Recap: Express Q1 Earnings

Shares of Express EXPR decreased 4% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were down 933.33% year over year to ($1.55), which missed the estimate of ($0.28).

Revenue of $210,275,000 declined by 53.40% from the same period last year, which missed the estimate of $323,540,000.

Guidance

Express hasn't issued any earnings guidance for the time being.

Express hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Jun 03, 2020

Time: 09:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.express.com%2Fhome%2Fdefault.aspx&eventid=2161492&sessionid=1&key=2E0285188D53DAD03E6C8F28CA7361C1&regTag=&sourcepage=register

Recent Stock Performance

Company's 52-week high was at $6.24

Company's 52-week low was at $1.27

Price action over last quarter: down 8.68%

Company Overview

Express, Inc. is a United States-based specialty apparel retailer. It offers apparel and accessories for work, casual, jeanswear, and going-out. The company also sells the products through its e-commerce website and mobile app, as well as through franchisees who operate company locations in Latin America according to the franchise agreements. It derives revenue from the sales of apparel, accessories and other products, of which a majority of the revenue from the sale of apparel.

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Posted In: EarningsNews
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