• Return to Headlines

Relatively Low Return on Equity Detected in Shares of Ascena Retail Gr in the Apparel Retail Industry (ASNA, SMRT, DXLG, GCO, SSI)

By David Diaz

Below are the three companies in the Apparel Retail industry with the lowest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Ascena Retail Gr ranks lowest with a ROE of -8,117.3%. Stein Mart Inc is next with a ROE of -4,104.0%. Destination Xl G ranks third lowest with a ROE of -2,375.4%.

Genesco Inc follows with a ROE of -1,279.5%, and Stage Stores Inc rounds out the bottom five with a ROE of -1,030.6%.

SmarTrend recommended that its subscribers protect gains by selling shares of Stage Stores Inc on June 14th, 2018 by issuing a Downtrend alert when the shares were trading at $2.47. Since that call, shares of Stage Stores Inc have fallen 22.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest return on equity ascena retail gr stein mart inc destination xl g genesco inc stage stores inc

Ticker(s): ASNA SMRT DXLG GCO SSI