EXPR Stock Recent News

February retail sales rose 0.6% from the previous month, despite higher consumer prices, indicating positive consumer sentiment. In addition, the Federal Reserve signaled plans to cut interest rates three times in 2024, potentially leaving consumers with more disposable income.

Express (OTCMKTS: EXPR ) has now officially been de-listed from the NYSE, with shares of EXPR stock now trading on the over-the-counter market. This process began on Wednesday, and as the company reported in a press release, investors will still be able to invest in the company, though many don't seem to be willing to do so.

Apparel retailer Express (NYSE: EXPR ) — which focuses on business casual attire — is on the ropes amid insider whispers of a debt restructuring initiative. People with knowledge of the matter note that one of the courses of action could involve filing for bankruptcy.

Former Tyson Foods executive Stewart Glendinning will be the new CEO of clothing company Express, replacing Timothy Baxter, effective September 15, the company announced.

Fashion apparel retailer Express Inc. EXPR said late Thursday it has appointed Stewart Glendinning as its chief executive and board member, effective Sept. 15. Glendinning succeeds Tim Baxter, who has resigned but “will be available as needed to support a smooth transition,” the company said.

While the top- and bottom-line numbers for Express (EXPR) give a sense of how the business performed in the quarter ended July 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Stocks are down today and investors wondering why need not look far as we have all the details behind Wednesday's stock movements! The biggest concern weighing on the stock market today is inflation.

Express (EXPR) came out with a quarterly loss of $9.05 per share versus the Zacks Consensus Estimate of a loss of $11.07. This compares to earnings of $2 per share a year ago.

Shares of Express Inc. EXPR rose 2.6% in premarket trading Wednesday, to bounce off the previous session's record low, after the fashion apparel retailer reported fiscal second-quarter results that were in line with expectations and said it secured a $65 million term loan to bolster liquidity. For the quarter to July 29, the company swung to a net loss of $44.1 million, or $11.79 a share, from net income of $7.0 million, or $2.05 a share, in the year-ago period.

Express (EXPR) came out with a quarterly loss of $0.99 per share versus the Zacks Consensus Estimate of a loss of $0.79. This compares to loss of $0.10 per share a year ago.