Express (EXPR) Tops Q4 EPS by 3c, Comps Decline 6%
Express (NYSE: EXPR) reported Q4 EPS of $0.19, $0.03 better than the analyst estimate of $0.16. Revenue for the quarter came in at $628.4 million versus the consensus estimate of $629.63 million.
Comparable sales (including e-commerce sales) decreased 6%, compared to a 1% decrease in the fourth quarter of 2017.
GUIDANCE:
Express sees Q1 2019 EPS of ($0.27)-($0.34), may not compare versus the consensus of ($0.04).
- Comparable Sales (9%) to (11%)
The Company is not issuing full year guidance given the ongoing CEO leadership transition and the current variability in comparable sales trends.
For earnings history and earnings-related data on Express (EXPR) click here.