WWD.com/business-news/financial/ascenas-3rd-qtr-profits-rise-79-3629105
financial
financial

May 26, 2011

Ascena’s 3rd-Qtr. Profits Rise 7.9%

Markdowns pressure results in quarter’s final month.

financial/news

Ascena Retail Group Inc. registered a 7.9 percent increase in third-quarter profits but noted that it experienced markdown pressures and high inventories after a “tough April.”

 

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