Express (EXPR) Tops Q1 EPS by 3c, Offers Outlook
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Express, Inc. Reports First Quarter 2021 Results
June 3, 2021 6:45 AM EDTCompany also provides update on strength of Q2 2021 sales performance; store sales plus demand has exceeded 2019 levels quarter to date on a comparable basis
First quarter net sales of $346 million increased 64% compared to 2020 and exceeded the Company's expectations Company experienced an inflection point after Easter with Q2 2021 store sales plus demand to date now exceeding 2019 on a comparable basis First quarter eCommerce demand increased over 40% compared to 2020, and has accelerated to over 70% in the second quarter of 2021 to... More