Express Inc. (EXPR) Isn't Broken, Says Goldman Sachs

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FBR Capital Downgrades Express Inc. (EXPR) to Market Perform

March 13, 2014 6:21 AM EDT

FBR Capital downgraded Express Inc. (NYSE: EXPR) from Outperform to Market Perform with a price target of $16 citing caution on 2014 given headwinds.

Analyst Susan Anderson said, "While we admire EXPR's on-trend product, we acknowledge that on-trend product may not be sufficient in the... More

UBS Downgrades Express Inc. (EXPR) to Neutral

March 12, 2014 1:45 PM EDT

UBS downgraded Express Inc. (NYSE: EXPR) from Buy to Neutral with a price target of $17 from $24.

Analyst Roxanne Meyer said, "Following a highly disappointing 2H13 for EXPR, FY14 guidance is underwhelming, with the 1H expected to show meaningful EPS deterioration YOY.... More

Stifel Nicolaus Downgrades Express Inc. (EXPR) to Hold

March 12, 2014 1:42 PM EDT

Stifel Nicolaus downgraded Express Inc. (NYSE: EXPR) from Buy to Hold.

For an analyst ratings summary and ratings history on Express Inc. click here. For more ratings news on Express Inc. click here.

Shares of Express Inc. closed at $18.24 yesterday, with a 52 week range of $16.34-$25.05.... More

Piper Jaffray Downgrades Express Inc. (EXPR) to Neutral

March 12, 2014 12:53 PM EDT

Piper Jaffray downgraded Express Inc. (NYSE: EXPR) from Overweight to Neutral.

For an analyst ratings summary and ratings history on Express Inc. click here. For more ratings news on Express Inc. click here.

Shares of Express Inc. closed at $18.24 yesterday, with a 52 week range of $16.34-$25.05.... More

Express (EXPR) Misses Q4 EPS by 2c; Issues Light Q1, FY14 Profit Outlook

March 12, 2014 7:03 AM EDT

Express (NYSE: EXPR) reported Q4 EPS of $0.57, $0.02 worse than the analyst estimate of $0.59. Revenue for the quarter came in at $715.9 million versus the consensus estimate of $722.02 million.

Michael Weiss, the Company's Chairman and Chief Executive Officer, noted that, "Our fourth quarter results were within the range of our revised guidance but disappointing nonetheless given the strength of our collection across both genders. We delivered positive comps for the quarter, but the heavier than planned pace of promotions impacted both top-line and margins. On the plus side, we ended the quarter with lean... More