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Ascena Retail Group Tanks On Q4 Miss, Weak Outlook

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Suffern, NY—Shares of Ascena Retail Group fell in trading to a 52-week-low today after the owner of Lane Bryant and dressbarn reported disappointing fourth quarter earnings and a cautious outlook. For its fourth quarter, Ascena reported net earnings of 10 cents a share for the July-ending quarter, down from 18 ...

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