Express Inc Stock News

Express <> pops up after the company reported beat on both lines alongside initiating positive outlook in its fourth quarter earnings results. Revenue of $594.93M (+38.2%…

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OKLAHOMA CITY , March 9, 2022 /PRNewswire-PRWeb/ -- Sixty percent of companies plan to increase their number of employees in the first half of 2022 primarily due to increased workloads (49%), according to a new survey from Express Employment Professionals conducted by The Harris Poll. This is followed closely by the need to fill positions due to employee turnover (46%) and fill newly created positions (46%), while a third (34%) cite expanding into other categories or markets as the reason for their increased employee count. However, as much as companies may long for additional employees to manage the weight of an ever-increasing workload, the ability to do so may stall this effort with nearly 3 in 5 U.S. hiring decision-makers (57%) saying they need more employees to manage their workload but do not have the capacity to hire. A multitude of factors play into employees taking on increased duties, including turnover and increased demand for products and services. "The numbers don''t lie," said David Robb , co-owner and managing partner of the Grand Rapids, Michigan , Express franchise. "There just aren''t enough people available.

Express Inc (NYSE: EXPR ) reported fourth-quarter FY21 sales growth of 38.2% year-on-year, to $595 million, beating the consensus of $591.95 million. Consolidated comparable sales increased 43% versus last year and grew 4% compared to Q4 FY19. Comparable retail sales, including Express stores and eCommerce, rose 45%, and comparable outlet store sales increased 39%. E-commerce demand grew 33% Y/Y and 21% against Q4 FY19. Operating expenses rose 21.7% Y/Y to $163.2 million. The gross margin expanded … Full story available on Benzinga.com

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Express (NYSE: EXPR ) reported its Q4 earnings results on Wednesday, March 9, 2022 at 06:45 AM. Here''s what investors need to know about the announcement. Earnings Express beat estimated earnings by 650.0%, reporting an EPS of $0.11 versus an … Full story available on Benzinga.com

Express, Inc. (EXPR) CEO Tim Baxter on Q4 2021 Results - Earnings Call Transcript

Express Inc. reported Wednesday that it swung to a fiscal fourth-quarter profit, as a "strong holiday season" led to a surge in net and same-store sales. The apparel and accessories retailer''s stock was little changed in premarket trading. Net income for the quarter to Jan. 29 was $7.6 million, or 11 cents a share, after a loss of $53.3 million, or 82 cents a share, in the year-ago period. Net sales jumped 38.2% to $594.9 million while same-store sales soared 43% from a year ago and increased 4% from the same period in 2019. The average estimates of two analysts surveyed by FactSet was for a per-share loss of 3 cents and revenue of $592.0 million. Cost of goods sold rose just 17.4% to $421.4 million, as gross margin improved to 29.2% from 16.6%. Looking ahead, the company expects first-quarter same-store sales growth of 25% to 30% and full-year growth of 7% to 9%. The stock has run up 13.5% over the past three months while the SPDR S&P Retail ETF has tumbled 20.2% and the S&P 500 has lost 10.6%.

Express press release (EXPR): Q4 GAAP EPS of $0.11 beats by $0.14.Revenue of $594.93M (+38.2% Y/Y) beats by $2.98M.Consolidated comparable sales increased 43% compared to 2020 and…

COLUMBUS, Ohio--(BUSINESS WIRE)--EXPRESS, INC. REPORTS STRONG FOURTH QUARTER 2021 RESULTS AND POSITIVE OPERATING INCOME FOR FULL YEAR 2021

Express shoppers are becoming increasingly focused on eCommerce for their purchases, giving the fashion retailer's execs the confidence to say they'll reach their goal of $1 billion in eCommerce deman

Express Inc. EXPR, +3.53% reported Wednesday that it swung to a fiscal fourth-quarter profit, as a "strong holiday season" led to a surge in net and same-store sales. The apparel and accessories retai

Express (NYSE:EXPR) is scheduled to announce Q4 earnings results on Wednesday, March 9th, before market open.The consensus EPS Estimate is $0.08 (+112.1% Y/Y) and the consensus…