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Ascena Retail Group Inc.
Trading name
Dressbarn
Type
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
3,900 (2014)
Key people
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 Increase US$ 6.995 billion (2016)
Operating income
Increase US$ 94.6 million (2016)
Net income
Increase US$ -11.9 million (2016)
Total assets Increase US$ 5.506 billion (2016)
Total equity Increase US$ 1.863 billion (2016)
Number of employees
16,000 (full time) (2016)
Subsidiaries Ann Taylor
Cacique
Catherines
DressBarn
Lane Bryant
Lou & Grey
Maurices
Loft
Justice
Website www.ascenaretail.com

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.

News

Ascena Retail Group, Inc. (consumer cyclical)

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q4 2020 2020-10-01 Future report Set alerts
Q3 2020 2020-06-08 0.00 0.00
Q2 2020 2020-03-09 0.00 -13.22
Q1 2020 2019-12-09 0.00 0.60
Q4 2019 2019-10-03 0.00 -42.40
Q3 2019 2019-06-10 0.00 -24.80
Q2 2019 2019-03-14 0.00 -8.20
Q1 2019 2018-12-10 0.00 -2.40
Q4 2018 2018-09-24 0.00 1.60
Q3 2018 2018-06-04 0.00 -6.00

Ratings

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

Funds

In ASNA 0 funds of 2184 total. Show all

Fund name Ticker shares

Major Shareholders

Name Relationship Total Shares Holding stocks
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 /

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