Ascena Retail Group Aktie

Ascena Retail Group für 0 Euro bei ZERO ordern (zzgl. Spreads)

WKN DE: A1H5VP / ISIN: US04351G1013

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02.08.2007 11:02:00

Dress Barn, Inc. Reports July Sales Results

Dress Barn, Inc. (NASDAQ: DBRN), today reported its fiscal July, fourth quarter and year end sales results. Net sales for the four-week fiscal month ended July 28, 2007 increased 7% to $101.6 million, compared to $95.2 million reported for the four weeks ended July 29, 2006. Comparable store sales increased 3% above the same period last year. For the thirteen-week fiscal quarter ended July 28, 2007 net sales increased 10% to $376.3 million, compared to $343.3 million reported for the thirteen weeks ended July 29, 2006. Comparable store sales increased 5% above last year’s fourth quarter. For the fifty-two week fiscal year ended July 28, 2007 net sales increased 9% to $1,422.9 million, compared to $1,300.3 million reported for the fifty-two weeks ended July 29, 2006. Comparable store sales increased 5% over last year. Comparable store sales by brand for the fiscal periods ended July 28, 2007 were as follows: ---- Comparable Store Sales ---- July Fourth Quarter Fiscal Year dressbarn - 2% + 1% + 4% maurices + 13% + 13% + 7% Total Comparable Store Sales + 3% + 5% + 5% CHANGE IN SALES REPORTING SCHEDULE EFFECTIVE FISCAL YEAR 2008 As previously announced, the Company will discontinue reporting monthly sales results beginning with August, 2007, and will begin reporting sales and comparable store sales on a quarterly basis, consistent will practices at other retailers, beginning with the first fiscal quarter ending October 27, 2007. ABOUT DRESS BARN, INC. Dress Barn, Inc. (NASDAQ - DBRN), is leading national specialty apparel retailer offering quality career and casual fashion apparel through its dressbarn and maurices brands. As of July 28, 2007, the Company operated 821 dressbarn stores in 46 states and 607 maurices stores in 42 states. For more information, please visit www.dressbarn.com and www.maurices.com. FORWARD-LOOKING STATEMENTS Certain statements made within this press release may constitute "forward-looking statements”, within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially. The Company does not undertake to publicly update or review its forward-looking statements even if experience or future changes make it clear that our projected results expressed or implied will not be achieved. Detailed information concerning a number of factors that could cause actual results to differ materially from the information contained herein is readily available on our most recent report on Form 10-K for the year ended July 29, 2006 and Form 10-Q for the quarter ended April 28, 2007.

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