Express Inc profit falls as promotions fail to click

Wed Nov 28, 2012 7:17am EST

Nov 28 (Reuters) - Apparel retailer Express Inc reported a drop in third-quarter profit as promotions failed to resonate with customers.

Net income for the quarter ended Oct. 27 fell to $17.4 million, or 20 cents per share, from $32.7 million, or 37 cents per share, a year earlier.

Revenue fell 4 percent to $468.5 million.

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