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Stock impact report

Ascena Retail Group: Rising From The Ashes [Seeking Alpha]

ASCENA RETAIL GROUP (ASNA) 
Last ascena retail group earnings: 6/10 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: ascenaretail.com/investors.jsp
Company Research Source: Seeking Alpha
| Services Ascena Retail Group: Rising From The Ashes Dec. 12, 2019 9:54 PM ET About: Ascena Retail Group, Inc. (ASNA) by: SKK Investments Long/short equity, Growth, momentum, event-driven Summary Ascena Retail Group reported solid Q1 2020 earnings results due to effective cost-cutting measures and stabilizing operational performance. The company has managed to avert a liquidity crisis by selling assets and becoming a leaner enterprise. We remain bullish on Ascena shares, although high debt levels remain a concern. Introduction We argued in our previous articles Shares have risen substantially since the publication of our first article Q1 results (Source: Business Journal Business Overview Ascena Retail Group is a women's apparel specialty retailer. It operates several well-known brands, including Ann Taylor, LOFT, Catherines, Lane Bryant, and Justice. The company has experienced major struggles in recent years due to weak top and bottom line performance, which have been caused by th Show less Read more
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