ASCENA RETAIL GROUP PROVIDES A BUSINESS UPDATE ON COVID-19
In response to the escalating global spread of COVID-19, the Company will temporarily close all Company-operated retail stores, effective
The brands will continue to operate and serve their customers online at AnnTaylor.com, factory.anntaylor.com, LOFT.com, outlet.loft.com, louandgrey.com, lanebryant.com, Catherines.com, and shopjustice.com during the stores closure period. ascena will continue to monitor the global spread of COVID-19 and communicate with its stakeholders to the extent there are any updates to this timeline.
Third Quarter 2020 Earnings Guidance Update
Given the uncertain impact of COVID-19, ascena is withdrawing its third quarter guidance issued in its second quarter earnings release filed on Form 8-K on
Certain statements made within this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially. Forward-looking statements are statements related to future, not past, events, and often contain words such as "expect," "anticipate," "intend," "plan," "believe," "seek," "see," "will," "would," "estimate," "forecast," "target," "preliminary," or "range". The Company does not undertake to publicly update or review its forward-looking statements even if experience or future changes make it clear that its projected results expressed or implied will not be achieved. Detailed information concerning a number of factors that could cause actual results to differ materially from the information contained herein is readily available in the Company’s most recent Annual Report on Form 10-K.
About ascena retail group, inc.
For more information about ascena retail group, inc. visit: ascenaretail.com, AnnTaylor.com, factory.anntaylor.com, LOFT.com, outlet.loft.com, louandgrey.com, lanebryant.com, Catherines.com, and shopjustice.com.
|CONTACT:||For investors:||For media:|
|ascena retail group, inc.|
|Managing Director||Corporate Communications|
|(646) 277-1214||(212) 541-3418|
|Senior Vice President|