Dress Barn raises full year outlook

SUFFERN, N.Y. Dress Barn announced, during its Investor Day held at the Grand Hyatt in New York City, increased earnings guidance for its fiscal year ending July 31, 2010.

The company raises its diluted earnings per share guidance for fiscal 2010 in the range of $1.35 to $1.45 compared with its previous earnings guidance of $1.20 to $1.30 per diluted share. This fiscal 2010 increased earnings per share guidance is based on better than expected year to date performance at dressbarn, maurices and Justice stores and other various assumptions.