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Express Inc (EXPR.N)

EXPR.N on New York Stock Exchange

5.70USD
18 Aug 2017
Change (% chg)

$-0.03 (-0.52%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Okumus Fund Management Ltd reports 5.4 pct passive stake in Express Inc
Monday, 19 Jun 2017 09:47am EDT 

June 19 (Reuters) - Express Inc :Okumus Fund Management Ltd reports 5.4 percent passive stake in Express Inc as of June 16 - sec filing.  Full Article

Express Q1 loss per share $0.06
Thursday, 1 Jun 2017 06:45am EDT 

June 1 (Reuters) - Express Inc : :Express Inc reports first quarter 2017 EPS in line with guidance; introduces second quarter guidance and revises full year 2017 outlook.Q1 loss per share $0.06.Q1 sales $467 million versus I/B/E/S view $467.9 million.Q1 earnings per share view $-0.02 -- Thomson Reuters I/B/E/S.Revises full year 2017 outlook.Remain on track to deliver $20 million in cost savings in 2017.Express Inc - inventory at quarter end was $287.5 million compared to $281.3 million at end of prior year's q1, a 2% increase.Sees Q2 2017 comparable sales of negative mid single digits.Express Inc qtrly comparable sales (including e-commerce sales) decreased 10%, compared to a 3% decrease in q1 of 2016.Sees Q2 loss per share of $0.24 to loss of $0.20.Express Inc sees q2 2017 adjusted loss per share $0.03 to adjusted earnings per share $0.01.Q2 earnings per share view $0.08, revenue view $498.0 million -- Thomson Reuters I/B/E/S.Express Inc sees full year 2017 earnings per share of $0.21 to $0.28.Express Inc sees FY 2017 comparable sales in negative low single digits.Express Inc sees full year 2017 adjusted earnings per share $0.41 to $0.48.Express Inc sees full year 2017 capital expenditures of $62 million to $67 million.  Full Article

Express Inc close its 17 stores in canada
Thursday, 4 May 2017 08:35am EDT 

May 4 (Reuters) - Express Inc ::Express Inc - Express to close its 17 stores in Canada.Express Inc - following closings, express will continue to operate 635 stores in U.S..Express Inc - expects closures to impact pre-tax profit on its consolidated financial statements in range of $28 to $34 million in 2017.Express Inc - to facilitate an orderly wind-down of 17 stores, express Canada intends to conduct store closing sales beginning mid-may.Express Inc- will incur charges of approximately $6 million in Q1 of 2017 and remaining $22 to $28 million of exit costs in Q2 of 2017.Express inc - determined that express canada will be deconsolidated from express, inc.Express inc- impact of the exit costs was not included in company's most recently provided guidance.Express Inc - anticipates tax benefits related to exiting canada in range of $14 to $16 million, of which approximately $7 million is expected in q1 of 2017.Express Inc - expects to report impact to net income in range of $14 to $18 million in 2017, of which about a $1 million benefit is expected in q1 of 2017.Express-Challenging canadian retail environment, unfavorable exchange rates prevented co from its meeting expectations.Express Inc - total after tax cash costs to exit canada are expected to be in a range of $8 to $12 million.express Inc - Express Canada filed an application for protection under companies' creditors arrangement act with ontario superior court of justice.  Full Article

Express Inc Q4 EPS $0.29
Wednesday, 8 Mar 2017 06:45am EST 

Express Inc : Express, inc. Reports fourth quarter and full year 2016 results; introduces first quarter and full year 2017 outlook . Q4 earnings per share $0.29 . Q4 sales $678.8 million versus i/b/e/s view $675.9 million . Q4 earnings per share view $0.29 -- Thomson Reuters I/B/E/S . Qtrly comparable sales (including e-commerce sales) decreased 13% . Sees q1 2017 comparable sales negative high single digits . On track to deliver $44 million to $54 million in total cost savings over next three years . Express inc sees full year 2017 capital expenditures $62 to $67 million . Inventory was $241.4 million at end of 2016 compared to $255.4 million at end of 2015, a 5% decrease . Express inc sees for q1 2017 diluted loss per share of $0.04 to earnings per share $0.00 . Sees full year 2017 diluted eps $0.65 to $0.73 .Sees 2017 comparable sales flat to low single digits.  Full Article

Express sees Q4 2016 earnings per share $0.26 to $0.30
Tuesday, 10 Jan 2017 06:45am EST 

Express Inc : Express Inc provides business update, reaffirms EPS guidance for the fourth quarter and full year 2016 in advance of the 19th annual ICR conference . Sees Q4 2016 earnings per share $0.26 to $0.30 . Express Inc sees Q4 comparable sales are currently expected to be negative 13pct . FY comparable sales are expected to be negative 9pct . Express Inc sees full year adjusted net income is expected to be in range of $62 to $65 million, or $0.78 to $0.82 per diluted share . Express Inc sees full year net income is expected to be in range of $55 to $58 million, or $0.70 to $0.74 per diluted share . "our store performance continues to be impacted by challenging mall traffic trends and a more promotional retail environment" . Express Inc - "store performance continues to be impacted by challenging mall traffic trends and a more promotional retail environment" . FY2016 earnings per share view $1.42 -- Thomson Reuters I/B/E/S .Q4 earnings per share view $0.29 -- Thomson Reuters I/B/E/S.  Full Article

Express posts Q3 earnings of $0.15/share
Thursday, 1 Dec 2016 06:45am EST 

Express Inc: Express Inc reports third quarter 2016 results; introduces fourth quarter guidance and revises full year 2016 outlook . Q3 sales $506.1 million versus I/B/E/S view $497.1 million . Q3 earnings per share $0.15 . Q3 earnings per share view $0.13 -- Thomson Reuters I/B/E/S . Express- qtrly comparable sales (including e-commerce sales) decreased 8% . Express inc - sees q4 diluted earnings per share $0.26 to $0.30 . Express- "we expect holiday season to remain challenging as mall traffic and a highly promotional retail environment continue to be headwinds" . Sees comparable sales in negative low double digits for q4 . Express - sees fy adjusted diluted EPS $0.78 to $0.82 . Sees capital expenditures $100 to $105 million for fy2016 . Q4 earnings per share view $0.54 -- Thomson Reuters I/B/E/S . Express - total inventory was down 6% at quarter-end .Fy2016 earnings per share view $1.42 -- Thomson Reuters I/B/E/S.  Full Article

Express expects traffic to remain a headwind
Wednesday, 24 Aug 2016 10:46am EDT 

Express Inc : Sees traffic to remain a headwind - conf call . Lack of clarity across the assortment in quarter, due to too many choices, particularly in women's line - conf call . Made a minority investment in apparel retailer Homage - conf call Further company coverage: [EXPR.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Express Inc Q2 EPS $0.13
Wednesday, 24 Aug 2016 06:45am EDT 

Express Inc : Sees Q3 Comparable Sales Change In Negative High Single To Low Double Digits . Express, Inc. Reports Second Quarter 2016 Results; Introduces Third Quarter Outlook And Revises Full Year 2016 Outlook . Q2 Earnings Per Share $0.13 . Q2 Sales $504.8 Million Versus I/B/E/S View $521 Million . Q2 Earnings Per Share View $0.17 -- Thomson Reuters I/B/E/S . Qtrly Comparable Sales (Including E-Commerce Sales) Decreased 8% . Sees 2016 Diluted EPS $0.91 To $1.05 . Sees 2016 Adjusted Diluted EPS $1.00 To $1.14 . Sees 2016 Capital Expenditures $105 To $110 Million . Sees Q3 Diluted Earnings Per Share $0.09 To $0.15 . Q3 Earnings Per Share View $0.32 -- Thomson Reuters I/B/E/S .Sees 2016 Comparable Sales Change In Negative High Single Digits.  Full Article

Express Q1 earnings per share $0.16
Wednesday, 25 May 2016 06:45am EDT 

Express Inc : Qtrly comparable sales decline 3% . Sees Q2 comparable sales negative mid single digits . Express inc sees full year 2016 comparable sales negative mid to low single digits . Sees Q2 diluted earnings per share $0.15 to $0.19 . Express inc sees full year 2016 diluted EPS $1.32 to $1.45 . Sees FY 2016 adjusted diluted EPS $1.41 to $1.54 . Express inc sees full year 2016 capital expenditures $110 million to $115 million . Fy2016 earnings per share view $1.42, revenue view $2.35 billion -- Thomson Reuters I/B/E/S . Express, Inc. Reports first quarter 2016 results; introduces second quarter outlook and revises full year 2016 outlook . Q1 adjusted earnings per share $0.25 . Q1 earnings per share $0.16 . Q1 sales $502.9 million versus I/B/E/S view $521.1 million .Q1 earnings per share view $0.27 -- Thomson Reuters I/B/E/S.  Full Article

Express Inc raises FY 2015 guidance
Tuesday, 12 Jan 2016 06:31am EST 

Express Inc:Updated its guidance for Q4 and FY 2015, based on its performance during the 2015 holiday season and its expectations for the balance of the period.Says Q4 2015 comparable sales are expected to increase by three percent.Expects Q4 2015 net income to be in the range of $53 to $55 million, or $0.63 to $0.65 per diluted share.Says this compares to the company's previous guidance of a low single digit comparable sales increase and net income of $50 to $54 million, or $0.60 to $0.64 per diluted share.Expects FY 2015 comparable sales to increase in the mid-single digit range.Expects FY 2015 net income is to be in the range of $113 to $115 million, or $1.34 to $1.36 per diluted share.Expects FY 2015 adjusted net income to be in the range of $119 to $121 million, or $1.41 to $1.43 per diluted share.Says this compares to the company's previous guidance of net income of $110 to $114 million, or $1.31 to $1.35 per diluted share, and adjusted net income of $116 to $120 million, or $1.38 to $1.42 per diluted share.  Full Article

BRIEF-Okumus Fund Management Ltd reports 5.4 pct passive stake in Express Inc

* Okumus Fund Management Ltd reports 5.4 percent passive stake in Express Inc as of June 16 - sec filing Source text : http://bit.ly/2tEJd8Z Further company coverage: