Ascena Q4 Results Just Edge Past Forecast

Mahwah, NJ–Ascena Retail Group Inc., which recently bought Ann Inc., swung into a fourth quarter loss due to a write-down on Lane Bryant and falling sales at Justice stores. For the three months ended July 25, Ascena posted a loss of $323.4 million, or $1.98 a share, compared to a profit of $15.7 million, or […]

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