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Express, Inc. (EXPR)

0.8300

+0.1300

(+18.57%)

At close: April 22 at 3:51 PM EDT

Express files for bankruptcy, plans to close 95 locations

Clothing retailer Express (EXPR) is filing for bankruptcy as the company has grappled with challenges in retaining consumers in the post-COVID era. The struggling retailer has received a potential acquisition offer from WHP Global, as it navigates the restructuring process. As part of its bankruptcy proceedings, Express plans to implement a strategic downsizing of its physical footprint. The company intends to close 95 of its Express locations and all of its UpWest stores. Yahoo Finance's Brooke DiPalma breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Angel Smith

Yahoo Finance Video 2 days ago

EXPR
+18.57%
Apparel retailer Express files for US bankruptcy protection, to close over 100 stores

The retailer whose portfolio includes brands such as Express, Bonobos and UpWest Express, listed assets and liabilities in the range of $1 billion to $10 billion, according to a filing with the bankruptcy court in Delaware. As part of the bankruptcy process, the company will close approximately 95 Express retail stores and all of its UpWest stores, starting Tuesday, it said, without specifying the locations. The company operates about 530 Express retail and Express Factory Outlet stores in the United States and Puerto Rico and around 12 UpWest retail stores, according to its website.

Reuters 2 days ago

EXPR
+18.57%
Express, Inc. Receives Letter of Intent from Consortium led by WHP Global for Sale of Business

COLUMBUS, Ohio, April 22, 2024--Express, Inc. (OTC PINK: EXPR) ("Express" or the "Company") today announced that it has received a non-binding letter of intent from a consortium led by WHP Global ("WHP"), and participants including a wholly owned indirect subsidiary of Simon Property Group, L. P. ("Simon") and Brookfield Properties ("Brookfield") for the potential sale of a substantial majority of the Company’s retail stores and operations.

Business Wire 2 days ago

EXPR
+18.57%
Apparel retailer Express may file for bankruptcy as soon as next week, Bloomberg News reports

The company has asked its lenders for funds to help finance a potential Chapter 11 bankruptcy process, the report further said, adding that the preparations to file for bankruptcy are not final and that the plans could change. Express did not immediately respond to a Reuters request for comment. Launched in 1980, Express Inc has a multi-brand portfolio, including Express, Bonobos and UpWest.

Reuters 22 days ago

EXPR
+18.57%
Express, Inc. Receives Delisting Notice From the New York Stock Exchange

COLUMBUS, Ohio, March 06, 2024--Express, Inc. (NYSE: EXPR) ("Express" or the "Company") today announced that it received notification from the New York Stock Exchange ("NYSE") indicating that the common stock of the Company will be delisted, and trading of its common stock on the NYSE was suspended, after market close on March 6, 2024.

Business Wire last month

EXPR
+18.57%
Fashion Retail Sees Risk of Default Abate

U.S. fashion retailers and department stores saw their risk of default improve in February, according to an S&P Global Market report.

Sourcing Journal last month

EXPR
+18.57%
Amazon Air to close Texas facility, terminating 65 workers

Amazon Air is closing a Texas cargo-handling facility, which will result in the layoff of 65 workers. The post Amazon Air to close Texas facility, terminating 65 workers appeared first on FreightWaves.

FreightWaves 2 months ago

AMZN

EXPR
+18.57%
Express CEO seeks to ease bankruptcy concerns

In a memo on Wednesday, Stewart Glendinning said the apparel retailer is awaiting a $52 million CARES Act payment to help with long-term liquidity.

Retail Dive 2 months ago

EXPR
+18.57%
Express CEO Seeks to Calm Bankruptcy Worries Following Report

Stewart Glendinning said the retailer is "proactively preserving our liquidity" as it waits for a CARES Act payout from the IRS.

WWD 2 months ago

EXPR
+18.57%
Express moving toward debt restructuring, possible bankruptcy: WSJ

The business casual-focused apparel retailer has struggled to regain relevance since the height of the pandemic.

Retail Dive 2 months ago

EXPR
+18.57%
The Next Nike? 3 Apparel Stocks That Investors Shouldn’t Ignore

When investors think about apparel stocks to buy, Nike (NYSE:NKE) is on many top 10 lists. At first glance, you could look at Nike stock and see that it’s up 53,000% in the 40 years since it went public. But that doesn’t accurately account for the seven 2-for-1 stock splits that NKE stock has executed in that time. It also doesn’t consider the overall return derived from the company’s dividend which, if it sees an increase in 2024, will mark 22 consecutive years of such growth. Nike is a behemot

InvestorPlace 2 months ago

NKE

EXPR
+18.57%
LULU
Is Time Running Out for Express?

Express Inc.'s losses are growing and it is said to be talking with lenders about restructuring options.

Sourcing Journal 2 months ago

EXPR
+18.57%
15 High Quality Flannel Shirts for Men

In this article, we will take a look at the 15 high quality flannel shirts for men. If you want to skip our detailed analysis, you can go directly to 5 High Quality Flannel Shirts for Men. The Fashion Outlook in 2024 According to a report by McKinsey, fashion companies will have to make technological […]

Insider Monkey 2 months ago

LEVI

GPS

EXPR
+18.57%
Chuck Royce Increases Stake in Express, Inc.

Chuck Royce (Trades, Portfolio), through the firm's investment vehicle, has recently bolstered its position in the specialty apparel retailer Express, Inc. (NYSE:EXPR). This addition increased the firm's total holdings in Express, Inc. to 255,171 shares, reflecting a 0.02% position in the portfolio and a 6.81% ownership of the company's stock. Charles M. Royce, a venerated figure in the investment community, is renowned for pioneering small-cap investing.

GuruFocus.com 2 months ago

EXPR
+18.57%
3 Stocks Set to Soar 68% to 200% Higher

After hitting new all-time highs in 2023, the S&P 500 is off to a slower start this year. The broad-based index is down 1.5% in the first week of trading. The first jobs report of the new year showed strong gains, which could cause the Federal Reserve to stand firm on the high interest rates it jacked up last year. That could make for a slower-growing economy in 2024. This backdrop has led to the stock picks to buy. But no one knows which way it will really go so it’s best not to try and time. S

InvestorPlace 3 months ago

EXPR
+18.57%
WTI

DVAX
Express Expands Collegiate Athlete Style Ambassador Program

COLUMBUS, Ohio, December 21, 2023--Fashion apparel retailer Express, Inc. (NYSE: EXPR), announces today the latest partnership in the brand’s collegiate athlete style ambassador program with Ohio-based student athlete Ethan Grunkemeyer. Grunkemeyer, who is considered a top 10 college football quarterback recruit, is the brand’s youngest athlete partner to date. Grunkemeyer celebrates his first Name, Image, and Likeness (NIL) deal on National Signing Day, as he marks his commitment to play at Pen

Business Wire 4 months ago

EXPR
+18.57%
Express, Inc. (NYSE:EXPR) Q3 2023 Earnings Call Transcript

Express, Inc. (NYSE:EXPR) Q3 2023 Earnings Call Transcript November 30, 2023 Express, Inc. beats earnings expectations. Reported EPS is $-7.09, expectations were $-7.18. Operator: Good morning. My name is Krista, and I’ll be your conference operator today. At this time, I would like to welcome everyone to the Express Incorporated Conference Call to discuss our […]

Insider Monkey 4 months ago

EXPR
+18.57%
Abercrombie & Fitch CEO: A leadership master class on saving a retail icon

Abercrombie & Fitch CEO Fran Horowitz takes you inside her successful leadership style.

Yahoo Finance 4 months ago

JWN

LEVI

GPS
Abercrombie & Fitch CEO’s turnaround playbook: Lead This Way premiere

Fran Horowitz took over the top job at Abercrombie & Fitch (ANF) in 2017, following a tumultuous stretch for the retailer. Under Horowitz’s leadership, Abercrombie & Fitch has undergone a revival, not only reclaiming its cultural relevance, but delivering profits for investors in the process. While visiting the company’s new flagship store in New York City, Horowitz tells Yahoo Finance Executive Editor Brian Sozzi what it took to turn around the legacy retail brand. Horowitz describes the qualities that she says make her an effective leader, such as being authentic, having patience and admitting when she’s wrong. “Make a mistake. And when you make a mistake, just fix it and move on,” Horowitz says. Prior to leading Abercrombie & Fitch, Horowitz rose up the retail ranks at Express (EXPR), Loft, and Hollister, a brand owned by Abercrombie & Fitch. Lead This Way is a new series that features big interviews with the business leaders shaping our world today. In these one-on-one conversations, they reveal how their approach to leadership helped them become Wall Street titans. For more on our Lead This Way Series, tune in to Yahoo Finance every Thursday at 3 p.m. ET for the latest episode.

Yahoo Finance Video 4 months ago

EXPR
+18.57%
GPS

ANF
Express (EXPR) Q3 2023 Earnings Call Transcript

At this time, I would like to welcome everyone to the Express, Incorporated conference call [Technical difficulty] third-quarter 2023 earnings. Express assumes no obligation to update any forward-looking statements whether as a result of new information, future events, or otherwise, except as required by law.

Motley Fool 4 months ago

EXPR
+18.57%

Performance Overview

Return	EXPR	S&P 500
YTD	-90.08%	+6.33%
1-Year	-95.23%	+22.70%
3-Year	-98.68%	+21.33%

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Express, Inc. (EXPR)

Express files for bankruptcy, plans to close 95 locations

Apparel retailer Express files for US bankruptcy protection, to close over 100 stores

Express, Inc. Receives Letter of Intent from Consortium led by WHP Global for Sale of Business

Apparel retailer Express may file for bankruptcy as soon as next week, Bloomberg News reports

Express, Inc. Receives Delisting Notice From the New York Stock Exchange

Fashion Retail Sees Risk of Default Abate

Amazon Air to close Texas facility, terminating 65 workers

Express CEO seeks to ease bankruptcy concerns

Express CEO Seeks to Calm Bankruptcy Worries Following Report

Express moving toward debt restructuring, possible bankruptcy: WSJ

The Next Nike? 3 Apparel Stocks That Investors Shouldn’t Ignore

Is Time Running Out for Express?

15 High Quality Flannel Shirts for Men

Chuck Royce Increases Stake in Express, Inc.

3 Stocks Set to Soar 68% to 200% Higher

Express Expands Collegiate Athlete Style Ambassador Program

Express, Inc. (NYSE:EXPR) Q3 2023 Earnings Call Transcript

Abercrombie & Fitch CEO: A leadership master class on saving a retail icon

Abercrombie & Fitch CEO’s turnaround playbook: Lead This Way premiere

Express (EXPR) Q3 2023 Earnings Call Transcript

Performance Overview