Express (EXPR) Misses Q2 EPS by 4c: Comps Miss Estimates; Issues Light Q3, FY16 EPS Outlook

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/15/2026

1. DPZ
2. NVDA
3. DRS
4. GS
5. ACI
6. BAC
7. JPM
8. AVAV
9. UNH
10. ORCL

Go back to Express (EXPR) Misses Q2 EPS by 4c: Comps Miss Estimates; Issues Light Q3, FY16 EPS Outlook

Express, Inc. Reports Second Quarter 2016 Results; Introduces Third Quarter Outlook and Revises Full Year 2016 Outlook

August 24, 2016 6:45 AM EDT

Net sales decreased 6% to $504.8 million. Diluted EPS was $0.13. Total inventory was down 6% with retail inventory down 9%.

COLUMBUS, Ohio--(BUSINESS WIRE)-- Express, Inc. (NYSE: EXPR), a specialty retail apparel company, announced its financial results for the second quarter of 2016. These results, which cover the thirteen and twenty-six week periods ended July 30, 2016, are compared to the thirteen and twenty-six week periods ended August 1, 2015.

David Kornberg, the Companys President and Chief Executive Officer, stated: I am... More