|Bid||6.96 x 700|
|Ask||8.98 x 100|
|Day's Range||7.52 - 7.76|
|52 Week Range||5.28 - 11.34|
|PE Ratio (TTM)||31.38|
|Earnings Date||May 30, 2018 - Jun 4, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||9.90|
NEW YORK, April 24, 2018 /PRNewswire/ -- Express, Inc. (EXPR) today announced that Express now carries Privé Revaux's affordable celebrity eyewear online at express.com and will roll out product in 50 stores across the country this week. Express customers can find an assortment of Privé Revaux's handcrafted, on-trend frames from the core collection, as well as the recently launched Icon collection. "We're thrilled to announce a partnership between Express and Privé Revaux," said David Kornberg, Express President and CEO.
The retailer is making a bigger push with women's and men's workwear, as the market for casual clothing becomes more competitive.
Following Express’s (EXPR) fiscal 4Q17 results on March 14, 2018, all six analysts covering the stock maintained their “hold” ratings. There has also been no price revision activity for Express stock since the earnings announcement. Currently, analysts’ 12-month average target price for Express stock is $9.90, which reflects a 37.5% upside to the stock as of March 16, 2018.
Outlets and online continue to buoy Express Inc. as traditional shops struggle. The secret to that stability is its ongoing conversion to outlet shops. While 38 classic Express shops closed last year, 24 of those were remodeled and rebranded as Express Factory Outlet, CEO David Kornberg said Wednesday on a conference call with stock analysts.
Express, Inc. (NYSE:EXPR) stock was on a wild ride Wednesday following the release of its earnings report for the fourth quarter of 2017. This is an increase over its earnings per share of 29 cents from the same time last year. It also beat out Wall Street’s earnings per share estimate of 32 cents for the period.
Shares of Express Inc. soared 8.9% in premarket trade Wednesday, after the apparel retailer reported fiscal fourth-quarter profit and sales that beat expectations. Net income for the quarter to Feb. 3 ...
On a per-share basis, the Columbus, Ohio-based company said it had profit of 37 cents. Earnings, adjusted for pretax gains, were 34 cents per share. The results exceeded Wall Street expectations. The average ...
Express, Inc. , a specialty retail apparel company, announced its financial results for the fourth quarter and full year 2017. These results, which cover the fourteen and fifty-three weeks ended February 3, 2018, are compared to the thirteen and fifty-two weeks ended January 28, 2017.
Retailer Express reports earnings with an elevated P/E ratio of 45.88 and has seen extreme volatility around earnings reports and guidance.
Express (EXPR) is slated to report its fiscal 4Q17 results on March 14, 2018. Analysts also expect EXPR’s adjusted EPS (earnings per share) to be $0.32 in fiscal 4Q17 compared to $0.29 in fiscal 4Q16. Express now expects its fiscal 4Q17 EPS to be in the range of $0.31–$0.33 compared to its earlier projected range of $0.40–$0.44.
For fiscal 4Q17, Express (EXPR) is expected to report sales of $686.9 million, up 1.2%, per the analysts. On January 9, 2018, Express stated that store sales (primarily, dress and sweaters) were negatively impacted by reduced footfall during the critical weeks leading to Christmas. Express added that online sales year-to-date remained robust with double-digit increases YoY (year over year).
On January 9, 2018, Express reported that its holiday season sales performance hadn’t been as expected and that it had lowered its fiscal 4Q17 outlook. In fiscal 4Q17, Express expects its EPS to be in the bracket of $0.31–$0.33 compared to its earlier projected range of $0.40–$0.44. On a YTD (year-to-date) basis as of March 9, 2018, Express’s stock price has fallen 27.7%.