Interviews
Ascena performs well in very tough environment
16 Sep '11
6 min read
We are certainly mindful of the pressures of today's macro-economic environment and we are planning our business accordingly. Even so, we are positioned well to take advantage of a number of opportunities that we believe will allow us to continue to grow, evolve our business, and drive value to our shareholders."
Fiscal July 2012 Earnings Guidance
The Company's guidance for earnings per diluted share for the fiscal year ending July 2012 is in the range of $2.55 to $2.65. This estimate is based upon various assumptions for the year, including a mid-single digit increase in comparable store sales. The Company plans to open approximately 125 to 135 stores and close 30 to 35 stores, ending fiscal 2012 with approximately 2,600 dressbarn, maurices and Justice stores in operation.
Fiscal July 2012 Earnings Guidance
The Company's guidance for earnings per diluted share for the fiscal year ending July 2012 is in the range of $2.55 to $2.65. This estimate is based upon various assumptions for the year, including a mid-single digit increase in comparable store sales. The Company plans to open approximately 125 to 135 stores and close 30 to 35 stores, ending fiscal 2012 with approximately 2,600 dressbarn, maurices and Justice stores in operation.
Ascena Retail Group Inc
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