Express (EXPR) Tops Q2 EPS by 1c

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Express, Inc. Reports Second Quarter 2022 Results

August 31, 2022 6:45 AM EDT

Delivers fifth consecutive quarter of positive comparable sales versus pre-pandemic levels

COLUMBUS, Ohio--(BUSINESS WIRE)-- Fashion apparel retailer Express, Inc. (NYSE: EXPR), announced its financial results for the second quarter of 2022. These results, which cover the thirteen weeks ended July 30, 2022, are compared to the thirteen weeks ended July 31, 2021.

"In the second quarter, we delivered our fifth consecutive quarter of positive comparable sales compared to pre-pandemic levels, drove gross margin expansion of 50 basis points and delivered operating income of $10 million," said Tim Baxter, Chief Executive Officer. "While our performance was... More