Despite doubling its share price since the company experienced operational issues in the third quarter of last year, Express Inc. (NYSE:EXPR) still appears to have more upside potential than downside risk. Even after providing strong results in the past two quarters and making progress on several key growth initiatives, the company is still being held at least a 20% discount to fair value based on multiple methodologies.
A specialty apparel and accessory retailer, Express offers high quality, fashion-forward items at strong value price points to women and men between ages 20 and 30. Express was spun off from L Brands Inc., (LTD) and began trading publicly in May 2010. It currently operates 620 stores in the...
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