With debt weighing on the company, this rumor makes sense.
News & Analysis: Ascena Retail Group
Shares of the struggling retailer slipped on a selloff across the retail industry.
The apparel retail leader had a tough month, but better days could be ahead.
The struggling retailer has found a buyer for one of its underperforming brands.
A downgrade by a credit rating agency adds to the woes.
ASNA earnings call for the period ending February 2, 2019.
Earnings and other bad news kept these stocks out of today's rally.
A tough retail environment takes its toll.
It's called an "earnings warning," but it's also kind of a debt warning.
Shares of the Ann Taylor parent surged on reports of strong holiday sales in the apparel industry.