Ascena Retail Group, Inc, formerly known as The Dress Barn,
Inc. Ascena Retail has a market cap of $3 billion; its shares
were traded at around $19.01 with a P/E ratio of 14.9 and P/S
ratio of 1. Ascena Retail had an annual average earnings growth
of 17.8% over the past 10 years.
President & CEO of Ascena Retail (
) David R Jaffe sold 433,600 shares on June 21, 2012 at an
average price of $19.56. The total transaction amount is
Mr Jaffe joined Ascena as Vice President Business Development
from 1992 to 1995. He then worked as Senior Vice President from
1995 to 1996, Executive Vice President from 1996 to 2001, and
Chief Operating Officer from September 2001 to 2002. Since
February 2002, Mr. David R Jaffe served as Chief Executive
Officer and President of Ascena Retail Group Inc.
On January 20, 2012, Executive Vice President & CFO Armand
Correia sold 60,000 shares of ASNA stock at the average price of
17.71. SVP, General Counsel Gene Wexler sold 6,206 shares of ASNA
stock at the average price of 17.64.on January 19, 2012.
2 GuruFocus Gurus,
, left their positions in ASNA unchanged or slightly adjusted.
have reduced their positions in the Company. David Dreman owns
628,613 shares as of March 31, a decrease of 31.49% of from the
previous quarter. As of March 31, 2012, Robert Olstein owns
115,000 shares, a decrease of 40.72% of from the previous
On May 31, 2012-- Ascena Retail Group, Inc. reported financial
results for its fiscal third quarter. The Company reported net
income of $49.4 million and revenues of $783.3 million, an eight
percent increase from the last year's third quarter.About
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