EXPR - Earnings announcements

Express, Inc. (NYSE:EXPR) ("Express" or the "Company") today announced that it received notification from the New York Stock Exchange ("NYSE") indicating that the common stock of the Company will be delisted, and trading of its common stock on the NYSE was suspended, after market close on March 6, 2024. The Company's common stock will now trade publicly on the OTC Pink® Market under the symbol "EXPR". This transition to the over-the-counter market will not affect the Company's business operations or its U.S. Securities and Exchange Commission reporting obligations, and it does not conflict with or cause an event of default under any of the Company's material debt or other agreements. Th

Reiterates $80 million in savings in 2023, delivered $30 million in savings in the third quarter of 2023 Reiterates goal to deliver $200 million in annualized savings by 2025 Fashion apparel retailer Express, Inc. (NYSE:EXPR), announced its financial results for the third quarter of 2023. These results, which cover the thirteen weeks and thirty-nine weeks ended October 28, 2023, are compared with the thirteen weeks and thirty-nine weeks ended October 29, 2022. "During the past three months, I have had the opportunity to assess our operating capabilities, organizational structure and processes, marketing and customer acquisition abilities, and merchandise and product strategies," said

Fashion apparel retailer Express, Inc. (NYSE:EXPR) today announced that the Company will report its third quarter 2023 financial results on Thursday, November 30, 2023, at 9:00 a.m. Eastern Time (ET). Earlier that morning, the Company will issue a press release detailing those results. The conference call will be hosted by Stewart Glendinning, Chief Executive Officer, and Mark Still, Interim Chief Financial Officer. Investors and analysts interested in participating in the earnings call are invited to dial (888) 550-5723 approximately ten minutes prior to the start of the call. The conference call will also be webcast live at www.express.com/investor. A telephone replay of this call will

Second quarter 2023 net sales and diluted loss per share in the range of previously announced outlook Reiterates plans to realize $120 million in annualized savings in 2024 and goal to deliver $200 million in annualized savings by 2025 Bolsters liquidity with new $65 million term loan Fashion apparel retailer Express, Inc. (NYSE:EXPR), announced its financial results for the second quarter of 2023. These results, which cover the thirteen weeks ended July 29, 2023, are compared with the thirteen weeks ended July 30, 2022. On August 30, 2023, the Company implemented a 1-for-20 reverse stock split. All shares of the Company's common stock contained in its consolidated financial stateme

Fashion apparel retailer Express, Inc. (NYSE:EXPR) today announced that the Company will report its second quarter 2023 financial results on Wednesday, September 6, 2023, at 8:30 a.m. Eastern Time (ET). Earlier that morning, the Company will issue a press release detailing those results. The conference call will be hosted by Tim Baxter, Chief Executive Officer, and Jason Judd, Chief Financial Officer. Investors and analysts interested in participating in the earnings call are invited to dial (888) 550-5723 approximately ten minutes prior to the start of the call. The conference call will also be webcast live at www.express.com/investor. A telephone replay of this call will be available be

Second quarter 2023 net sales and diluted loss per share expected to be in the range of previously-announced outlook Board of Directors authorizes a 1-for-20 reverse stock split Fashion apparel retailer Express, Inc. (NYSE:EXPR) (the "Company") today announced certain preliminary financial results for the second quarter 2023, including net sales which are expected to be in the range of its previously-announced outlook of $400 million to $450 million, and diluted loss per share which is expected to be in the range of its previously-announced outlook of $0.50 to $0.60. "We expect second quarter net sales and diluted loss per share to be within the ranges of our outlook. Net sales for th

Company has implemented $25 million of expense savings in 2023 and previously disclosed annualized savings of $40 million. Fashion apparel retailer Express, Inc. (NYSE:EXPR), announced its financial results for the first quarter of 2023. These results, which cover the thirteen weeks ended April 29, 2023, are compared to the thirteen weeks ended April 30, 2022. "In January, we entered into a transformative strategic partnership with WHP Global and began a bold new chapter for our Company that will be guided by a new corporate strategy. We are transforming EXPR to create shareholder value by focusing on achieving profitable growth in our core Express business, optimizing our omnichannel p

Fashion apparel retailer Express, Inc. (NYSE:EXPR) today announced that the Company will report its first quarter 2023 financial results on Wednesday, May 24, 2023, at 8:00 a.m. Eastern Time (ET). Earlier that morning, the Company will issue a press release detailing those results. The conference call will be hosted by Tim Baxter, Chief Executive Officer, and Jason Judd, Chief Financial Officer. Investors and analysts interested in participating in the earnings call are invited to dial (888) 550-5723 approximately ten minutes prior to the start of the call. The conference call will also be webcast live at www.express.com/investor. A telephone replay of this call will be available beginnin

Full Year 2022 GAAP diluted EPS of $4.25 which reflects the gain on the transaction with WHP Global; adjusted diluted loss per share of $1.21 Fashion apparel retailer Express, Inc. (NYSE:EXPR), announced its financial results for the fourth quarter and full year 2022. These results, which cover the thirteen and fifty-two weeks ended January 28, 2023, are compared to the thirteen and fifty-two weeks ended January 29, 2022. "We delivered full year 2022 diluted earnings per share of $4.25 which reflects the after tax impact of the gain of $409 million recognized upon completing the transaction with WHP Global. This transformative strategic partnership begins a bold, new chapter for our Compa

Fashion apparel retailer Express, Inc. (NYSE:EXPR) today announced that the Company will report its fourth quarter and full year 2022 financial results on Friday, March 24, 2023, at 9:00 a.m. Eastern Time (ET). Earlier that morning, the Company will issue a press release detailing those results. The conference call will be hosted by Tim Baxter, Chief Executive Officer, and Jason Judd, Chief Financial Officer. Investors and analysts interested in participating in the earnings call are invited to dial (888) 550-5723 approximately ten minutes prior to the start of the call. The conference call will also be webcast live at www.express.com/investor. A telephone replay of this call will be avail

Capitalizes on Strength of EXPR as a Fully Integrated Omnichannel Platform and WHP Expertise in Acquiring and Growing Global Consumer Brands to Drive Growth WHP to Invest $25 Million to Acquire 5.4 Million Newly Issued Shares of EXPR at $4.60 Per Share, Representing an Approximate 7.4% Pro Forma Ownership EXPR and WHP Form Intellectual Property Joint Venture Valued at Approximately $400 Million with WHP to Invest $235 Million for 60% Ownership, EXPR to Own 40% EXPR Will Continue to Advance EXPRESSway Forward Strategy; Partnership with WHP Will Scale Express Brand Through Category and Global Licensing Expansion Fashion apparel retailer Express, Inc. (NYSE:EXPR) ("EXPR") and WHP Glob

Fashion apparel retailer Express, Inc. (NYSE:EXPR), announced its financial results for the third quarter of 2022. These results, which cover the thirteen weeks ended October 29, 2022, are compared to the thirteen weeks ended October 30, 2021. "The third quarter was tougher than we anticipated and that is reflected in our results. The macroeconomic, consumer and competitive environments were extremely challenging, and became more acute as the quarter progressed," said Tim Baxter, Chief Executive Officer. "Our strategy to elevate our brand through higher average unit retails and reduced promotions, which has driven steady growth for the past five quarters, came up against the consumer's red

Fashion apparel retailer Express, Inc. (NYSE:EXPR) today announced that the Company will report its third quarter 2022 financial results on Thursday, December 8, 2022, at 8:00 a.m. Eastern Time (ET). Earlier that morning, the Company will issue a press release detailing those results. The conference call will be hosted by Tim Baxter, Chief Executive Officer, and Jason Judd, Chief Financial Officer. Investors and analysts interested in participating in the earnings call are invited to dial (888) 550-5723 approximately ten minutes prior to the start of the call. The conference call will also be webcast live at www.express.com/investor. A telephone replay of this call will be available beginn

Express, Inc. (NYSE:EXPR), a leading fashion apparel retailer, today announced that the Company will report its second quarter 2022 financial results on Wednesday, August 31, 2022 at 9:00 a.m. Eastern Time (ET). Earlier that morning, the Company will issue a press release detailing those results. The conference call will be hosted by Tim Baxter, Chief Executive Officer, and Jason Judd, Chief Financial Officer. Investors and analysts interested in participating in the earnings call are invited to dial (888) 550-5723 approximately ten minutes prior to the start of the call. The conference call will also be webcast live at www.express.com/investor. A telephone replay of this call will be avai

30% increase in net sales; 31% increase in consolidated comparable sales 21% growth in eCommerce demand; on track to achieve goal of $1.0 billion in eCommerce demand by 2024 640 basis point gross margin expansion despite a $6.0 million impact related to supply chain challenges Recorded the highest number of active Express Insider loyalty program members in the Company's history Raises full year comparable sales outlook to an increase of 8% - 10% and provides outlook for a mid-single digit increase in second quarter comparable sales Fashion apparel retailer Express, Inc. (NYSE:EXPR), announced its financial results for the first quarter of 2022. These results, which cover the thir

Express, Inc. (NYSE:EXPR), a leading fashion apparel retailer, today announced that the Company will report its first quarter 2022 financial results on Wednesday, May 25, 2022 at 9:00 a.m. Eastern Time (ET). Earlier that morning, the Company will issue a press release detailing those results. The conference call will be hosted by Tim Baxter, Chief Executive Officer, and Jason Judd, Chief Financial Officer. Investors and analysts interested in participating in the earnings call are invited to dial (888) 550-5723 approximately ten minutes prior to the start of the call. The conference call will also be webcast live at www.express.com/investor. A telephone replay of this call will be availabl

Fourth quarter positive comparable sales and gross margin expansion exceeded expectations Net sales increased 38% in the fourth quarter compared to 2020. Consolidated comparable sales increased 43% compared to 2020 and 4% compared to 2019 Strong growth in fourth quarter eCommerce demand of 33% versus 2020 and 21% versus 2019; on track to achieve goal of $1 billion in eCommerce demand by 2024 Generated positive full year operating income driven by operating income of $10 million in the fourth quarter Generated full year EBITDA of $65 million and operating cash flow of $89 million Provides first quarter and full year 2022 outlook, and expects comparable sales to increase 25% - 3

Express, Inc. (NYSE:EXPR), a leading fashion apparel retailer, today announced that the Company will report its fourth quarter and full year 2021 financial results on Wednesday, March 9, 2022 at 9:00 a.m. Eastern Time (ET). Earlier that morning, the Company will issue a press release detailing those results. The conference call will be hosted by Tim Baxter, Chief Executive Officer, and Matt Moellering, President, Chief Operating Officer and Interim Chief Financial Officer. Investors and analysts interested in participating in the earnings call are invited to dial (888) 550-5723 approximately ten minutes prior to the start of the call. The conference call will also be webcast live at http:/

Company provides improved outlook for fourth quarter and full year 2021 based on strength of third quarter results and momentum of EXPRESSway Forward strategy Third quarter net sales increased 47% compared to 2020. Consolidated comparable sales increased 46% compared to 2020 and 3% compared to 2019 Strong growth in eCommerce demand of 26% versus 2020 and 21% versus 2019; well positioned to achieve goal of $1.0 billion in eCommerce demand by 2024 Diluted earnings per share of $0.19, $0.17 on an adjusted basis, and net income of $13 million or $12 million on an adjusted basis compared to losses in both 2020 and 2019 EBITDA of $32 million improved $125 million versus Q3 2020 and $18

Express, Inc. (NYSE:EXPR), a leading fashion apparel retailer, today announced that the Company will report its third quarter 2021 financial results on Thursday, December 2, 2021 at 9:00 a.m. Eastern Time (ET). Earlier that morning, the Company will issue a press release detailing those results. The conference call will be hosted by Tim Baxter, Chief Executive Officer, and Matt Moellering, President, Chief Operating Officer and Interim Chief Financial Officer. Investors and analysts interested in participating in the earnings call are invited to dial (877) 683-0508 approximately ten minutes prior to the start of the call. The conference call will also be webcast live at http://www.express.

Company provides improved outlook for second half and full year 2021 based on strength of second quarter results and momentum of EXPRESSway Forward strategy Second quarter net sales of $458 million increased 86% compared to 2020. Consolidated comparable sales increased 42% compared to 2020 and 3% compared to 2019 Company experienced a positive inflection point after the Fourth of July as comparable store sales plus demand significantly accelerated to a +11% comp versus 2019, which has continued into August Strong growth in eCommerce demand of 28% versus 2020 and 20% versus 2019 Diluted earnings per share of $0.15, $0.02 on an adjusted basis, and net income of $10.6 million or $1.7 m

Express, Inc. (NYSE:EXPR), a leading fashion apparel retailer, today announced the following events: The Company will report its second quarter 2021 financial results on Wednesday, August 25, 2021 at 9:00 a.m. Eastern Time (ET). Earlier that morning, the Company will issue a press release detailing those results. The conference call will be hosted by Tim Baxter, Chief Executive Officer, and Perry Pericleous, Senior Vice President and Chief Financial Officer. The Company will host a Virtual Investor Event on Thursday, August 26, 2021 at 11:00 a.m. ET. CEO Tim Baxter, joined by members of the Express senior leadership team, will provide an update on the Company's progress on the Expressw

COLUMBUS, Ohio--(BUSINESS WIRE)--Fashion apparel retailer Express, Inc. (NYSE: EXPR), announced its financial results for the first quarter of 2021. These results, which cover the thirteen weeks ended May 1, 2021, are compared to the thirteen weeks ended May 2, 2020. "First quarter results exceeded our expectations across all channels and drove a $130 million improvement in our operating cash flow," said Tim Baxter, Chief Executive Officer. "We are well positioned for the post pandemic world, we are on track to achieve our goal of $1.0 billion in eCommerce demand by 2024, and I expect that we will return to positive operating cash flow in the second quarter and positive EBITDA in

Company also provides update on strength of Q2 2021 sales performance; store sales plus demand has exceeded 2019 levels quarter to date on a comparable basis First quarter net sales of $346 million increased 64% compared to 2020 and exceeded the Company's expectations Company experienced an inflection point after Easter with Q2 2021 store sales plus demand to date now exceeding 2019 on a comparable basis First quarter eCommerce demand increased over 40% compared to 2020, and has accelerated to over 70% in the second quarter of 2021 to date First quarter operating cash flow improved $130 million versus 2020 Company now expects positive operating cash flow for the year beginning

COLUMBUS, Ohio--(BUSINESS WIRE)--Fashion apparel retailer Express, Inc. (NYSE: EXPR), announced its financial results for the fourth quarter and full year 2020. These results, which cover the thirteen and fifty-two weeks ended January 30, 2021, are compared to the thirteen and fifty-two weeks ended February 1, 2020. “Over the past twelve months, we have effectively managed our liquidity while meaningfully advancing the EXPRESSway Forward strategy. We took appropriate action and made progress despite extraordinary circumstances and market conditions,” said Tim Baxter, Chief Executive Officer. “We are well positioned to accelerate in 2021. I expect sales to continue improving seque

COLUMBUS, Ohio--(BUSINESS WIRE)--Fashion apparel retailer Express, Inc. (NYSE: EXPR), announced its financial results for the third quarter of 2020. These results, which cover the thirteen weeks ended October 31, 2020, are compared to the thirteen weeks ended November 2, 2019. “In the third quarter, we continued to advance the EXPRESSway Forward strategy while taking decisive and appropriate action to manage our liquidity. Our eCommerce business continues to gain momentum and the new fashion product that fully reflects the Express Edit viewpoint is outpacing the balance of our assortment,” said Tim Baxter, Chief Executive Officer. “We have effectively managed that which was withi