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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Ascena Retail Group Inc    ASNA

ASCENA RETAIL GROUP INC

(ASNA)
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ASCENA RETAIL GROUP, INC. : Change in Directors or Principal Officers (form 8-K)

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06/25/2019 | 04:17pm EDT

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 21, 2019, Steven Kirshenbaum and Marc Lasry, members of the Board of Directors (the "Board") of Ascena Retail Group, Inc. (the "Company"), each notified the Board of their decisions to resign from the Board effective as of June 30, 2019. Mr. Kirshenbaum is a member of the class of directors whose terms of office expire at the Company's 2021 Annual Meeting Stockholders, and Mr. Lasry is a member of the class of directors whose terms of office expire at the Company's 2019 Annual Meeting Stockholders. Mr. Kirshenbaum and Mr. Lasry each advised the Company that they have no disagreement with the Company on any matter relating to the Company's operations, policies or practices and the decision was based solely on personal reasons. The Board has approved a reduction in the size of the Board from 12 to 10 directors effective upon the effectiveness of the resignations.

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© Edgar Online, source Glimpses

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Financials (USD)
Sales 2019 5 576 M
EBIT 2019 -50,8 M
Net income 2019 -342 M
Debt 2019 1 063 M
Yield 2019 -
P/E ratio 2019 -0,34x
P/E ratio 2020 -2,24x
EV / Sales2019 0,21x
EV / Sales2020 0,24x
Capitalization 113 M
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Mean consensus HOLD
Number of Analysts 3
Average target price 1,00  $
Last Close Price 0,58  $
Spread / Highest target 71,9%
Spread / Average Target 71,9%
Spread / Lowest Target 71,9%
EPS Revisions
Managers
NameTitle
David R. Jaffe Chairman & Chief Executive Officer
Brian E. Lynch President & Chief Operating Officer
Robert Giammatteo Chief Financial Officer & Executive Vice President
Roslyn S. Jaffe Secretary & Director-Emeritus
Catherine Elizabeth Buggeln Lead Independent Director
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