Express (EXPR) Misses Q2 EPS, Revenue; Reaffirms Guidance

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Go back to Express (EXPR) Misses Q2 EPS, Revenue; Reaffirms Guidance

Express, Inc. (EXPR) Reports Second Quarter 2023 Results; Reaffirms Full Year 2023 Outlook

September 6, 2023 6:30 AM EDT

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

Reiterates plans to realize $120 million in annualized savings in 2024 and goal to deliver $200 million in annualized savings by 2025

Bolsters liquidity with new $65 million term loan

COLUMBUS, Ohio--(BUSINESS WIRE)-- Fashion apparel retailer Express, Inc. (NYSE: EXPR), announced its financial results for the second quarter of 2023. These results, which cover the thirteen weeks ended July 29, 2023, are compared with the thirteen weeks ended July 30,... More