SUFFERN, N.Y.--(BUSINESS WIRE)-- Ascena Retail Group, Inc. will be presenting at Piper Jaffray's 33rd Annual Consumer Conference at The New York Palace on Wednesday, June 12, 2013 at 9:55 a.m.

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Ascena Retail Group, Inc. (NASDAQ:ASNA) will be presenting at Piper Jaffray's 33rd Annual Consumer Conference at The New York Palace on Wednesday, June 12, 2013 at 9:55 a.m.

SUFFERN, N.Y., May 22, 2013 (BUSINESS WIRE) -- Ascena Retail Group, Inc. (NASDAQ - ASNA) today announces the release of its Fiscal 2013 third quarter financial results on Wednesday, June 5, 2013.

Ascena Retail Group Inc. (NASDAQ:ASNA) a company that through its subsidiaries, operates as a specialty retailer of apparel for women and tween girls closed down in its previous session (-0.66%) on 2,612,192 shares traded after Ascena Retail Group, Inc.

Shares of Ascena Retail Group Inc (NASDAQ:ASNA) opened at $18.05 with 158.66 million outstanding shares and touched its highest price of $18.30 during the day and then finished at $18.13 by scoring -8.71%.

Ascena Retail Group (NASDAQ: ASNA) had its price objective lowered by Piper Jaffray from $25.00 to $24.00 in a research report released on Thursday morning, StockRatingsNetwork reports.

Ascena Retail Group has set its FY13 guidance at $1.20-1.30 EPS. On average, analysts predict that Ascena Retail Group will post $1.27 earnings per share for the current fiscal year.

Suffern, N.Y.-based Ascena Retail Group Inc. (NASDAQ:ASNA) - owner of the Justice and Lane Bryant chains, both of which are based here - is consolidating its distribution operations for its 3,800 stores and five brands in Licking County.

Ascena Retail Group Inc (NASDAQ:ASNA) reported that its fiscal Q3 earnings dropped 37% as the women's apparel retailer recorded higher costs and acquisition-related costs, masking revenue growth.