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

Dress Barn, Inc. (NASDAQ: 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.