Ascena Retail Group, Inc. Announces Fiscal 2011 Third Quarter Financial Results Conference Call on Wednesday May 25, 2011

Ascena Retail Group, Inc. (NASDAQ: ASNA) today announces the release of its fiscal 2011 third quarter financial results on Wednesday, May 25, 2011. Results will be released over Business Wire at approximately 4:00 P.M. Eastern Time. The Company will also host a conference call at 4:30 P.M. Eastern Time to review its results, which will include comments by David R. Jaffe, President & CEO and Armand Correia, Executive Vice President & CFO followed by a question and answer session.

Parties interested in participating in this call should dial in at (617) 213-8064 prior to the start time, the passcode is 90119640. The call will also be simultaneously broadcast at www.ascenaretail.com. A recording of the call will be available shortly after its conclusion and until June 25, 2011 by dialing (617) 801-6888, the passcode is 57765981.

About Ascena Retail Group, Inc.

Ascena Retail Group, Inc. was created as a public company effective January 1, 2011. The Company is a leading national specialty retailer of apparel for women and tween girls, operating, through its wholly-owned subsidiaries, the dressbarn, maurices and Justice brands. The Company operates through its subsidiaries nearly 2,500 stores throughout the United States and Canada, with revenues of over $2.8 billion.

dressbarn stores offer casual, career, special occasion fashion apparel and accessories at value prices for women ages 35-55, operating 834 stores in 47 states. maurices stores offer casual and career apparel and accessories at great values to the fashion-conscious woman, ages 17-34 with a 20-something attitude, and operate 767 stores in 44 states. Justice stores offer trend-right apparel and accessories at value prices for tween girls ages 7-14 and operate 890 stores in 46 states, Puerto Rico and Canada.

For more information, visit www.ascenaretail.com, www.dressbarn.com, www.maurices.com and www.shopjustice.com.

Ascena Forward-Looking Statement Disclosure

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. The Company does not undertake to publicly update or review its forward-looking statements even if experience or future changes make it clear that our 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 on Dress Barn’s most recent report on Form 10-K/A for the year ended July 31, 2010 and Ascena Retail Group, Inc.’s Form 10-Q for the quarter ended January 29, 2011.

Contacts:

Ascena Retail Group, Inc.
Investor Relations
845-369-4600

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