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Latest Key Developments (Source: Significant Developments)

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

Express Announces New $100 Million Share Repurchase Program
Wednesday, 9 Dec 2015 04:51pm EST 

Express Inc:approved a new share repurchase program for up to $100 million of the Company's outstanding common stock.This new program succeeds the Company's prior share repurchase program, which expired on November 28, 2015 and under which the Company repurchased approximately 2.1 million shares for a total cost of $40 million.Share repurchases will be funded using the Company's available cash, including cash on hand or cash available under the Company's revolving credit facility, and are expected to be executed over the next 12 months.  Full Article

Express Inc gives Q3 2015 earnings guidance; raises FY 2015 earnings guidance
Wednesday, 26 Aug 2015 07:00am EDT 

Express Inc:Sees Q3 2015 Comparable Sales +Mid single digits.Sees Q3 2015 Net Income $22 to $25 million.Sees Q3 2015 Diluted Earnings Per Share (EPS) $0.26 to $0.29.Sees FY 2015 Comparable Sales +Mid single digits.Sees FY 2015 Adjusted Net Income $111 to $117 million.Sees FY 2015 Diluted EPS $1.23 to $1.30.Sees FY 2015 Adjusted Diluted EPS $1.30 to $1.37.  Full Article

Express Inc announces management change
Monday, 6 Jul 2015 05:00pm EDT 

Express Inc:Says Perry pericleous, previously vice president, Finance has been promoted to senior vice president, chief financial officer.Says Pericleous succeeds Paul Dascoli.  Full Article

Express Inc gives Q2 2015 guidance; updates on FY 2015 guidance
Thursday, 28 May 2015 07:00am EDT 

Express Inc:Sees Q2 2015 comparable sales to be at +Low single digits.Sees Q2 2015 Net Income to be between $11 million to $14 million.Sees Q2 2015 Diluted Earnings Per Share (EPS) between $0.13 to $0.16.Sees FY 2015 comparable sales to be at +Low single digits.Sees FY 2015 Net Income between $89 mln to $98 mln.Sees FY 2015 diluted EPS between $1.04 to $1.15.Sees FY 2015 Adjusted Diluted EPS $1.11 to $1.22.  Full Article

Express Inc gives Q1, FY 2015 comparable sales guidance; gives Q1, FY 2015 earnings guidance in line with analysts' estimates
Wednesday, 11 Mar 2015 07:00am EDT 

Express Inc:Expects Q1 2015 comparable sales in the range of Low to mid single digits.Expects Q1 2015 net income in the range of $3 to 6 million.Expects Q1 2015 adjusted net income in the range of $9 to $12 million.Expects Q1 2015 diluted earnings per share (EPS) in the range of $0.04 to $0.07.Expects Q1 2015 adjusted diluted EPS in the range of $0.11 to $0.14.Expects FY 2015 comparable sales in the range of +Low single digits approx. 40pct.Expects FY 2015 net income in the range of $73 to $85 million.Expects FY 2015 adjusted net income in the range of $79 to $91 million.Expects FY 2015 diluted earnings per share (EPS) in the range of $0.86 to $1.00.Expects FY 2015 adjusted diluted EPS in the range of $0.93 to $1.07.Q1 2015 net income of $9 million and EPS of $0.11 - Thomson Reuters I/B/E/S.FY 2015 net income of $83 million and EPS of $0.99 - Thomson Reuters I/B/E/S.  Full Article

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Wall Street little changed as bank rally pauses

U.S. stocks ended little changed on Friday after a payrolls report did little to recast expectations for an interest rate hike from the Federal Reserve this month and bank stocks cooled to round out their fourth straight week of gains. | Video