Express (EXPR) Tops Q4 EPS by 1c; Issues Light Outlook for Q1, FY13
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Express (NYSE: EXPR) reported Q4 EPS of $0.75, $0.01 better than the analyst estimate of $0.74. Revenue for the quarter came in at $728.7 million versus the consensus estimate of $722.38 million.
Comparable sales, which compares the fourteen week period ended February 2, 2013 to the fourteen week period ended February 4, 2012 and is inclusive of e-commerce sales, increased 1.5%, following a 5% increase in the fourth quarter of 2011.
Express sees Q1 2013 EPS of $0.34-$0.38, versus the consensus of $0.46. Sees comparable sales, including e-commerce, to range from flat to down low single digits compared to an increase of 4% in the first quarter of 2012.
Express sees FY2013 EPS of $1.40-$1.54, versus the consensus of $1.58. Sees comparable sales, including e-commerce, to increase low single digits compared to a flat performance in 2012.
For earnings history and earnings-related data on Express (EXPR) click here.
Comparable sales, which compares the fourteen week period ended February 2, 2013 to the fourteen week period ended February 4, 2012 and is inclusive of e-commerce sales, increased 1.5%, following a 5% increase in the fourth quarter of 2011.
Express sees Q1 2013 EPS of $0.34-$0.38, versus the consensus of $0.46. Sees comparable sales, including e-commerce, to range from flat to down low single digits compared to an increase of 4% in the first quarter of 2012.
Express sees FY2013 EPS of $1.40-$1.54, versus the consensus of $1.58. Sees comparable sales, including e-commerce, to increase low single digits compared to a flat performance in 2012.
For earnings history and earnings-related data on Express (EXPR) click here.
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