Ascena Retail Group Inc fka ASNAQ

[tdeck]

Anyone have any guesses on the holiday sales figures they will report and their EPS guidance? Would love for them to say they took out another batch of debt with the cash from the sold off inventory from the 544 stores they closed.

Man that still gives me goose bumps 544 rent/electric/labor payments no longer having to be made. Dress Barn hadn't shown a profit in years and losing those lease payments and other costs, will be a big help to bottom line. They made $3.20 per share last Q with them this Q they get an entire month without them and going forward the rest of the year they are completely free of them, that is right around $5.10 per share a year they won't lose.

I am at a loss for a guess, I think revenue will be up 100+ million for the Q YoY minimum, and I think 50 million plus for cash added would love to see them take out some more debt with the cash in a similar deal as before $80 mil for $50 mil or there about.

We shall see Monday/Tuesday I believe they are usually spot on mid Jan and the 14th is on Tuesday pre market would be nice.

Already working with $3.20 in earnings after Q1 would love to up that to $8 per share in earnings for the first half of the year after the holiday Q.

Peace out.