MAHWAH, N.J.--(BUSINESS WIRE)--Ascena Retail Group, Inc. (NASDAQ: ASNA) (the “Company”) today announced that it has updated its financial outlook for the quarter and fiscal year ending July 25, 2015 primarily to reflect its recent decision to accelerate its planned merchandise transition at Justice and to incorporate lower than expected top-line performance at Justice and dressbarn. Separately, the Company also announced that in the fourth quarter it expects to take a non-cash, pre-tax goodwill
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