Ascena Retail Group, Inc. Reports Consolidated Unaudited Earnings Results for the Second Quarter and Six Months Ended February 2, 2019; Provides Earnings Guidance for the Third Quarter of 2019
For the six months, Net sales were $3,284.6 million against $3,308.7 reported a year ago. Operating loss was $12.9 million against income of $4.3 reported a year ago. Net loss was $65.6 million against $32.7 reported a year ago. Basic loss per share is $0.33 against $0.17 reported a year ago.
For the third quarter, the company expects Net sales of $1.43 to $1.46 billion, Operating loss of $75 to $50 million.