Ascena Retail Group sales zoom 44% in Q2 FY'13

The Company ended the second quarter of Fiscal 2013 with cash and investments of $325.7 million and total debt of $277.4 million, compared to $168.9 million of cash and investments and $326.6 million of debt at the end of Fiscal 2012. During the quarter, we prepaid approximately $20 million of the outstanding principal balance of our term loan.

About Ascena Retail Group, Inc.

Ascena Retail Group, Inc. is a leading specialty retailer offering clothing, shoes, and accessories for missy and plus-size women and tween girls, under the Justice, Lane Bryant, maurices, dressbarn and Catherines brands. Ascena Retail Group, Inc. operates through its subsidiaries approximately 3,800 stores throughout the United States, Puerto Rico and Canada.

Ascena Retail Group