By  on December 17, 2009

Dress Barn Inc. on Wednesday raised its guidance for fiscal 2010 profits by 15 cents and said it has been buoyed by consumers trading down from other retailers and better-than-expected performances at its Dress Barn, Maurices and Justice divisions.

“All three are value priced. They are not focused on premier or down-and-dirty budget prices,” David Jaffe, president and chief executive officer, said at the $2.5 billion company’s investor meeting in New York.

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