Ascena Retail Group Inc (NASDAQ:ASNA) dropped almost 20% to US$2.09, despite the womens' clothing firm posting quarterly earnings, which met expectations. The news was overshadowed by the group posting weak guidance for the upcoming financial quarter. Chief executive David Jaffe called the most recent quarter "disappointing," due to "fashion missteps that we cannot afford in today's environment," hinting that the Ann Taylor parent company is combating the same pressures as are dragging stock of other big name retailers. Elsewhere, Coupa Software Inc (NASDAQ:COUP) saw its shares slide almost 4% to US$32.33, despite it posting better-than-expected quarterly results. The company posted an adjusted loss of 5 cents per share on $47.3 million in revenue. Analysts had expected the company to post an adjusted loss of 11 cents a share on $45.1 million in revenue, according to consensus. Under Armour Inc (NYSE:UAA), the footwear, sports and casual shoes firm, saw shares waver after the New York bell after the firm said it had appointed David Bergman as its new financial chief. Shares closed 1.52% higher to US$13.35. Bergman has been serving as the acting finance chief since early 2017. Last but not least, car parts firm Advance Auto Parts Inc (NYSE:AAP) fell briefly in extended hours after vice president Robert Cushing sold 163 shares of the company. The stock had gained 4.73% earlier in the regular session.
Ascena Retail Group, Coupa Software, Advance Auto Parts - AFTER THE BELL
A look at after hours trade after the bell in New York..