Dress Barn, Inc. Reports Record First Quarter 2011 EPS of $.63

Dress Barn, Inc. DBRN today reports record sales and earnings results for its fiscal first quarter ended October 30, 2010. Net earnings for the fiscal first quarter more than doubled to $48.0 million, or $0.60 per diluted share, compared to net earnings of $21.7 million, or $0.33 per diluted share for the first quarter of fiscal 2010. Net earnings on a non-GAAP basis increased to $50.5 million, or $0.63 per diluted share, compared to net earnings for last year's first quarter of $25.0 million, or $0.38 per share.