Express (EXPR) Tops Q4 EPS by 1c, Comps Decline 3%, Offers Guidance

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Go back to Express (EXPR) Tops Q4 EPS by 1c, Comps Decline 3%, Offers Guidance

Express, Inc. Reports Fourth Quarter and Full Year 2019 Results; Introduces First Quarter 2020 Outlook

March 11, 2020 6:45 AM EDT

Fourth quarter comparable sales were down 3% Fourth quarter loss per share of $2.21; adjusted diluted earnings per share of $0.19 Strong balance sheet maintained with $207 million in cash and no debt Strategic transformation has begun, including implementation of a new go to market process Cost savings initiatives in progress with approximately $50M expected to be realized in 2020

COLUMBUS, Ohio--(BUSINESS WIRE)-- Express, Inc. (NYSE: EXPR), a leading fashion apparel retailer, announced its financial results for the fourth quarter and full... More