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

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 -4,255.7%. Following is Stage Stores Inc with a ROE of -4,016.7%. Destination Xl G ranks third lowest with a ROE of -2,086.1%.

Stein Mart Inc follows with a ROE of -1,835.4%, and Genesco Inc rounds out the bottom five with a ROE of -1,279.5%.

SmarTrend recommended that its subscribers protect gains by selling shares of Ascena Retail Gr on February 28th, 2020 by issuing a Downtrend alert when the shares were trading at $3.66. Since that call, shares of Ascena Retail Gr have fallen 48.0%. 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 stage stores inc destination xl g stein mart inc genesco inc

Ticker(s): ASNA SSI DXLG SMRT GCO