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Acquisitions Help Ascena Q1 Profit, Sales Rise

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Suffern, NY—Helped by the contributions from its recent acquisitions of Lane Bryant and Catherines, Ascena Retail Group reported late Wednesday  better-than-expected first quarter earnings. For the quarter ended Oct. 27, the parent of dressbarn and maurices posted an 18% increase in its net earnings to $46.2 million, or 39 cents ...

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