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Ascena Retail, Ann Shares Gain Big on M&A
Monday, May 18, 2015 - 9:00am | 260Ascena Retail Group Inc (NASDAQ: ASNA), the operator of Dressbarn and Lane Bryant, agreed to buy Ann Inc (NYSE: ANN) for $38.71 in cash and 0.68 per share in stock. The deal works out to a $2.15 billion price tag. Ascena wants to acquire Ann's LOFT and Ann Taylor stores to expand its women...
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Ascena Retail Group Rises 5% After Q1 Earnings Beat
Monday, December 2, 2013 - 5:30pm | 305Ascena Retail Group (NASDAQ: ASNA) is up more than five percent in after hours trading after beating Wall Street's estimates for Q1. Ascena reported a first quarter EPS of $0.36 versus the Street estimate of $0.32. Despite the beat, earnings per share were down eight percent from the year-ago...
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Earnings Expectations for the Week of May 28 (JOY, SAI, TIVO)
Sunday, May 27, 2012 - 8:37am | 880Mining equipment maker Joy Global (NYSE: JOY) and defense contractor SAIC (NYSE: SAI) are scheduled to step into the earnings spotlight this week, in what will be otherwise a pretty quiet week as far as quarterly reports go. Others on tap to share their results for the most recent quarter include...
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Gap, Sears and Other Retail Stocks Up More Than 35% Year to Date
Thursday, May 10, 2012 - 7:13am | 1070This week, Kohl's (NYSE: KSS), Macy's (NYSE: M) and Nordstrom (NYSE: JWN) kick off this quarter's parade of earnings reports from retailers. Walmart (NYSE: WMT), Home Depot (NYSE: HD) and many others are scheduled to post results next week. Here is a quick look at some retailers with share prices...
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DSW Earnings Preview: Double-Digit EPS Growth Expected
Monday, March 19, 2012 - 7:00am | 855Retailer DSW (NYSE: DSW) is scheduled to report fourth-quarter 2011 results tomorrow, March 20, before the opening bell. The company has seen net income and revenue both increase in three consecutive quarters, and the stock is about 25% higher than three months ago. Investors no doubt will be...
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Guess? Earnings Preview: Lower EPS, Higher Sales Expected
Tuesday, March 13, 2012 - 6:43am | 917Guess? (NYSE: GES) is scheduled to report fiscal fourth-quarter results tomorrow, March 14, after the closing bell. Investors have seen the company's net income fall year over year by an average of 2.3% over the past five quarters. But revenue has now risen for three straight quarters. Investors...
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Buckle Earnings Preview: EPS and Sales Growth Expected
Wednesday, March 7, 2012 - 7:40am | 874Buckle (NYSE: BKE) is scheduled to report fourth-quarter 2011 results tomorrow, March 8, before the markets open. The teen apparel purveyor saw strong same-store sales in December and January on strong demand for jeans and footwear. Investors will be looking for that to begin a new streak of...
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Earnings Expectations for the Week of February 27
Sunday, February 26, 2012 - 11:58am | 1080On the heels of last week's quarterly results from Walmart (NYSE: WMT), Home Depot (NYSE: HD), Macy's (NYSE: M) and many other retailers, this week will bring more earnings reports from shopping mall and strip mall standbys. Auto parts and accessories purveyor AutoZone (NYSE: AZO) is expected to...
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UPDATE: Piper Jaffray Raises PT on Ascena Retail Group to $40 (ASNA)
Thursday, March 3, 2011 - 8:38am | 158Piper Jaffray is out with its report today on Ascena Retail Group (NASDAQ: ASNA), raising its PT from $39 to $40. In a note to clients, Piper Jaffray writes, "It appears that same-store sales in February were up in the high-single-digits for all three divisions, likely...
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Piper Jaffray Raises PT On Ascena Retail Group To $40
Thursday, March 3, 2011 - 8:06am | 31Piper Jaffray has raised the price target on Ascena Retail Group (NASDAQ: ASNA) from $39 to $40 and maintains its Overweight rating.
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Piper Jaffray Raises ASNA EPS Estimates
Monday, January 31, 2011 - 10:36am | 104Piper Jaffray is raising its EPS estimates on shares of Ascena Retail Group, Inc. (NASDAQ: ASNA) from $2.24 to $2.25 for FY11 and from $2.50 to $2.59 for FY12. “Our FY12 EPS estimate represents 15% growth, which consists of 13% net income growth and 2% accretion stemming from share repurchases,”...
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Piper Jaffray Upgrades Ascena Retail To Overweight, PT To $39
Monday, January 31, 2011 - 8:26am | 29Piper Jaffray has upgraded Ascena Retail Group (NASDAQ: ASNA) from Neutral to Overweight and has raised the price target from $25 to $39.