Suffern, NY—Ascena Retail Group reported last week that despite increased sales its third quarter profit fell 4.8% mostly due to costs associated with its acquisition of Lane Bryant. For the quarter ended April 28, the parent of dressbarn and maurices posted net income of $49.4 million, or 31 cents a ...
The post Ascena Q3 Profit Hit by Charming Shoppes Acquisition Costs appeared first on Accessories Magazine.
