The diversification at Ascena Retail Group (NASDAQ:ASNA) appears to impress previous contributors, but the recent results suggest that the configuration of vastly different retail chains has led to the concept known as "deworsification". The recent addition of several retail operations promised greater diversification, but it only appears to add more uncertainty and inability to predict trends around different retail segments such as teens and plus-sized women.
The company is a specialty retailer that operates under the Lane Bryant, Cacique, maurices, dressbarn, Catherines, Justice and Brothers brands. It operates 3,800 stores primarily in the United States.
The question for investors is whether it is best to run these brands under individual corporations or to consolidate them under a single...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|