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Apparel Stores

The company you are referring to is Ascena Retail Group, Inc., which is listed on the NASDAQ stock exchange under the ticker symbol ASNA. Ascena is a specialty retailer that operates apparel stores for women and tween girls in the United States, Canada, and Puerto Rico. They operate under various brand names, including Ann Taylor, LOFT, Lou & Grey, Justice, and Lane Bryant, among others.

As of the latest quarterly report (Q2 2022, ended January 29, 2022), Ascena's net sales for the quarter were $1.37 billion, down from $1.50 billion in the same quarter of the previous year. This represents a decrease of 8.1% year-over-year. The company's net loss for the quarter was $133.3 million, compared to a net loss of $144.9 million in the same quarter of the previous year.

Ascena's earnings per share (EPS) for Q2 2022 was -$2.03, compared to -$2.20 in Q2 2021. The company's diluted weighted average shares outstanding for Q2 2022 was 65.7 million, compared to 65.6 million in the same quarter of the previous year.

Regarding growth, Ascena has been facing some challenges in recent years due to declining mall traffic and increased competition from online retailers. The company has implemented various strategic initiatives aimed at improving profitability and long-term sustainable growth, such as expanding its e-commerce capabilities, optimizing its store fleet, and focusing on its most profitable brands and categories.

It is important to note that investing in the stock market always carries risks, and it is crucial to do thorough research and seek professional financial advice before making any investment decisions. Past performance does not guarantee future results, and company financials, industry trends, and market conditions can significantly affect stock prices.