Shaun Currie, CFA
Long/short equity, hedge fund analyst, momentum

Ascena Retail: The Future Looks Bright

In a tough environment, Ascena Retail Group (NASDAQ:ASNA) reported another strong earnings quarter last night. The company saw flat or positive same store sales at each of the company's brands, as opposed to some competitors that have announced weak results due to the macro environment. These were very impressive results. Here's a look at the breakdown in sales:

(click to enlarge)

Source: Ascena Earnings Release

As, I've said before, the biggest thing you need to know about ASNA is that they have a best-in-class management team. These guys don't make unforced errors. You might not get the highest returns if you hold this stock, but it's a company that helps you sleep soundly at night, and I actually...

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