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Express, Inc. (EXPR)

- NYSE
  • Wed, Aug. 26, 7:23 AM
    • Express (NYSE:EXPR) reports comparable-store sales rose 7% in Q2.
    • E-commerce sales grew 21% to $75M.
    • Gross margin increased 480 bps to 33.1%.
    • Merchandise margins +240 bps during the quarter
    • SG&A expense rate +90 bps to 26.2%.
    • Operating margin rate rose 370 bps to 6.7%.
    • Inventory +13.4% to $272.01M.
    • Store count +11 Q/Q to 637.
    • Q3 Guidance: Comparable sales: Mid single digits growth; Tax rate: ~39%; Interest expense, net: $1.2M; Net income: $22M to $25M; Diluted EPS: $0.26 to $0.29; Shares outstanding: 85.7M; Store count: 654.
    • FY2015 Guidance: Comparable sales: Mid single digits growth; Tax rate: ~39%; Interest expense, net: $15.9M; Net income: $105M to $111M; Adjusted net income: $111M to $117M; Diluted EPS: $1.23 to $1.30; Adjusted EPS: $1.30 to $1.37; Shares outstanding: 85.5M; Capex: $114M to $119M; Store count: 656.
    | Wed, Aug. 26, 7:23 AM | Comment!
  • Wed, Aug. 26, 7:02 AM
    • Express (NYSE:EXPR): Q2 EPS of $0.25 beats by $0.09.
    • Revenue of $535.58M (+11.3% Y/Y) beats by $30.75M.
    • Press Release
    | Wed, Aug. 26, 7:02 AM | Comment!
  • Tue, Aug. 25, 5:30 PM
  • Thu, May 28, 7:11 AM
    • Express (NYSE:EXPR) reports comparable-store sales rose 7% in Q1.
    • E-commerce sales were up 12% to $77.6M during the period.
    • Gross margin +330 bps to 33.1% as sales leverage reduced the impact of costs.
    • The company's merchandise margin also improved by 200 bps.
    • Inventory +10.3% to $265.91M.
    • Store count -15 Q/Q to 626.
    • Guidance: Express expects Q2 EPS of $0.14-$0.16 vs. $0.12 consensus.
    • Previously: Express beats by $0.08, beats on revenue
    | Thu, May 28, 7:11 AM | Comment!
  • Thu, May 28, 7:04 AM
    • Express (NYSE:EXPR): Q1 EPS of $0.22 beats by $0.08.
    • Revenue of $502.4M (+9.1% Y/Y) beats by $14.88M.
    • Press Release
    | Thu, May 28, 7:04 AM | Comment!
  • Wed, May 27, 5:30 PM
  • Wed, Mar. 11, 7:29 AM
    • Express (NYSE:EXPR) reports comparable-store sales fell 2% in Q4.
    • E-commerce sales were up 4% Y/Y to $144.3M.
    • Gross margin rate -30 bps to 31.7% as higher rent and depreciation expenses factored in.
    • SG&A expense rate +90 bps to 21.0%.
    • Merchandise margins improved by 70 bps during the quarter
    • Inventory +13.4% to $241.06M.
    • Guidance: The company sees Q1 EPS of $0.11-$0.14 vs $0.11 consensus.
    • EXPR +7.0% premarket.
    | Wed, Mar. 11, 7:29 AM | Comment!
  • Wed, Mar. 11, 7:08 AM
    • Express (NYSE:EXPR): Q4 EPS of $0.49 beats by $0.03.
    • Revenue of $725.8M (+1.4% Y/Y) beats by $12.86M.
    • Press Release
    | Wed, Mar. 11, 7:08 AM | Comment!
  • Tue, Mar. 10, 5:30 PM
  • Dec. 4, 2014, 7:37 AM
    • Express (NYSE:EXPR) reports comparable-store sales fell 5% in Q3 to miss the expectation of analysts for a 3% dip.
    • E-commerce sales were up 11% in the period.
    • Gross margin rate -110 bps to 31.7% on higher buying and occupancy costs in relation to sales.
    • SG&A expense rate -10 bps to 25.4%.
    • Inventory +2.1% to $350.27M.
    • Q4 guidance: EPS of $0.38-$0.45 expected. Comparable sales in a negative mid to high single digit rate seen.
    • Full-year guidance: EPS of $0.69-$0.76 projected vs. $0.82 consensus. Comp sales at a negative mid to high single digit rate.
    • EXPR -10.3% premarket.
    | Dec. 4, 2014, 7:37 AM | Comment!
  • Dec. 4, 2014, 7:02 AM
    • Express (NYSE:EXPR): Q3 EPS of $0.17 beats by $0.01.
    • Revenue of $497.61M (-1.2% Y/Y) misses by $2.13M.
    • Press Release
    | Dec. 4, 2014, 7:02 AM | Comment!
  • Dec. 3, 2014, 5:30 PM
  • Aug. 27, 2014, 7:15 AM
    • Express (NYSE:EXPR) reports comparable-store sales fell 5% in Q2.
    • Revenue growth: Americas +9% to $484M; Asia-Pacific +14% to $237M; Europe +8% to $120M; Japan -13% to $119M.
    • Gross margin rate -280 bps to 28.3%. A decline in merchandise margin and higher occupancy costs as a percentage of sales impacted results.
    • SG&A expense ratio +100 bps to 25.3%.
    • Inventory +12.9% to $239M.
    • EXPR +1.8% premarket.
    | Aug. 27, 2014, 7:15 AM | Comment!
  • Aug. 27, 2014, 7:04 AM
    • Express (NYSE:EXPR): Q2 EPS of $0.08 beats by $0.08.
    • Revenue of $481.4M (-1.8% Y/Y) beats by $24.3M.
    • Press Release
    | Aug. 27, 2014, 7:04 AM | Comment!
  • Aug. 26, 2014, 5:30 PM
  • May 29, 2014, 4:02 PM
    • Express (EXPR): Q1 EPS of $0.06 misses by $0.08.
    • Revenue of $460.7M (-9.6% Y/Y) misses by $3.36M.
    • Shares -5.4%.
    • Press Release
    | May 29, 2014, 4:02 PM | Comment!
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Company Description
Express, Inc., is a specialty apparel and accessory retailer offering both women's and men's merchandise. The Company operates in single segment which is Express brick-and-mortar retail stores and e-commerce operations.
Sector: Services
Industry: Apparel Stores
Country: United States