Ascena Retail Group Inc fka ASNAQ

[tdeck]

$ASNA One other thing people aren't getting Dress barn sales were up 12% this past Q and the cash to the balance sheet rose a lot of this has to do with the stores they closed. Not only did they lose the losses of all those stores going forward which is important as losses will drop, but they gained in revenues but more importantly cash to the balance sheet.

This Q coming cash will rise and losses will fall going forward again as all these stores were closed this Q that is ending. And when the 500 close Dec 31st during the holiday sales period where they will be getting more $$ for the goods during the sell out they will also not be paying for as much advertisement as the pople are already going to be their in droves, ever seen a malls parking lot during the holidays, the only time one understands why they made the SOB's so big. Forest is there if you quit staring at the individual trees.

In this PR click Company Website in this paragraph and count those stores, thay aren't losing money today, costs sut today since last Q report for August 3 and they added to the revenues Dress Barn sales will be up and all that liquidated inventory will boost the cash as it did last Q its all simple if one just thinks rationally for a moment.

""Today, Dressbarn has commenced store closing or inventory clearance event sales at 53 stores that are slated for closure by the end of August. A list of all planned store closures, including those previously announced, can be found on the Company’s website."

https://finance.yahoo.com/news/dressbarn-wind-down-plan-target-200500271.html


It doesn't take a rocket scientist, just the ability to shut out all the nose of the players, pimps and hustlers.

Peace out.