Express news and archive

First Look: Express x Olivia Culpo

American retailer Express has launched an exclusive collection with actress, model and designer Olivia Culpo, which it states is the first in a series of capsule lines to be announced throughout 2019. The Express x Olivia Culpo collection comprises of 32-pieces that aims to offer wardrobe essentials for the girl-on-the-go, and delivers on "GRL...

Report

Express Q3 net sales improve 2 percent

For its third quarter, Express, Inc. net sales increased 2 percent to 515 million dollars, while there was no improvement in comparable sales including e-commerce sales. E-commerce sales increased 26 percent to 149.1 million dollars and on a comparable e-commerce sales increased 23 percent. Gross margin improved 70 basis points to 30.7 percent...

Report

Express reports positive comparable sales growth in Q2

Express, Inc. has reported net sales increase of 3 percent to 493.6 million dollars for the second quarter of 2018. Comparable sales (including e-commerce sales) increased 1 percent, compared to a 4 percent decrease in the second quarter of 2017, while ecommerce sales increased 37 percent year over year to 123.9 million dollars. Commenting on...

Report

Express appoints Winnie Park to its board of directors

Express, Inc. has appointed Winnie Park to its board of directors as a Class III director, following the company’s annual meeting of stockholders on June 13, 2018. Park is currently Chief Executive Officer for Paper Source, Inc., a role she has held since September 2015. With this appointment, the company said, the size of the board has been...

Report

Express reports marginal improvement in Q1 net sales

For the thirteen weeks to May 5, 2018, Express, Inc. reported net sales increased 1 percent to 479.4 million dollars, while comparable sales including ecommerce sales increased 1 percent, compared to a 10 percent decrease in the first quarter of 2017. Ecommerce sales increased 35 percent to 132.6 million dollars, and on a comparable sales basis,...

Retail

Privé Revaux launches at Express

Express Inc. has announced they will now be carrying Privé Revaux eyewear online at Express.com and 50 of their retail stores as of this week. Express customers can find an assortment of Privé Revaux's handcrafted, on-trend frames from the core collection, as well as the recently launched Icon collection. Select optical lenses featuring...

ManagementFeatured

Express narrows comparable sales decline in FY17

Express, Inc. reported net sales increase of 2 percent to 693.8 million dollars from 678.8 million dollars in the fourth quarter of 2016 with a benefit of 26 million dollars from an extra week. Comparable sales including ecommerce sales decreased 1 percent compared to a 13 percent decrease in the fourth quarter of 2016. For the full year, net...

Report

Express expected to post 1.9 percent yearly growth

Equities research analysts expect Express, Inc. (NYSE:EXPR) to announce 691.56 million dollars in sales for the current quarter. Zacks reports that several analysts estimate Express’ earnings to come in between 668.70 million dollars to 713.40 million dollars. Express reported sales of 678.78 million dollars during the same quarter last year,...

Report

Express lowers outlook after challenging Christmas trading

Updating its fourth quarter and full year outlook, Express announced that comparable sales are currently expected to be in the range of negative 1 percent to negative 2 percent and net income to be in the range of 24.5 to 26 million dollars for the fourth quarter. Diluted EPS is expected to be in the range of 0.31 dollar to 0.33 dollar on 79.2...

Report

Express Q3 comparable sales decline narrows

Express net sales for the thirteen weeks ended October 28, 2017 decreased 1 percent to 498.7 million dollars, while comparable sales including e-commerce sales decreased 1 percent, compared to an 8 percent decrease in the third quarter of 2016. Ecommerce sales for the quarter increased 23 percent year over year to 118.2 million dollars....

Report

Express’ stock rallies after strong Q2 earnings and sales

The U.S. retailer enjoyed a price rally during early trading after it posted strong earnings and comparable sales for the second quarter. As a result, the company’s shares gained 20 percent Wednesday morning. The results came in at the highest end of market’s predictions, boosted by strong online sales. “Our e-commerce performance was...

Management

Express Q2 net sales down 5 percent

Express second quarter net sales decreased 5 percent to 478.5 million dollars from 504.8 million dollars in the second quarter of 2016. Comparable sales including e-commerce sales decreased 4 percent, compared to an 8 percent decrease in the same quarter last year, while ecommerce sales increased 28 percent to 90 million dollars. Commenting on...