Express (EXPR) Tops Q3 EPS by 15c, Revenue Misses Consensus
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Express, Inc. Reports Third Quarter 2021 Results
December 2, 2021 6:45 AM ESTCompany provides improved outlook for fourth quarter and full year 2021 based on strength of third quarter results and momentum of EXPRESSway Forward strategy
Third quarter net sales increased 47% compared to 2020. Consolidated comparable sales increased 46% compared to 2020 and 3% compared to 2019 Strong growth in eCommerce demand of 26% versus 2020 and 21% versus 2019; well positioned to achieve goal of $1.0 billion in eCommerce demand by 2024 Diluted earnings per share of $0.19, $0.17 on an adjusted basis, and net income of $13 million or $12 million on an adjusted basis... More