• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    The Shrinking Global Women'S Clothing Market Has Made The Biggest Group In North America Look Bleak.

    2016/9/22 16:46:00 64

    Ascena Retail Group IncWomen'S Wear GroupGlobal Women'S Wear

      

     Ascena

    The expected profit and the sluggish outlook for the current fiscal year are the biggest in North America.

    Women's clothing group

    The shares of Ascena Retail Group Inc. (NASDAQ:ASNA) on Monday after the four quarter and annual report were down more than 20%, reaching 24%.

    As of July 30, 2016, Ascena Retail Group Inc recorded a net profit of $13 million 800 thousand in the fourth quarter of fiscal year 2016, and 0.07 earnings per share of $13 million 800 thousand. After adjustment, EPS also recorded only $0.08, far less than the expected $0.17 of Zacks Investment Research.

    In the two quarter, the group's revenue was $18.123 billion, which was 54.9% higher than the 1 billion 169 million 800 thousand US dollars in the same period last year, which is also higher than the Zacks's expected US $1 billion 780 million.

    Excluding the takeover of women's clothing company Ann Inc., the fourth quarter group store sales fell by 4%.

    During the period, the sales of Justice brand, maurices brand, dressbarn brand and Catherines brand were 4%, 9% and 7% respectively.

    Lane Bryant

    Same store sales increased by 1%, while Ann Inc. sales fell by 6%.

      

    Ascena Retail Group Inc

    Group Chairman and chief executive officer David Jaffe said that the 2016 fiscal year was a challenging year. The highly competitive competition between the competitors, the decline in passenger traffic, and the extreme contrast between the peak and low demand of customers resulted in a much lower than expected four quarter performance.

    He also said that the improvement of Justice's brand and the synergy of acquisitions will lay the foundation for the pformation of the group.

    For the sluggish performance, David Jaffe has maintained the mainstream view of the industry: increased consumer spending on travel, automobile and other consumer spending, and reduced spending on clothing and fashion categories, in addition to facing a depressed economy.

    Consumer

    Savings will increase and consumption will be prudent.

    During the fourth quarter, Ascena Retail Group Inc. recorded a gross margin of 57.5%, a 310 basis point improvement.

    In the 2016 fiscal year, Ascena Retail Group Inc. revenue rose 45.6% to 6 billion 995 million 400 thousand US dollars; net loss was 1190 US $10000, plus a loss of 0.06 US dollars per share.

    As of July 30, 2016, the company operates 4906 stores.

    For the current fiscal year outlook, Ascena Retail Group Inc. is expected to adjust EPS to US $0.60 -0.65 US $2016, and sales are expected to remain unchanged in fiscal year 2016; actual EPS is expected to be US $0.46 -0.51 US dollars, with sales expected to be US $6 billion 900 million US $200 billion.

    Far below Thomson Reuters's expected $0.83 EPS forecast and $7 billion 170 million revenue forecast.

    The share price of Ascena Retail Group Inc. (NASDAQ:ASNA) rose 8.12 on Monday, rising 1.88%, but the stock has fallen 18% this year, and it has slumped 40% in the past year.


    • Related reading

    Orchestra Choose PLM Of Centric Software.

    Recommended topics
    |
    2016/9/22 11:56:00
    43

    Korean Fashion Trend 101GLOBAL, Must Not Miss The Popular Brand.

    Recommended topics
    |
    2016/9/21 15:01:00
    92

    Zheng Shuang And Song Jia Wore Shirts And Dresses. This Dress Became The New Favorite Of The Actress.

    Recommended topics
    |
    2016/9/20 22:07:00
    136

    Cross Border Design Is Sought After By Designer Gosha Rubchinskiy, Creating Skateboard Brand

    Recommended topics
    |
    2016/9/19 17:41:00
    78

    How To Realize &#34 In Clothing Industry? China Makes &#34 In Its Own Way?

    Recommended topics
    |
    2016/9/19 15:36:00
    29
    Read the next article

    Four Major Trends Of The G20 Summit For The Garment Industry

    The G20 ended successfully. The summit brought China once again under the spotlight of the world stage, and has a positive impact on the long-term development of all aspects of China. In the field of clothing, the global village can make the brand more internationalized.

    主站蜘蛛池模板: 亚洲国产一区二区三区在线观看 | 免费在线看片网站| 91视频app污| 伊人久久中文大香线蕉综合| 国产男女猛烈无遮挡免费视频网站| 亚洲国产成人精品无码区在线观看 | 中文字幕在线看| 永久免费AV无码网站YY| 国产午夜精品理论片| 9久热精品免费观看视频| 日韩欧美高清色码| 免费国产a国产片高清| 国产自产21区| 天天躁夜夜躁狠狠躁2021| 在线看亚洲十八禁网站| 无码人妻精一区二区三区| 欧美性猛交xx免费看| 第一福利官方导航| 精品国产三级在线观看| 美女脱精光给男生摸| 色噜噜狠狠一区二区三区| 色欲欲WWW成人网站| 色多多在线观看视频| 韩国亚洲伊人久久综合影院| 香蕉尹人在线观看免费下载| 风韵多水的老熟妇| 青青国产线免观| 老子影院午夜理伦手机| 美妇又紧又嫩又多水好爽| 网曝门精品国产事件在线观看| 野花视频在线观看免费观看最新| 51视频精品全部免费最新| www.国产成人| 清纯秘书被总经理吸乳小说| 国产精品单位女同事在线| 国产精品bbwbbwbbw| 全免费毛片在线播放| 领导边摸边吃奶边做爽在线观看| 国模无码视频一区二区三区| 中文字幕无码精品亚洲资源网| 欧美a级成人淫片免费看|