Express (EXPR) Tops Q3 EPS by 15c, Revenue Misses Consensus

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Go back to Express (EXPR) Tops Q3 EPS by 15c, Revenue Misses Consensus

Express, Inc. Reports Third Quarter 2021 Results

December 2, 2021 6:45 AM EST

Company 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