pharmaceuticals International climb
Ascena Retail to report wider-than-expected loss as holiday sales disappoint
Ascena Retail Group Inc. warned that fiscal second-quarter losses would be wider than expected, as disappointing holiday traffic led to increased promotional activity. The apparel retailer, which store brands include Ann Taylor and Loft, now expects and adjusted per-share loss of 11 cents to 8 cents, compared with the FactSet consensus for a loss of 3 cents. The company now expects fiscal 2017 adjusted earnings per share of 37 cents to 42 cents, below the FactSet consensus of 58 cents. Same-store sales for the holiday period--Nov. 19 through Jan. 2--fell 3.1%, with Ann Taylor sales down 8.2%, Loft sales down 1.8% and Lane Bryant sales down 5.1%. "Outside of discrete peaks during the holiday season, we experienced stronger than expected store traffic headwinds," said Chief Executive David Jaffe. "As a result, we were forced into a more highly promotional stance in order to move through inventory in the face of softer overall consumer demand." The stock, which was still inactive in premarket trade, has tumbled 43% over the past 12 months, while the SPDR S&P Retail ETF has gained 6.9% and the S&P 500 has rallied 18%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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