Ascena Retail Group Inc. Reports Consolidated Holiday Sales Results for the Period Ended January 3, 2016; Provides Earnings Guidance for the Second Quarter of 2016 and Re-Affirms Earnings Guidance for the Year Ending July 23, 2016
For the second quarter, the company expects second quarter earnings per share will be below the $0.02. The company now see second quarter earnings per share between breakeven and ($0.03).
The company also reaffirmed its full year EPS guidance range of $0.75 to $0.80 for the 52-week period ending July 23, 2016.