The Company noted that its updated guidance for Fiscal 2014 excludes one-time, acquisition-related integration, restructuring and purchase accounting costs that may be incurred related to the Charming Acquisition. The Company further noted that its guidance is based upon various assumptions, including low single-digit spring season comparable store sales and continued double-digit e-commerce sales growth. For the full year, the Company continues to plan to open approximately 185 stores and close approximately 135 stores, ending the fiscal year with approximately 3,900 Justice, Lane Bryant, maurices, dressbarn and Catherines stores in operation.The Company commented that it will be presenting at the 16 th Annual ICR XChange Conference to be held at the JW Marriott Orlando Grande Lakes in Orlando, Florida on Monday January 13 th 9:30am EST. The Ascena Retail Group investor presentation will be webcast live and can be accessed at http://www.ascenaretail.com.
Ascena Retail Group, Inc. Announces Holiday Sales Results And Lowers Fiscal 2014 Earnings Per Share Guidance
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