Express (EXPR) Misses Q3 EPS, Revenue
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Express, Inc. Reports Third Quarter 2022 Results
December 8, 2022 6:00 AM ESTCOLUMBUS, Ohio--(BUSINESS WIRE)-- Fashion apparel retailer Express, Inc. (NYSE: EXPR), announced its financial results for the third quarter of 2022. These results, which cover the thirteen weeks ended October 29, 2022, are compared to the thirteen weeks ended October 30, 2021.
"The third quarter was tougher than we anticipated and that is reflected in our results. The macroeconomic, consumer and competitive environments were extremely challenging, and became more acute as the quarter progressed," said Tim Baxter, Chief Executive Officer. "Our strategy to elevate our brand through higher average unit retails and reduced promotions, which has... More
