Express, Inc. announced that announced that it has received a non-binding letter of intent from a consortium led by WHP Global, a wholly owned subsidiary of Simon Property Group and Brookfield Properties for the potential purchase of the company’s retail stores and operations. Express also announced that it has named Mark Still as senior vice...
Apr 22, 2024
Fashion apparel retailer Express, Inc. reported a net sales decrease of 14 percent to 514.3 million dollars in the fourth quarter of 2021, with consolidated comparable sales down 13 percent. Full year consolidated net sales decreased to 1,864 million dollars from 1,870 million dollars in 2021, with consolidated comparable sales flat. "We...
Mar 24, 2023
Fashion apparel retailer Express, Inc. (EXPR) has announced the completion of a previously announced transaction with WHP Global, a leading global brand management firm. The company’s board of directors has also named Yehuda Shmidman as a Class II director. Express announces completion of agreed transaction with WHP Global The mutually...
Jan 26, 2023
Fashion apparel retailer Express, Inc. now expects comparable sales of around flat, consistent with prior outlook. The company said diluted loss per share is expected to range between 1.18 dollars to 1.22 dollars, within the range of prior outlook, excluding impact of 260 million dollars in proceeds from WHP partnership expected to close January...
Jan 10, 2023
Consolidated net sales at fashion apparel retailer Express, Inc. decreased 8 percent to 434.1 million dollars in the third quarter of 2021, with consolidated comparable sales down 8 percent. Comparable retail sales, which includes both Express stores and ecommerce, were down 11 percent compared to last year’s third quarter. Retail stores...
Dec 8, 2022
The board of directors of fashion apparel retailer Express, Inc. has named Satish Mehta as a Class I director. Mehta, 57, the company said in a statement, has a deep background in database engineering and a strong track record in technical leadership roles. He is currently the chief technology officer of pet food and pet-health related products...
Dec 5, 2022
Express, Inc. has announced the appointment of Jason Judd as the company’s senior vice president & chief financial officer, effective April 4, 2022. Judd, the company said in a release, will report directly to CEO Tim Baxter. "Jason is a seasoned, well rounded and accomplished financial executive with a proven track record of delivering results....
Mar 28, 2022
The board of directors of fashion apparel retailer Express, Inc. has named Antonio J. Lucio as a Class III director, effective today. Lucio, 61, the company said in a statement, is the founder & principal of 5S Diversity and an executive fellow at the Yale University School of Management. He was previously global chief marketing officer at...
Dec 2, 2021
Announcing Expressway Forward corporate strategy to drive profitable growth, Express inc has said that the company expects to close approximately 100 stores by 2022 including nine stores that have already closed in 2019, 31 by the end of January 2020, and an additional 35 by the end of January 2021. The company added that comparable sales are...
Jan 22, 2020
Third quarter net sales at Express, Inc. decreased 5 percent to 488.5 million dollars with consolidated comparable sales down 5 percent. The company said in a statement that comparable retail sales, which include both Express stores and e-commerce, decreased 5 percent compared to the third quarter of 2018. In total, retail sales decreased to...
Dec 5, 2019
Express Inc. saw a decrease in net sales by 6 percent in the first quarter of 2019, which ended on May 4, 2019. The net sales decreased to 451.3 million dollars from 479.4 million dollars in the first quarter of 2018. The company reported a strong balance sheet maintained with 144 million dollars in cash and no debt. Loss before income taxes was...
May 30, 2019
American retail chain, Express Inc, has confirmed that its chairman and chief executive officer, Michael Weiss, will retire as CEO in January 2015 when the specialty apparel retailer's fiscal year ends. Current president David Kornberg will assume the added role of CEO, while Weiss will remain on the board serving as a non-executive chairman of...
Jul 22, 2014
