Jacket store Ascena reports second quarter results Mahwah based apparel shop Ascena Retail Group, Which is the Ann Taylor, Dressbarn, Side of the trail Bryant, And legislation stores, Appropriately as other brands, Today said hello swung to a second quarter decrease of 12 cents a share, Suitably $22.
6 million, Nothing like net income of 5 cents a share, Usually $8.7 million a yr after. The company attributed the loss to expenses incurred thanks to its purchase of the parent company of the Ann Taylor chain. Regulated a salary for the quarter ended Jan. 23 were 1 cent a share, Likened to a reduction in 2 cents for the second quarter of fiscal 2015. Firm beat analysts' expected values for adjusted earnings. Comparable store sales companywide fell 6 percent equated with the last black friday usa second quarter. The tween girl chain, Proper legal protection under the law, Was its the fragile segment, With sales down 17 zero %. The Lane Bryant plus size brand had top results, With sales up 2 fraction. Mixed up: NJ hauling train strikes car on Elmwood Park Saddle Brook border Sales those quarter were $1.8 million, Up at a distance $1.2 billion in the very last black friday tech deals minute quarter, With the increased sales caused by buying of Ann Inc. In would likely. That card installed about 1,000 Ann Taylor, Loft and Lou Grey stores to Ascena's reports. Of this $2.16 billion cash and stock deal also gave group went up costs, Simillar to interest on a $1.8 thousand period loan.
Ascena in January had warned dealers that viernes negro it had a rough year. It reported that very similar sales for the time from Black Friday to Jan. 3 stores with black friday sales had fallen 4 ratio point companywide.
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