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Despite Profit Fall, Express Beats Q1 Expectations
Columbus, OH—Express Inc.’s first quarter earnings fell 23% as the youth-oriented fashion retailer posted flat comparable store sales and higher expenses. But Express still managed to top analysts’...
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Promising Year for Express as Q2 Profit, Sales Increase
Columbus, OH—In an retail earnings season that has largely proved disappointing, Express Inc. today reported a 6.8% rise in its second quarter profits and a promising start of back to school. As a...
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Week in Review: 10 News Must-Reads
New York—For many, the big M this week was all about Miley Cyrus, the ex-Disney-star-turned-twerking-vamp whose antics at the VMAs dominated conversations from the water cooler to newspaper editorial...
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Express Lowers Full Year Forecast on Holiday Promotion Fears
Columbus, OH—Express Inc. today reported a weaker-than-expected 11% rise in third quarter profit and forecast lower full year profits as discounts will cut into its holiday profits. The news spooked...
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Week in Review: Holiday Season Must-Reads
New York—It was a colorful week—what with all the extended Black Friday sales and a record setting day of online sales for Cyber Monday (Dec. 2). Still, it turned out to be a red week for many...
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Snow & Bows!
LOCATION: Upstate, NY Dress: Express, Booties: Ann Taylor, Gloves: Echo Design (similar), Necklaces: c/o Gerard Yosca, Sunnies: c/o Warby Parker Ice, snow and bows, oh my! It’s been a chilly start to...
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Post Holiday Blues: Bon-Ton, Stage Stores, Lululemon, Express Lower Forecasts
●Bon-Ton Stores said Friday that bad weather conditions in many of its selling areas hurt its December comparable stores sales and as a result the department store retailer cut its earnings forecast....
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Week in Review: Top Must-Read Articles
New York—It wasn’t as frigid this week as last, but many retailers probably felt a chill. Citing reasons such as light traffic, heavy promotions, winter storms etc., a spate of retailers lowered their...
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Express Q4 Profit Falls, Hit by Promotions
Columbus, OH—Express Inc. today revealed a worse-than-expected 25% drop in its fourth quarter earnings along with a weak forecast ahead citing “an extremely difficult” start to this year. For its...
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Express Debuts First of 30 Factory Outlets
New York—Express Inc. has been in an expansion mode, but this week the young adult specialty retailer launched its first factory outlet store situated at the Tanger Outlets National Harbor in...
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Sycamore Partners Seeks Greater Stake in Express Inc.
Columbus, OH—Express, Inc. confirmed Thursday that it has received a letter from Sycamore Partners, which owns approximately 9.9% of Express’ outstanding shares, indicating that Sycamore Partners is...
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Express Q2 Earnings and Sales Slide, But Forecast Rises
Columbus, OH—Express Inc. has booked a 59% drop in second-quarter earnings and sales but said the opportunity remains to drive improvements in both in the second half. Net income in the three months...
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Express, Sycamore Partners End LBO Talks
Columbus, OH and New York—Express, Inc. and Sycamore Partners today announced that despite having worked together in “good faith towards a transaction over the past several months,” discussions...
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Express Q4 Earnings Beat Expectations as Promotions Reduced
Columbus, OH—Express Inc. reported today that a decline in its fourth quarter profit though it and its holiday sales beat expectations. Promotions lessened and gross margin widened. For the quarter...
View ArticleExpress’ Strong Q4 Overshadowed By Weak Forecast
Columbus, OH—Express today reported a rise in its fourth quarter profit and sales, but forecast its first quarter and full year sales below Wall Street expectations. For the quarter ended Feb. 2, the...
View ArticleNRF Asks U.S. Judge to Reject Swipe Fee Settlement
Washington—The National Retail Federation (NRF) and a broad cross-section of retailers asked a federal judge on Tuesday to reject a proposed settlement of an antitrust lawsuit over credit card swipe...
View ArticleDespite Profit Fall, Express Beats Q1 Expectations
Columbus, OH—Express Inc.’s first quarter earnings fell 23% as the youth-oriented fashion retailer posted flat comparable store sales and higher expenses. But Express still managed to top analysts’...
View ArticlePromising Year for Express as Q2 Profit, Sales Increase
Columbus, OH—In an retail earnings season that has largely proved disappointing, Express Inc. today reported a 6.8% rise in its second quarter profits and a promising start of back to school. As a...
View ArticleWeek in Review: 10 News Must-Reads
New York—For many, the big M this week was all about Miley Cyrus, the ex-Disney-star-turned-twerking-vamp whose antics at the VMAs dominated conversations from the water cooler to newspaper editorial...
View ArticleExpress Lowers Full Year Forecast on Holiday Promotion Fears
Columbus, OH—Express Inc. today reported a weaker-than-expected 11% rise in third quarter profit and forecast lower full year profits as discounts will cut into its holiday profits. The news spooked...
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