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Express Inc (EXPR.N)

EXPR.N on New York Stock Exchange

10.91USD
21 Sep 2018
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$-0.02 (-0.18%)
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Latest Key Developments (Source: Significant Developments)

Express Inc ‍Q4 Comparable Sales Expected In Range Of -1% to -2%
Tuesday, 9 Jan 2018 06:45am EST 

Jan 9 (Reuters) - Express Inc ::- ‍Q4 COMPARABLE SALES ARE CURRENTLY EXPECTED TO BE IN RANGE OF -1% TO -2%​.EXPRESS - ‍Q4 WAS OFF TO A POSITIVE START IN NOVEMBER AND EARLY DECEMBER, HOWEVER KEY WEEKS LEADING UP TO CHRISTMAS WERE "DISAPPOINTING​".EXPRESS, INC. UPDATES OUTLOOK FOR THE FOURTH QUARTER AND FULL YEAR 2017 IN ADVANCE OF THE 20TH ANNUAL ICR CONFERENCE.SEES Q4 2017 EARNINGS PER SHARE $0.31 TO $0.33.- PERFORMANCE DURING DECEMBER WAS "MOST CHALLENGING IN OUR RETAIL STORES, WHERE TRAFFIC WAS WORSE THAN EXPECTED​".EXPRESS - SEES FY 2017 ADJUSTED NET INCOME IS EXPECTED TO BE IN RANGE OF $0.33 PER DILUTED SHARE TO $0.35 PER DILUTED SHARE.- BASED ON HOLIDAY PERFORMANCE, "LOWERING OUR Q4 AND FULL YEAR 2017 OUTLOOK FOR COMPARABLE SALES AND EPS".- ‍BASED ON CO'S HOLIDAY PERFORMANCE, IS LOWERING ITS Q4 AND FULL YEAR 2017 OUTLOOK FOR COMPARABLE SALES AND EPS​.- ‍FROM A PRODUCT PERSPECTIVE, DRESSES AND SWEATERS WERE PRIMARY DRIVERS OF SALES MISS RELATIVE TO CO'S EXPECTATIONS​.Q4 EARNINGS PER SHARE VIEW $0.43 -- THOMSON REUTERS I/B/E/S.FY EARNINGS PER SHARE VIEW $0.46 -- THOMSON REUTERS I/B/E/S.  Full Article

Express Inc Q3 EARNINGS PER SHARE $0.08
Thursday, 30 Nov 2017 06:45am EST 

Nov 30 (Reuters) - Express Inc ::EXPRESS, INC. REPORTS THIRD QUARTER 2017 COMPS AT THE TOP END OF GUIDANCE; ANNOUNCES $150 MILLION SHARE REPURCHASE PROGRAM.Q3 REVENUE $498.7 MILLION VERSUS I/B/E/S VIEW $488.7 MILLION.Q3 EARNINGS PER SHARE VIEW $0.08 -- THOMSON REUTERS I/B/E/S.Q3 EARNINGS PER SHARE $0.08.- REMAIN ON TRACK TO DELIVER $20 MILLION IN COST SAVINGS IN 2017.- HURRICANE ACTIVITY NEGATIVELY IMPACTED Q3 NET SALES AND EPS BY APPROXIMATELY 1 PCT AND $0.02, RESPECTIVELY.- NARROWS FULL YEAR 2017 GUIDANCE FOR ADJUSTED DILUTED EPS TO $0.43 TO $0.47.- QTRLY E-COMMERCE SALES INCREASED 23 PCT, ACCOUNTING FOR 24 PCT OF NET SALES.- QTRLY COMPARABLE SALES (INCLUDING E-COMMERCE SALES) DECREASED 1 PCT.- SEES 2017 COMPARABLE SALES GROWTH OF NEGATIVE LOW SINGLE DIGITS.- SEES 2017 CAPITAL EXPENDITURES OF $58 MILLION TO $63 MILLION.- SEES FY EPS $0.28 TO $0.32.FY EARNINGS PER SHARE VIEW $0.44 -- THOMSON REUTERS I/B/E/S.- ‍$150 MILLION SHARE REPURCHASE PROGRAM AUTHORIZES CO TO REPURCHASE SHARES OF ITS OUTSTANDING COMMON STOCK USING COMPANY'S AVAILABLE CASH​.  Full Article

Express Inc Q2 loss per share $0.15
Wednesday, 23 Aug 2017 06:45am EDT 

Aug 23 (Reuters) - Express Inc :Express Inc reports second quarter 2017 results at the top end of guidance; introduces third quarter guidance and affirms full year 2017 outlook.Q2 adjusted loss per share $0.01 excluding items.Q2 loss per share $0.15.Q2 same store sales fell 4 percent.Q2 earnings per share view $-0.01 -- Thomson Reuters I/B/E/S.Q2 sales $478.5 million versus I/B/E/S view $474.1 million.Remain on track to deliver $20 million in cost savings in 2017.FY2017 earnings per share view $0.81, revenue view $2.19 billion -- Thomson Reuters I/B/E/S.Sees full year 2017 capital expenditures $60 to $65 million.Sees Q3 earnings per share ‍$0.06 to $0.10​.Sees comparable sales negative low single digits for Q3.Q3 earnings per share view $0.11 -- Thomson Reuters I/B/E/S.  Full Article

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

South African Express to resume flight schedules over the next few weeks

JOHANNESBURG South African state-run airline SA Express said on Friday it would resume its flight schedules in the next few weeks after its air operator certificate was reinstated on Thursday.