Express (EXPR) PT Boosted to $24 at Nomura on 'Beat and Raise'
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Express, Inc. Reports Record Second Quarter 2015 Results; Introduces Third Quarter Guidance and Raises Full Year 2015 Outlook
August 26, 2015 7:00 AM EDTCOLUMBUS, Ohio, Aug. 26, 2015 /PRNewswire/ -- Express, Inc. (NYSE: EXPR), a specialty retail apparel company, announced its financial results for the second quarter of 2015. These results cover the thirteen and twenty-six week periods ended August 1, 2015 and compare to the thirteen and twenty-six week periods ended August 2, 2014.
David Kornberg, the Company's President and Chief Executive Officer, noted that, "We delivered record second quarter sales, operating income and diluted earnings per share. Strong fashion supported by brand focused marketing and an elevation of our customer experience drove a 7% increase in comparable sales. Disciplined... More
