Wall Street is forecasting that Ascena Retail (
Analysts surveyed by FactSet are looking for adjusted earnings of 20 cents per share on revenue of $1.71 billion. During the same quarter a year ago, the parent company of Ann Taylor and Lane Bryant earned an adjusted 36 cents per diluted share on revenue of $1.79 billion.
Comparable-store sales are projected to drop 3.9% during the most recent period, according to FactSet. Last year, comparable-store sales fell...