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Ascena Retail (ASNA +4.7%) rallies after announcing its December same-store sales rose 14% Y/Y,...
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Thursday, January 5, 2012, 11:49 AM ETAscena Retail (ASNA +4.7%) rallies after announcing its December same-store sales rose 14% Y/Y, thanks to a 19% increase for its Justice brand, and a 12% increase for its dressbarn brand. As a result, the company is raising its FY12 (ends in April) EPS guidance to a range of $2.70-$2.70, above a prior range of $2.55-$2.65.
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