Let yourself shine.
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Trading name
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Dressbarn |
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Type
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Public |
Traded as | NASDAQ: ASNA S&P 600 Component |
Industry | Retail (Women's clothing) |
Predecessor | DressBarn |
Founded | Stamford, Connecticut, U.S. (February 13, 1962) |
Founder | Roslyn Jaffe |
Headquarters | Mahwah, New Jersey, U.S. |
Number of locations
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3,900 (2014) |
Key people
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Roslyn Jaffe, Founder David R. Jaffe, President and CEO Elliot Jaffe, Chairman |
Products | Women's clothing products (district stores for young women and older women) |
Revenue | US$ 6.995 billion (2016) |
Operating income
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US$ 94.6 million (2016) |
Net income
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US$ -11.9 million (2016) |
Total assets | US$ 5.506 billion (2016) |
Total equity | US$ 1.863 billion (2016) |
Number of employees
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16,000 (full time) (2016) |
Subsidiaries | Ann Taylor Cacique Catherines DressBarn Lane Bryant Lou & Grey Maurices Loft Justice |
Website | www |
Ascena Retail Group, Inc. (formerly Dress Barn and doing business as Dressbarn) is an American retailer of women's clothing. Ascena also owns the Maurices, Justice, Lane Bryant, and Catherines clothing store brands, and is the parent company of Ann Inc., operator of Ann Taylor and Loft stores.
Chairman Elliot Jaffe and his wife and co-founder, Roslyn own about 25% of Ascena.
The first Dress Barn was opened in February 1962 in Stamford, Connecticut, by Roslyn Jaffe. Jaffe saw the opportunity to provide wear-to-work dresses and clothing for the working woman during a time in the U.S. when women were entering the workforce in greater numbers and there were few options for buying more stylish and affordable workplace women's clothing.
The company began trading on NASDAQ (symbol DBRN) in 1982. In January 2011, to reflect the company's broader holdings, the company was reorganized as a Delaware corporation named Ascena Retail Group, Inc. At this time the NASDAQ symbol was also changed to ASNA.
In 2009, Ascena Retail Group expanded into the girls' clothing market by purchasing Tween Brands, the owner of the Justice chain of 891 stores. Justice, which is aimed at girls between ages 7 and 14, is the successor of Limited Too, originally launched in 1987 by The Limited to serve the same market. In 1999, The Limited spun off Limited Too as a separate company. In 2004, Limited Too launched the Justice chain, aimed at a lower price point in the same market. Limited Too changed its name to Tween Brands in 2008, and the company had almost completely converted its remaining Limited Too stores to Justice stores at the time of the Ascena acquisition.
In November 2013, David Jaffe, president and chief executive officer of Ascena, announced Dressbarn was opening a New York design studio. Also in November 2013, Judith Langley, who was executive vice president and chief merchandising officer at Charming Charlie’s, was appointed executive vice president and chief merchandising officer. She replaced Keith Fulsher, who retired.
On May 18, 2015, Ascena Group agreed to a $2.16 billion acquisition of Ann Inc., the parent company of clothing retailers Ann Taylor and Loft. Ascena Group completed its acquisition of Ann Inc on August 21, 2015. Ann Inc. operates as an Ascena Group subsidiary.
2016-06-01 | Reiterated Rating | Oppenheimer | Buy | |
2016-06-01 | Reiterated Rating | FBR & Co. | Outperform | $18.00 to $15.00 |
2016-06-01 | Reiterated Rating | Telsey Advisory Group | Market Perform | $11.00 to $10.00 |
2016-06-01 | Reiterated Rating | Cowen and Company | Market Perform | $10.00 to $8.00 |
2016-06-01 | Reiterated Rating | Oppenheimer Holdings Inc. | Buy | |
2016-06-01 | Reiterated Rating | FBR & Co | Outperform | $18.00 to $15.00 |
2016-04-07 | Reiterated Rating | FBR & Co. | Buy | $18.00 |
2016-04-02 | Reiterated Rating | Piper Jaffray | Buy | $18.00 |
2016-04-02 | Reiterated Rating | Piper Jaffray Cos. | Buy | $18.00 |
2016-03-02 | Reiterated Rating | Piper Jaffray | Overweight | $18.00 |
2016-03-02 | Reiterated Rating | Cowen and Company | Market Perform | $11.00 to $10.00 |
2016-02-17 | Lower Price Target | FBR & Co. | Outperform | $20.00 to $18.00 |
2016-02-10 | Upgrade | Goldman Sachs | Sell to Neutral | $7.00 |
2016-02-10 | Upgrade | Goldman Sachs Group Inc. | Sell to Neutral | $7.00 |
2016-01-21 | Lower Price Target | Goldman Sachs | $10.00 to $7.00 | |
2016-01-16 | Reiterated Rating | RBC Capital | Buy | |
2016-01-16 | Reiterated Rating | Royal Bank Of Canada | Buy | |
2016-01-15 | Reiterated Rating | RBC Capital | Outperform | $18.00 to $15.00 |
2016-01-13 | Reiterated Rating | FBR & Co. | Outperform | $20.00 |
2016-01-12 | Lower Price Target | Telsey Advisory Group | Market Perform | $16.00 to $13.00 |
2016-01-03 | Reiterated Rating | FBR & Co. | Buy | |
2015-12-28 | Reiterated Rating | FBR & Co. | Buy | |
2015-12-03 | Initiated Coverage | Oppenheimer | Buy | |
2015-12-03 | Reiterated Rating | Piper Jaffray | Buy | |
2015-12-02 | Reiterated Rating | Cowen and Company | Hold | $14.00 |
2015-12-02 | Reiterated Rating | Oppenheimer | Outperform | $19.00 |
2015-12-02 | Boost Price Target | Piper Jaffray | Overweight | $17.00 to $18.00 |
2015-10-29 | Reiterated Rating | FBR & Co. | Buy | $20.00 |
2015-10-16 | Initiated Coverage | Stephens | Overweight | $16.00 |
2015-10-07 | Initiated Coverage | Citigroup Inc. | Neutral | $14.00 |
2015-10-05 | Initiated Coverage | Goldman Sachs | Sell | $9.00 |
2015-09-24 | Set Price Target | Guggenheim | Buy | $17.00 |
2015-09-15 | Reiterated Rating | Oppenheimer | Outperform | $19.00 |
2015-09-08 | Reiterated Rating | Piper Jaffray | Buy | $17.00 |
2015-07-13 | Reiterated Rating | Piper Jaffray | Buy | $18.00 to $17.00 |
2015-07-13 | Reiterated Rating | Cowen and Company | Market Perform | $15.00 |
2015-07-13 | Reiterated Rating | Oppenheimer | Buy | $19.00 |
2015-07-13 | Lower Price Target | RBC Capital | Outperform | $20.00 to $18.00 |
2015-06-25 | Upgrade | RBC Capital | Sector Perform to Outperform | $16.00 to $20.00 |
2015-06-20 | Set Price Target | Oppenheimer | Buy | $19.00 |
2015-06-12 | Upgrade | RBC Capital | Sector Perform to Outperform | $16.00 to $20.00 |
2015-06-05 | Reiterated Rating | SunTrust | Buy | $17.00 to $18.00 |
2015-06-05 | Reiterated Rating | KeyBanc | Overweight | $16.00 to $20.00 |
2015-06-05 | Reiterated Rating | SunTrust Banks Inc. | Buy | $17.00 to $18.00 |
2015-06-05 | Reiterated Rating | KeyCorp | Overweight | $16.00 to $20.00 |
2015-06-03 | Reiterated Rating | Oppenheimer | Outperform | $19.00 |
2015-06-01 | Reiterated Rating | Piper Jaffray | Hold | |
2015-05-19 | Reiterated Rating | SunTrust | Buy | $16.00 to $17.00 |
2015-05-19 | Reiterated Rating | Piper Jaffray | Overweight | $16.00 to $18.00 |
2015-05-19 | Reiterated Rating | Oppenheimer | Outperform | $19.00 |
2015-05-19 | Upgrade | FBR & Co. | Market Perform to Outperform | $12.00 to $20.00 |
2015-05-04 | Initiated Coverage | RBC Capital | Sector Perform | $16.00 |
2015-04-20 | Set Price Target | Telsey Advisory Group | Hold | $13.00 to $16.00 |
2015-04-15 | Initiated Coverage | Guggenheim | Buy | $17.00 |
2015-03-09 | Reiterated Rating | Oppenheimer | Outperform | $19.00 |
2015-02-13 | Upgrade | KeyBanc | Hold to Buy | $16.00 |
2015-02-09 | Boost Price Target | SunTrust | Top Pick | $15.00 to $16.00 |
2015-01-06 | Initiated Coverage | Cowen and Company | Market Perform | |
2014-11-17 | Downgrade | Avondale Partners | Outperform to Market Perform | |
2014-09-23 | Downgrade | Goldman Sachs | Buy to Neutral | $20.00 to $13.00 |
2014-09-23 | Reiterated Rating | Citigroup Inc. | Neutral | $18.00 to $15.00 |
2014-09-23 | Lower Price Target | Telsey Advisory Group | Market Perform | $18.00 to $16.00 |
2014-09-23 | Reiterated Rating | SunTrust | Buy | $21.00 to $17.00 |
2014-09-23 | Lower Price Target | Oppenheimer | Outperform | $22.00 to $19.00 |
2014-07-21 | Initiated Coverage | FBR & Co. | Market Perform | |
2014-06-05 | Lower Price Target | Susquehanna | $24.00 to $21.00 | |
2014-06-04 | Reiterated | FBR Capital | Mkt Perform | $21 to $17 |
2014-06-04 | Lower Price Target | FBR & Co. | Market Perform | $21.00 to $17.00 |
2014-06-04 | Lower Price Target | Citigroup Inc. | Neutral | $23.00 to $18.00 |
2014-06-04 | Lower Price Target | Goldman Sachs | $25.00 to $23.00 | |
2014-05-12 | Upgrade | Avondale Partners | Market Perform to Outperform | $19.00 to $21.00 |
2014-03-05 | Initiated Coverage | Susquehanna | Positive | $24.00 |
2014-03-04 | Lower Price Target | SunTrust | $23.00 to $22.00 | |
2014-03-04 | Lower Price Target | Oppenheimer | Outperform | $25.00 to $22.00 |
2014-01-07 | Boost Price Target | FBR & Co. | Market Perform | $18.00 to $21.00 |
2014-01-02 | Downgrade | Citigroup Inc. | Buy to Neutral | $34.00 to $30.00 |
2014-01-02 | Upgrade | Goldman Sachs | Neutral to Buy | $21.00 to $30.00 |
2013-12-03 | Boost Price Target | Telsey Advisory Group | Not Rated | $21.00 to $24.00 |
2013-09-30 | Boost Price Target | JPMorgan Chase & Co. | Neutral | $18.00 to $20.00 |
2013-09-25 | Upgrade | FBR & Co. | Underperform to Market Perform | $15.00 to $18.00 |
2012-06-12 | Upgrade | FBR Capital | Mkt Perform to Outperform | $23 |
2012-02-27 | Reiterated | FBR Capital | Mkt Perform | $34 to $38 |
2016-06-01 | Reiterated Rating | Oppenheimer | Buy | |
2016-06-01 | Reiterated Rating | FBR & Co. | Outperform | $18.00 to $15.00 |
2016-06-01 | Reiterated Rating | Telsey Advisory Group | Market Perform | $11.00 to $10.00 |
2016-06-01 | Reiterated Rating | Cowen and Company | Market Perform | $10.00 to $8.00 |
2016-06-01 | Reiterated Rating | Oppenheimer Holdings Inc. | Buy |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In ASNA 0 funds of 2213 total. Show all
Fund name | Ticker shares |
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Name Relationship | Total Shares | Holding stocks |
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JAFFE DAVID R President & CEO | 7.22% (11679375) | ASNA / |
JAFFE ELISE Senior Vice President | 6.18% (9993233) | ASNA / |
JAFFE ELLIOT S | 0.67% (1084117) | ASNA / |
MUTO GARY President & CEO-ascena brands | 0.11% (173940) | ANN / ASNA / |
LAWTHER KRILL KATHERINE | 0.07% (108957) | ANN / ASNA / |
Pershing John E EVP, Human Resources | 0.04% (66478) | ASNA / |
PEARCE RANDY L | 0.04% (59103) | ARCI / ASNA / RGS / |
Lynch Brian E Chief Operating Officer | 0.03% (50803) | ANN / ASNA / |
Buggeln Catherine Elizabeth | 0.03% (42571) | ASNA / FIVE / VSI / |
EPPLER KLAUS | 0.03% (41298) | ASNA / BBBY / |
Kirshenbaum Steven | 0.02% (33353) | ASNA / |
BAYNE KATIE J | 0.02% (31177) | ANN / ASNA / |
Robinson Ronald Pres, Global Sourcing | 0.02% (29653) | ASNA / |
RUBIN CARL | 0.02% (28353) | ASNA / MIK / ULTA / |
Giammatteo Robert SVP, CFO | 0.02% (28056) | ASNA / |
Sullivan John J. EVP - Chief Operating Officer | 0.02% (26698) | ASNA / PLCE / |
USDAN JOHN | 0.01% (14000) | ASNA / |
Yaccarino Linda | 0.01% (12859) | ASNA / |
WEXLER GENE SVP, General Counsel | 0.01% (8397) | ASNA / |