Express (EXPR) Plans 1-for-20 Reverse Stock Split, Provides Preliminary Q2 Results

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Express, Inc. (EXPR) Provides Preliminary Second Quarter 2023 Results; Announces Further Strategic Actions and Goal to Deliver $200 Million in Annualized Savings by 2025

August 17, 2023 4:15 PM EDT

Second quarter 2023 net sales and diluted loss per share expected to be in the range of previously-announced outlook

Board of Directors authorizes a 1-for-20 reverse stock split

COLUMBUS, Ohio--(BUSINESS WIRE)-- Fashion apparel retailer Express, Inc. (NYSE: EXPR) (the Company) today announced certain preliminary financial results for the second quarter 2023, including net sales which are expected to be in the range of its previously-announced outlook of $400 million to $450 million, and diluted loss per share which is expected to be in the range of its... More