View ValuationThis company is no longer activeThe company may no longer be operating, as it may be out of business. Find out why through their latest events.See Latest EventsExpress 将来の成長Future 基準チェック /16 Expressは収益が増加すると予測されています。主要情報n/a収益成長率n/aEPS成長率Specialty Retail 収益成長29.2%収益成長率10.2%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日21 Nov 2023今後の成長に関する最新情報お知らせ • Dec 01Express, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2023Express, Inc. provided earnings guidance for the fourth quarter and full year of 2023. For the year, the company expects net sales to be between approximately $565 million to $590 million, including the 14th week and approximately $60 million in Bonobos net sales.For the full year, the company expects net sales to be between approximately $1.840 billion to $1.865 billion, including the 53rd week and approximately $150 million in Bonobos net sales. Diluted loss per share to be between $46.00 to $50.00.お知らせ • Jan 10Express, Inc. Reaffirms Earnings Guidance for the Full Year 2022Express, Inc. reaffirmed earnings guidance for the full year 2022. For the year, the company now expects comparable sales of around flat, consistent with prior outlook and diluted loss per share of $1.18 to $1.22, within the range of prior outlook, excluding impact of $260 million in proceeds from WHP partnership expected to close January 2023. The other elements of the full year 2022 outlook provided by the Company on December 8, 2022, remain unchanged.お知らせ • Dec 09Express, Inc. Provides Earnings Guidance for the Full Year 2022Express, Inc. provided earnings guidance for the full year 2022. For the year, the company expects diluted loss per share to be in the range of $1.12 to $1.22.お知らせ • Sep 01Express, Inc. Provides Earnings Guidance for the Third Quarter and Full Year 2022Express, Inc. provided earnings guidance for the third Quarter and Full Year 2022. For third quarter, the company expects Comparable sales to decrease mid-single digitsFor the full year 2022, the company expects Comparable sales to increase mid-single digits.お知らせ • May 26Express, Inc. Provides Second Quarter and Raises Full Year 2022 outlookExpress, Inc. Provided Second Quarter and Raises Full Year 2022. The company Raises full year comparable sales outlook to an increase of 8% - 10%. The company also provided outlook for a mid-single digit increase in second quarter comparable sales.お知らせ • Aug 26Express, Inc. Provides Earnings Guidance for the Second Half and Full Year 2021Express, Inc. provided earnings guidance for the second half and full year 2021. For the period, net Sales above 2019 levels on a comparable basis for the second half of the year.すべての更新を表示Recent updatesお知らせ • Aug 08First Motion for Exclusivity Period Extension Approved For Express, Inc.The US Bankruptcy Court granted an order for the extension of the exclusivity periods for Express, Inc. on August 7, 2024. As per the order, the debtor’s exclusivity period to file its plan and to solicit votes on its plan, have been extended by 90 days i.e. up to November 18, 2024 and January 20, 2025, respectively.お知らせ • Aug 02Reorganization Plan and Disclosure Statement Filed by Express, Inc.Express, Inc., along with its affiliates, filed a joint plan of reorganization with related disclosure statement in the US Bankruptcy Court on July 31, 2024. As per the plan filed, administrative claims, priority tax claims, professional fee claims, DIP claims, U.S. Trustee fees, other secured claims of $0 and other priority claims of $29 million shall be paid in full in cash. General unsecured claims of $212 million with expected recovery of 10% - 15% shall receive, in full and final satisfaction, compromise, settlement, and release of and in exchange for its claim, its pro rata share of the distributable proceeds. Intercompany claims and intercompany interests shall either be reinstated, set off, settled, distributed, contributed, cancelled, or released without any distribution. Existing equity interests in express and section 510(b) claims shall be cancelled, released, and extinguished without any distribution to holders of such claims. The plan shall be funded from available cash and sale of assets.お知らせ • Jun 27WHP Global, LLC, Brookfield Properties, Inc, Centennial Real Estate Management, LLC, and Simon Property Group, L.P completed the acquisition of majority Retail stores and operations of Express, Inc (OTCPK:EXPR).WHP Global, LLC, Brookfield Properties, Inc, Centennial Real Estate Management, LLC, and Simon Property Group, L.P signed a non-binding letter of intent to acquire majority of Retail stores and operations of Express, Inc (OTCPK:EXPR) for approximately $170 million on April 22, 2024. The transaction value consists of $136 million in cash considerations and $38 million in assumed liabilities. The transaction is subject to the approval of the Bankruptcy Court. Kirkland & Ellis LLP acted as a legal advisor, Moelis & Company LLC and M3 Partners, LP acted as a financial advisor to Express, Inc. As on June 14, 2024 court has approved the transaction. WHP Global, LLC, Brookfield Properties, Inc, Centennial Real Estate Management, LLC, and Simon Property Group, L.P completed the acquisition of Retail stores and operations of Express, Inc (OTCPK:EXPR) on June 25, 2024.お知らせ • May 08Express, Inc. announced delayed annual 10-K filingOn 05/06/2024, Express, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.お知らせ • Apr 25Express, Inc. Files Form 15Express, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $0.01 per share.お知らせ • Apr 23+ 4 more updatesMotion for Asset Sale Filed by Express, Inc.Express, Inc., filed a motion in the US Bankruptcy Court for the sale of substantially all its assets on April 22, 2024. The debtor seeks the Court’s approval for the sale of its substantially all its assets to the stalking horse bidder. To qualify as a qualified bidder, interested parties should submit their bids by May 24, 2024, in the event of a Going-Out-Of-Business Bid Deadline; June 3, 2024, in the event of a Going-Concern Sale Transaction; or June 4, 2024, in the event that there is not a Going-Concern Sale Transaction; and in the event of a Going-Concern Sale Transaction, such Sale Transaction must be consummated not later than June 10, 2024, along with good-faith deposit in the amount of 10% of the bid price. The debtor has scheduled an auction on May 24, 2024, in the event of a Going-Out-Of-Business Bid Deadline; June 3, 2024, in the event of a Going-Concern Sale Transaction; or June 4, 2024, in the event that there is not a Going-Concern Sale Transaction; and in the event of a Going-Concern Sale Transaction, such Sale Transaction must be consummated not later than June 10, 2024. At the auction, the subsequent bids would be in increments of $0.1 million. The stalking horse bidder would be entitled to a break-up fee of 3% of purchase price and expense reimbursement of 3% of purchase price in case of termination of the asset purchase agreement. The sale hearing is scheduled for June 7, 2024, and June 11, 2024.お知らせ • Mar 07The New York Stock Exchange to Commence Delisting Proceedings against ExpressThe New York Stock Exchange (‘NYSE’, the ‘Exchange’) announced that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of Express, Inc. (the ‘Company’) from the NYSE. Trading in the Company’s common stock will be suspended immediately. NYSE Regulation reached its decision to delist the Company’s common stock pursuant to Section 802.01B of the NYSE’s Listed Company Manual because the Company had fallen below the NYSE’s continued listing standard requiring listed companies to maintain an average global market capitalization over a consecutive 30 trading day period of at least $15,000,000. The Company has a right to a review of this determination by a Committee of the Board of Directors of the Exchange. The NYSE will apply to the Securities and Exchange Commission to delist the common stock upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision.お知らせ • Dec 22Express, Inc. Announces Resignation of Antonio J. Lucio to Its Board of DirectorsOn December 18, 2023,Express, Inc. announced Antonio J. Lucio notified the Board of Directors of his decision to resign from the Board, effective immediately. Mr. Lucio informed the Board that his resignation from the Board was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Effective immediately following Mr. Lucio’s resignation, the Board decreased the size of the Board from ten to nine directors.お知らせ • Dec 01Express, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2023Express, Inc. provided earnings guidance for the fourth quarter and full year of 2023. For the year, the company expects net sales to be between approximately $565 million to $590 million, including the 14th week and approximately $60 million in Bonobos net sales.For the full year, the company expects net sales to be between approximately $1.840 billion to $1.865 billion, including the 53rd week and approximately $150 million in Bonobos net sales. Diluted loss per share to be between $46.00 to $50.00.お知らせ • Nov 17Express, Inc. to Report Q3, 2024 Results on Nov 30, 2023Express, Inc. announced that they will report Q3, 2024 results at 9:00 AM, US Eastern Standard Time on Nov 30, 2023お知らせ • Sep 09Express, Inc. Appoints Stewart Glendinning as Chief Executive Officer, Effective September 15, 2023Express, Inc. announced that Stewart Glendinning has been appointed Chief Executive Officer and a member of the Express Board of Directors, effective September 15, 2023. Glendinning succeeds Tim Baxter, who has resigned as Chief Executive Officer and as a member of the Board. Baxter will be available as needed to support a smooth transition. Glendinning brings to Express more than 20 years of experience in the consumer products industry and a proven record of operating excellence, financial discipline and building high-performing teams to grow iconic brands. He most recently served as Group President, Prepared Foods of Tyson Foods, Inc. In this role, he managed all aspects of the Prepared Foods portfolio, including renowned brands Jimmy Dean, Hillshire Farm and Ball Park, and guided the business to strong volume performance and market share gains across the retail brand portfolio. Previously, Glendinning was Chief Financial Officer of Tyson Foods and responsible for worldwide financial planning, finance and accounting functions.お知らせ • Sep 08Express, Inc. Appoints Stewart Glendinning as Member of Board of Directors, Effective September 15, 2023Express, Inc. announced that Stewart Glendinning has been appointed Chief Executive Officer and a member of the Express Board of Directors, effective September 15, 2023. Glendinning succeeds Tim Baxter, who has resigned as Chief Executive Officer and as a member of the Board. Baxter will be available as needed to support a smooth transition. Glendinning brings to Express more than 20 years of experience in the consumer products industry and a proven record of operating excellence, financial discipline and building high-performing teams to grow iconic brands. He most recently served as Group President, Prepared Foods of Tyson Foods, Inc. In this role, he managed all aspects of the Prepared Foods portfolio, including renowned brands Jimmy Dean, Hillshire Farm and Ball Park, and guided the business to strong volume performance and market share gains across the retail brand portfolio. Previously, Glendinning was Chief Financial Officer of Tyson Foods and responsible for worldwide financial planning, finance and accounting functions.Reported Earnings • Sep 07Second quarter 2024 earnings released: US$11.79 loss per share (vs US$2.07 profit in 2Q 2023)Second quarter 2024 results: US$11.79 loss per share (down from US$2.07 profit in 2Q 2023). Revenue: US$435.3m (down 6.4% from 2Q 2023). Net loss: US$44.1m (down US$51.1m from profit in 2Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.お知らせ • Aug 30Express, Inc. to Report Q2, 2024 Results on Sep 06, 2023Express, Inc. announced that they will report Q2, 2024 results on Sep 06, 2023お知らせ • Jul 15Express, Inc. Announces Resignation of Malissa Akay as Executive Vice President and Chief Merchandising OfficerOn July 14, 2023 Express, Inc. announced expense reduction initiative, Malissa Akay ceased to serve as Executive Vice President and Chief Merchandising Officer of the company effective immediately.お知らせ • Jun 25+ 2 more updatesExpress, Inc.(NYSE:EXPR) dropped from Russell Small Cap Comp Value IndexExpress, Inc.(NYSE:EXPR) dropped from Russell Small Cap Comp Value Indexお知らせ • May 25+ 1 more updateWHP Global, LLC and Express, Inc. (NYSE:EXPR) completed the acquisition of Bonobos, Inc. from Walmart Inc. (NYSE:WMT).WHP Global, LLC and Express, Inc. (NYSE:EXPR) entered into a definitive agreement to acquire Bonobos, Inc. from Walmart Inc. (NYSE:WMT) for $75 million on April 13, 2023. John Hutchison will become Brand President of Bonobos and report to Tim Baxter after the transaction closes. Bonobos will remain at its current headquarters in New York. Moelis & Company LLC acted as financial advisor to Express. Rachael G. Coffey, P.C.; Eric L. Schiele, P.C.; Martha Todd; Arjun Karthikeyan; Alex Adamis of Kirkland & Ellis LLP acted as legal advisor to Express. Goodwin Procter LLP acted as legal advisor to WHP. The deal is expected to close in FQ2, 2023 of Express Inc. WHP Global, LLC and Express, Inc. (NYSE:EXPR) completed the acquisition of Bonobos, Inc. from Walmart Inc. (NYSE:WMT) on May 24, 2023.Reported Earnings • May 25First quarter 2024 earnings released: US$0.99 loss per share (vs US$0.18 loss in 1Q 2023)First quarter 2024 results: US$0.99 loss per share (further deteriorated from US$0.18 loss in 1Q 2023). Revenue: US$383.3m (down 15% from 1Q 2023). Net loss: US$73.4m (loss widened US$61.5m from 1Q 2023). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.お知らせ • May 13Express, Inc. to Report Q1, 2024 Results on May 24, 2023Express, Inc. announced that they will report Q1, 2024 results at 9:30 AM, US Eastern Standard Time on May 24, 2023Reported Earnings • Mar 25Full year 2023 earnings released: EPS: US$4.32 (vs US$0.22 loss in FY 2022)Full year 2023 results: EPS: US$4.32 (up from US$0.22 loss in FY 2022). Revenue: US$1.86b (flat on FY 2022). Net income: US$293.8m (up US$308.3m from FY 2022). Profit margin: 16% (up from net loss in FY 2022). Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.お知らせ • Jan 28Express, Inc. Appoints Yehuda Shmidman to Board of Directors as Class II DirectorOn January 25, 2023, Express, Inc. completed the previously announced transactions contemplated by (i) the Investment Agreement, by and between the Company and WH Borrower, LLC, dated as of December 8, 2022 and (ii) the Membership Interest Purchase Agreement, by and among the Company, WHP and Express, LLC, dated as of December 8, 2022. On January 25, 2023, Mr. Yehuda Shmidman, Chairman and Chief Executive Officer of WHP Global, was appointed to the Company’s Board of Directors as a Class II director in connection with the Closing. In connection with this appointment, the Board increased its size from ten to eleven directors.お知らせ • Jan 10Express, Inc. Reaffirms Earnings Guidance for the Full Year 2022Express, Inc. reaffirmed earnings guidance for the full year 2022. For the year, the company now expects comparable sales of around flat, consistent with prior outlook and diluted loss per share of $1.18 to $1.22, within the range of prior outlook, excluding impact of $260 million in proceeds from WHP partnership expected to close January 2023. The other elements of the full year 2022 outlook provided by the Company on December 8, 2022, remain unchanged.Reported Earnings • Dec 09Third quarter 2023 earnings released: US$0.51 loss per share (vs US$0.20 profit in 3Q 2022)Third quarter 2023 results: US$0.51 loss per share (down from US$0.20 profit in 3Q 2022). Revenue: US$434.1m (down 8.0% from 3Q 2022). Net loss: US$34.4m (down 363% from profit in 3Q 2022). Revenue is forecast to grow 3.7% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.お知らせ • Dec 09Express, Inc. Provides Earnings Guidance for the Full Year 2022Express, Inc. provided earnings guidance for the full year 2022. For the year, the company expects diluted loss per share to be in the range of $1.12 to $1.22.お知らせ • Dec 02Express, Inc. Appoints Satish Mehta to Board of DirectorsThe Board of Directors of Express, Inc. has named Satish Mehta as a Class I director, effective December 1, 2022. Mr. Mehta, 57, 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 retailer Chewy, Inc. Mr. Mehta has over 20 years of experience across consumer products, technology and apparel. His background includes leadership positions at UnitedHealth Group, Staples, Yahoo!, and Gap, Inc. He spent 13 years in the Indian Navy, leaving the service as a Lieutenant Commander to join the private sector.お知らせ • Nov 29Express, Inc. to Report Q3, 2023 Results on Dec 08, 2022Express, Inc. announced that they will report Q3, 2023 results on Dec 08, 2022Valuation Update With 7 Day Price Move • Nov 02Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €1.09, the stock trades at a trailing P/E ratio of 4.9x. Average forward P/E is 11x in the Specialty Retail industry in Germany. Total loss to shareholders of 68% over the past three years.Reported Earnings • Sep 01Second quarter 2023 earnings released: EPS: US$0.10 (vs US$0.16 in 2Q 2022)Second quarter 2023 results: EPS: US$0.10 (down from US$0.16 in 2Q 2022). Revenue: US$464.9m (up 1.6% from 2Q 2022). Net income: US$7.04m (down 34% from 2Q 2022). Profit margin: 1.5% (down from 2.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 11% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 01Express, Inc. Provides Earnings Guidance for the Third Quarter and Full Year 2022Express, Inc. provided earnings guidance for the third Quarter and Full Year 2022. For third quarter, the company expects Comparable sales to decrease mid-single digitsFor the full year 2022, the company expects Comparable sales to increase mid-single digits.Valuation Update With 7 Day Price Move • Aug 29Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €1.91, the stock trades at a trailing P/E ratio of 6.9x. Average forward P/E is 11x in the Specialty Retail industry in Germany. Negligible returns to shareholders over past three years.お知らせ • Aug 10Express, Inc. to Report Q2, 2023 Results on Aug 31, 2022Express, Inc. announced that they will report Q2, 2023 results on Aug 31, 2022Valuation Update With 7 Day Price Move • Aug 09Investor sentiment improved over the past weekAfter last week's 22% share price gain to €2.01, the stock trades at a trailing P/E ratio of 7.7x. Average forward P/E is 12x in the Specialty Retail industry in Germany. Total returns to shareholders of 7.9% over the past three years.Valuation Update With 7 Day Price Move • Jul 02Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €1.83, the stock trades at a trailing P/E ratio of 6.7x. Average forward P/E is 10x in the Specialty Retail industry in Germany. Total loss to shareholders of 18% over the past three years.Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €2.09, the stock trades at a trailing P/E ratio of 7.8x. Average forward P/E is 10x in the Specialty Retail industry in Germany. Total loss to shareholders of 12% over the past three years.Reported Earnings • May 26First quarter 2023 earnings released: US$0.18 loss per share (vs US$0.70 loss in 1Q 2022)First quarter 2023 results: US$0.18 loss per share (up from US$0.70 loss in 1Q 2022). Revenue: US$450.8m (up 30% from 1Q 2022). Net loss: US$11.9m (loss narrowed 74% from 1Q 2022). Over the next year, revenue is forecast to grow 3.8%, compared to a 9.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 5% per year.お知らせ • May 26Express, Inc. Provides Second Quarter and Raises Full Year 2022 outlookExpress, Inc. Provided Second Quarter and Raises Full Year 2022. The company Raises full year comparable sales outlook to an increase of 8% - 10%. The company also provided outlook for a mid-single digit increase in second quarter comparable sales.お知らせ • May 12Express, Inc. to Report Q1, 2023 Results on May 25, 2022Express, Inc. announced that they will report Q1, 2023 results on May 25, 2022お知らせ • May 02Express, Inc., Annual General Meeting, Jun 08, 2022Express, Inc., Annual General Meeting, Jun 08, 2022, at 08:30 US Eastern Standard Time. Agenda: To consider the election of class III directors; to approve executive compensation (Say-on-Pay); to consider the ratification of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for 2022; and to consider Such other business as may properly come before the meeting.Reported Earnings • Mar 10Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: US$0.22 loss per share (up from US$6.27 loss in FY 2021). Revenue: US$1.87b (up 55% from FY 2021). Net loss: US$14.4m (loss narrowed 96% from FY 2021). Like-for-like sales growth: 37.0% vs FY 2021 Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 6.2%, compared to a 18% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.お知らせ • Feb 25Express, Inc. to Report Q4, 2022 Results on Mar 09, 2022Express, Inc. announced that they will report Q4, 2022 results on Mar 09, 2022お知らせ • Feb 02Express, Inc. Names Patricia E. Lopez as Class II Director, Effective February 1, 2022Express, Inc. has named Patricia E. Lopez as a Class II director, effective February 1, 2022. Ms. Lopez, 60, is an accomplished multinational executive with experience in global marketing and general management roles. She was previously CEO of High Ridge Brands.Board Change • Dec 04High number of new directorsDirector Antonio Lucio was the last director to join the board, commencing their role in the last week.Reported Earnings • Dec 03Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: US$0.20 (up from US$1.39 loss in 3Q 2021). Revenue: US$472.0m (up 47% from 3Q 2021). Net income: US$13.1m (up US$103.4m from 3Q 2021). Profit margin: 2.8% (up from net loss in 3Q 2021). Revenue missed analyst estimates by 6.2%. Over the next year, revenue is forecast to grow 26%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 27Second quarter 2022 earnings released: EPS US$0.16 (vs US$1.67 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: US$457.6m (up 86% from 2Q 2021). Net income: US$10.6m (up US$118.4m from 2Q 2021). Profit margin: 2.3% (up from net loss in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.お知らせ • Aug 26Express, Inc. Provides Earnings Guidance for the Second Half and Full Year 2021Express, Inc. provided earnings guidance for the second half and full year 2021. For the period, net Sales above 2019 levels on a comparable basis for the second half of the year.お知らせ • Jun 28+ 7 more updatesExpress, Inc.(NYSE:EXPR) dropped from Russell 3000E Value IndexExpress, Inc.(NYSE:EXPR) dropped from Russell 3000E Value IndexReported Earnings • Jun 05First quarter 2022 earnings released: US$0.70 loss per share (vs US$2.41 loss in 1Q 2021)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: US$345.8m (up 64% from 1Q 2021). Net loss: US$45.7m (loss narrowed 70% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.お知らせ • Jun 04Express, Inc. Provides Earnings Guidance for the Second Quarter and Full Year 2021Express, Inc. provided earnings guidance for the second quarter and full year 2021. For the second quarter the company expected Net interest expense to be $4 million. For the period the company expected Sequential comparable sales improvement throughout the year. Net interest expense of $16 million for the full year.お知らせ • May 29Rosen Law Announces Updated Lead Plaintiff Deadline in Securities Class Action Lawsuits on Behalf of Investors Unable to Execute Trades and Who Sold And/Or Purchased Certain Securities on the Robinhood Trading Platform on or Around January 28, 2021Rosen Law Firm announced the updated July 27, 2021lead plaintiff deadline in the class action lawsuits filed on behalf of those who were unable to execute trades, sold, and/or purchased certain securities including American Airlines Group Inc., AMC Entertainment Holdings Inc., BlackBerry Limited, Bed Bath & Beyond Inc., GameStop Corp., Express, Koss Corporation, Naked Brand Group, Nokia Corporation, Sundial Growers, Inc., Tootsie Roll Industries, and Trivago NV(collectively, the “Affected Securities”) on the Robinhood Trading Platform on or around January 28, 2021. The lawsuits variously seek to recover damages for those affected by Robinhood’s alleged market manipulation in violation of Sections 9(a) and 10(b) of the Securities Exchange Act of 1934 (15 U.S.C. §§ 78i(a) and 78(j)(b), and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission (17 C.F.R. § 240.10b-5)). According to the lawsuits, Robinhood engaged in illegal market manipulation by restricting trading of some or all of the Affected Securities. The manipulation depressed the value of the Affected Securities causing substantial losses to investors. On the other hand, the alleged manipulation bestowed significant benefits to those who had short positions on the Affected Securities, including hedge funds. Pursuant to the Private Securities Litigation Reform Act of 1995 (15 U.S.C. § 78u-4(a)(3)(A)(i)(II)), if wish to serve as lead plaintiff, must move the Court no later than July 27, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.Reported Earnings • Mar 12Full year 2021 earnings released: US$6.27 loss per share (vs US$2.49 loss in FY 2020)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: US$1.21b (down 40% from FY 2020). Net loss: US$405.4m (loss widened 147% from FY 2020). Like-for-like sales growth: Down 27.0% vs FY 2020 Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance.Analyst Estimate Surprise Post Earnings • Mar 12Revenue beats expectationsRevenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 39%, compared to a 7.6% growth forecast for the Specialty Retail industry in Germany.お知らせ • Mar 04Express, Inc. to Report Q4, 2021 Results on Mar 10, 2021Express, Inc. announced that they will report Q4, 2021 results on Mar 10, 2021お知らせ • Feb 04Express, Inc. Regains Compliance With NYSE Listing StandardsExpress, Inc. announced that on February 1, 2021, it was notified by the New York Stock Exchange ("NYSE") that the Company had regained compliance with the NYSE's continued listing standards. As previously disclosed, on September 29, 2020, Express received formal notice from the NYSE that it was not in compliance with the NYSE's continued listing standards as a result of the average closing price of the Company's common stock being less than $1.00 per share over a consecutive 30 trading-day period. The Company regained compliance on January 29, 2021 after the Company’s common stock had a closing share price of at least $1.00 and had maintained an average closing share price of at least $1.00 over the 30 trading-day period ending on that date.お知らせ • Dec 04+ 1 more updateExpress, Inc. Announces Additional 10% Workforce Reduction at Its ColumbusExpress, Inc. announced an additional 10% workforce reduction at its Columbus, Ohio corporate office that is expected to result in $13 million in cost savings in 2021. Additionally, as previously communicated, the Company expects to receive a cash tax refund of approximately $95 million in the second quarter of 2021 as part of the CARES Act benefits.Analyst Estimate Surprise Post Earnings • Dec 04Revenue misses expectationsRevenue missed analyst estimates by 14%. Over the next year, revenue is forecast to grow 16%, compared to a 7.0% growth forecast for the Specialty Retail industry in Germany.Reported Earnings • Dec 04Third quarter 2021 earnings released: US$1.39 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2021 results: Revenue: US$322.1m (down 34% from 3Q 2020). Net loss: US$90.3m (loss widened US$87.2m from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 134% per year but the company’s share price has only fallen by 49% per year, which means it has not declined as severely as earnings.お知らせ • Nov 13Express, Inc. to Report Q3, 2021 Results on Dec 03, 2020Express, Inc. announced that they will report Q3, 2021 results at 10:45 AM, GMT Standard Time on Dec 03, 2020お知らせ • Oct 03Express, Inc. Responds to Notice of Non-Compliance With NYSE Trading Share Price Listing Standard RulesExpress, Inc. announced that the New York Stock Exchange (NYSE) has notified the Company that it is no longer in compliance with NYSE continued listing criteria, which require listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30 trading-day period. The Company received written notice of the non-compliance on September 29, 2020. In accordance with NYSE rules, the Company has a period of six months from receipt of the notice to regain compliance with the NYSE’s minimum share price requirement. The notice has no immediate impact on the listing of the common stock, which will remain listed and traded on the NYSE during this period, subject to the Company’s compliance with the other continued listing requirements of the NYSE. Under NYSE rules, the Company can regain compliance at any time during the six-month cure period if on the last trading day of any calendar month during the cure period the Company’s common stock has a closing share price of at least $1.00 and an average closing share price of at least $1.00 over the 30 trading-day period ending on the last trading day of that month or on the last day of the cure period. In accordance with the NYSE’s rules, the Company plans to formally notify the NYSE of its intent to cure the deficiency, including for example through a reverse stock split, subject to Board and stockholder approval, if necessary, to cure the share price non-compliance. The NYSE notification does not affect the ongoing business operations of the Company or its reporting requirements with the Securities and Exchange Commission nor does it trigger any violation of its debt obligations.お知らせ • Sep 21+ 4 more updatesExpress, Inc.(NYSE:EXPR) dropped from S&P Composite 1500Express, Inc.(NYSE:EXPR) dropped from S&P Composite 1500お知らせ • Aug 27Express, Inc. Not Provide Guidance for the Third Quarter 2020Express, Inc. announced that due to the uncertainty of the current environment, the Company will not provide guidance for the third quarter or the year at this time.お知らせ • Aug 06Express, Inc. to Report Q2, 2021 Results on Aug 26, 2020Express, Inc. announced that they will report Q2, 2021 results on Aug 26, 2020お知らせ • Jul 17Express Provides Business and Store Reopening UpdatesExpress, Inc. provided an update on its current business and latest store reopening plans. The Company unveiled a comprehensive strategy at the New York Stock Exchange in late January of this year called The EXPRESSway Forward, and was in the early stages of a transformation when the pandemic struck and forced the closure of stores and offices just six weeks later. The Company already had a number of important initiatives underway in support of its four foundational pillars of Product, Brand, Customer, and Execution, and the business had begun to show positive signs of a turnaround. As of July 5th, the Company has reopened approximately 95% of its stores and expects to open the remaining stores in the coming weeks. All openings have been in accordance with the latest federal and state guidelines, and with adherence to recommended health and safety protocols. As part of the reopening process, the Company has enabled ship from store capabilities in over 330 locations to support online demand. In addition, the Company has enabled buy online pick-up in store capabilities in over 275 stores and plans to have all retail stores enabled by the end of the third quarter. With each successive wave of store openings, sales and traffic improved steadily week over week through the third week in June, with sales outpacing traffic due to higher conversion levels. Comparable sales for open stores sequentially improved from down over 50% in early May to approximately negative 15% by the third week in June. Traffic also improved, from approximately negative 65% in early May to approximately negative 30% by the third week in June. As COVID-19 cases began to spike in several states in late June, the Company saw declines in both sales and traffic in Arizona, California, Florida, and Texas, which were significant enough to impact total results. Results in stores have been negatively impacted by multiple factors, including reduced mall traffic due to COVID-19 and the cancellation of June and July product, the latter causing the assortments to not yet be fully reflective of the Company’s new vision but deemed prudent in order to effectively manage liquidity. The Company has continued to see improvement in online sales and traffic on its website and mobile app which reflects positive consumer response to the new product. Digital demand has improved throughout the quarter and delivered a positive comp in June due to an increase in both traffic and conversion. Digital penetration to the total has remained elevated even as stores have reopened.業績と収益の成長予測DB:02Z0 - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数1/31/20252,076N/A-12N/A21/31/20241,924N/A-29N/A27/29/20231,767181-207-157N/A4/29/20231,797232-212-162N/A1/28/20231,864294-204-157N/A10/29/20221,945-32-126-85N/A7/30/20221,98316-77-39N/A4/30/20221,97519-2115N/A1/29/20221,870-145589N/A10/30/20211,706-75-156N/A7/31/20211,556-179-103-86N/A5/1/20211,344-297-210-194N/A1/30/20211,208-405-340-324N/A10/31/20201,385-494-224-194N/A8/1/20201,551-407-116-81N/A5/2/20201,778-308-61-24N/A2/1/20202,019-1645491N/A11/2/20192,041-245088N/A8/3/20192,067-132368N/A5/4/20192,088-13682N/A2/2/20192,116102474N/A11/3/20182,188384289N/A8/4/20182,1763672116N/A5/5/20182,164224293N/A2/3/20182,1591961119N/A10/28/20172,13814114175N/A7/29/20172,1402072151N/A4/29/20172,16442N/A203N/A1/28/20172,20458N/A187N/A10/29/20162,27991N/A234N/A7/30/20162,320105N/A212N/A4/30/20162,351116N/A209N/A1/30/20162,350117N/A230N/A10/31/20152,310102N/A214N/A8/1/20152,26190N/A215N/A5/2/20152,20776N/A193N/A1/31/20152,16568N/A157N/A11/1/20142,15674N/A155N/A8/2/20142,16279N/A163N/A5/3/20142,17089N/A159N/A2/1/20142,219117N/A195N/A11/2/20132,241133N/A218N/A8/3/20132,206131N/A232N/A5/4/20132,171130N/A229N/A2/2/20132,157139N/A269N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 02Z0の予測収益成長が 貯蓄率 ( 0.5% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 02Z0の収益がGerman市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 02Z0の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 02Z0の収益 ( 10.2% ) German市場 ( 6.8% ) よりも速いペースで成長すると予測されています。高い収益成長: 02Z0の収益 ( 10.2% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 02Z0の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YRetail 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2023/11/27 10:29終値2023/08/30 00:00収益2023/07/29年間収益2023/01/28データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Express, Inc. 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。25 アナリスト機関Stacy PakBarclaysJohn MorrisBMO Capital Markets Equity ResearchLorraine Corrine HutchinsonBofA Global Research22 その他のアナリストを表示
お知らせ • Dec 01Express, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2023Express, Inc. provided earnings guidance for the fourth quarter and full year of 2023. For the year, the company expects net sales to be between approximately $565 million to $590 million, including the 14th week and approximately $60 million in Bonobos net sales.For the full year, the company expects net sales to be between approximately $1.840 billion to $1.865 billion, including the 53rd week and approximately $150 million in Bonobos net sales. Diluted loss per share to be between $46.00 to $50.00.
お知らせ • Jan 10Express, Inc. Reaffirms Earnings Guidance for the Full Year 2022Express, Inc. reaffirmed earnings guidance for the full year 2022. For the year, the company now expects comparable sales of around flat, consistent with prior outlook and diluted loss per share of $1.18 to $1.22, within the range of prior outlook, excluding impact of $260 million in proceeds from WHP partnership expected to close January 2023. The other elements of the full year 2022 outlook provided by the Company on December 8, 2022, remain unchanged.
お知らせ • Dec 09Express, Inc. Provides Earnings Guidance for the Full Year 2022Express, Inc. provided earnings guidance for the full year 2022. For the year, the company expects diluted loss per share to be in the range of $1.12 to $1.22.
お知らせ • Sep 01Express, Inc. Provides Earnings Guidance for the Third Quarter and Full Year 2022Express, Inc. provided earnings guidance for the third Quarter and Full Year 2022. For third quarter, the company expects Comparable sales to decrease mid-single digitsFor the full year 2022, the company expects Comparable sales to increase mid-single digits.
お知らせ • May 26Express, Inc. Provides Second Quarter and Raises Full Year 2022 outlookExpress, Inc. Provided Second Quarter and Raises Full Year 2022. The company Raises full year comparable sales outlook to an increase of 8% - 10%. The company also provided outlook for a mid-single digit increase in second quarter comparable sales.
お知らせ • Aug 26Express, Inc. Provides Earnings Guidance for the Second Half and Full Year 2021Express, Inc. provided earnings guidance for the second half and full year 2021. For the period, net Sales above 2019 levels on a comparable basis for the second half of the year.
お知らせ • Aug 08First Motion for Exclusivity Period Extension Approved For Express, Inc.The US Bankruptcy Court granted an order for the extension of the exclusivity periods for Express, Inc. on August 7, 2024. As per the order, the debtor’s exclusivity period to file its plan and to solicit votes on its plan, have been extended by 90 days i.e. up to November 18, 2024 and January 20, 2025, respectively.
お知らせ • Aug 02Reorganization Plan and Disclosure Statement Filed by Express, Inc.Express, Inc., along with its affiliates, filed a joint plan of reorganization with related disclosure statement in the US Bankruptcy Court on July 31, 2024. As per the plan filed, administrative claims, priority tax claims, professional fee claims, DIP claims, U.S. Trustee fees, other secured claims of $0 and other priority claims of $29 million shall be paid in full in cash. General unsecured claims of $212 million with expected recovery of 10% - 15% shall receive, in full and final satisfaction, compromise, settlement, and release of and in exchange for its claim, its pro rata share of the distributable proceeds. Intercompany claims and intercompany interests shall either be reinstated, set off, settled, distributed, contributed, cancelled, or released without any distribution. Existing equity interests in express and section 510(b) claims shall be cancelled, released, and extinguished without any distribution to holders of such claims. The plan shall be funded from available cash and sale of assets.
お知らせ • Jun 27WHP Global, LLC, Brookfield Properties, Inc, Centennial Real Estate Management, LLC, and Simon Property Group, L.P completed the acquisition of majority Retail stores and operations of Express, Inc (OTCPK:EXPR).WHP Global, LLC, Brookfield Properties, Inc, Centennial Real Estate Management, LLC, and Simon Property Group, L.P signed a non-binding letter of intent to acquire majority of Retail stores and operations of Express, Inc (OTCPK:EXPR) for approximately $170 million on April 22, 2024. The transaction value consists of $136 million in cash considerations and $38 million in assumed liabilities. The transaction is subject to the approval of the Bankruptcy Court. Kirkland & Ellis LLP acted as a legal advisor, Moelis & Company LLC and M3 Partners, LP acted as a financial advisor to Express, Inc. As on June 14, 2024 court has approved the transaction. WHP Global, LLC, Brookfield Properties, Inc, Centennial Real Estate Management, LLC, and Simon Property Group, L.P completed the acquisition of Retail stores and operations of Express, Inc (OTCPK:EXPR) on June 25, 2024.
お知らせ • May 08Express, Inc. announced delayed annual 10-K filingOn 05/06/2024, Express, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
お知らせ • Apr 25Express, Inc. Files Form 15Express, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $0.01 per share.
お知らせ • Apr 23+ 4 more updatesMotion for Asset Sale Filed by Express, Inc.Express, Inc., filed a motion in the US Bankruptcy Court for the sale of substantially all its assets on April 22, 2024. The debtor seeks the Court’s approval for the sale of its substantially all its assets to the stalking horse bidder. To qualify as a qualified bidder, interested parties should submit their bids by May 24, 2024, in the event of a Going-Out-Of-Business Bid Deadline; June 3, 2024, in the event of a Going-Concern Sale Transaction; or June 4, 2024, in the event that there is not a Going-Concern Sale Transaction; and in the event of a Going-Concern Sale Transaction, such Sale Transaction must be consummated not later than June 10, 2024, along with good-faith deposit in the amount of 10% of the bid price. The debtor has scheduled an auction on May 24, 2024, in the event of a Going-Out-Of-Business Bid Deadline; June 3, 2024, in the event of a Going-Concern Sale Transaction; or June 4, 2024, in the event that there is not a Going-Concern Sale Transaction; and in the event of a Going-Concern Sale Transaction, such Sale Transaction must be consummated not later than June 10, 2024. At the auction, the subsequent bids would be in increments of $0.1 million. The stalking horse bidder would be entitled to a break-up fee of 3% of purchase price and expense reimbursement of 3% of purchase price in case of termination of the asset purchase agreement. The sale hearing is scheduled for June 7, 2024, and June 11, 2024.
お知らせ • Mar 07The New York Stock Exchange to Commence Delisting Proceedings against ExpressThe New York Stock Exchange (‘NYSE’, the ‘Exchange’) announced that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of Express, Inc. (the ‘Company’) from the NYSE. Trading in the Company’s common stock will be suspended immediately. NYSE Regulation reached its decision to delist the Company’s common stock pursuant to Section 802.01B of the NYSE’s Listed Company Manual because the Company had fallen below the NYSE’s continued listing standard requiring listed companies to maintain an average global market capitalization over a consecutive 30 trading day period of at least $15,000,000. The Company has a right to a review of this determination by a Committee of the Board of Directors of the Exchange. The NYSE will apply to the Securities and Exchange Commission to delist the common stock upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision.
お知らせ • Dec 22Express, Inc. Announces Resignation of Antonio J. Lucio to Its Board of DirectorsOn December 18, 2023,Express, Inc. announced Antonio J. Lucio notified the Board of Directors of his decision to resign from the Board, effective immediately. Mr. Lucio informed the Board that his resignation from the Board was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Effective immediately following Mr. Lucio’s resignation, the Board decreased the size of the Board from ten to nine directors.
お知らせ • Dec 01Express, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2023Express, Inc. provided earnings guidance for the fourth quarter and full year of 2023. For the year, the company expects net sales to be between approximately $565 million to $590 million, including the 14th week and approximately $60 million in Bonobos net sales.For the full year, the company expects net sales to be between approximately $1.840 billion to $1.865 billion, including the 53rd week and approximately $150 million in Bonobos net sales. Diluted loss per share to be between $46.00 to $50.00.
お知らせ • Nov 17Express, Inc. to Report Q3, 2024 Results on Nov 30, 2023Express, Inc. announced that they will report Q3, 2024 results at 9:00 AM, US Eastern Standard Time on Nov 30, 2023
お知らせ • Sep 09Express, Inc. Appoints Stewart Glendinning as Chief Executive Officer, Effective September 15, 2023Express, Inc. announced that Stewart Glendinning has been appointed Chief Executive Officer and a member of the Express Board of Directors, effective September 15, 2023. Glendinning succeeds Tim Baxter, who has resigned as Chief Executive Officer and as a member of the Board. Baxter will be available as needed to support a smooth transition. Glendinning brings to Express more than 20 years of experience in the consumer products industry and a proven record of operating excellence, financial discipline and building high-performing teams to grow iconic brands. He most recently served as Group President, Prepared Foods of Tyson Foods, Inc. In this role, he managed all aspects of the Prepared Foods portfolio, including renowned brands Jimmy Dean, Hillshire Farm and Ball Park, and guided the business to strong volume performance and market share gains across the retail brand portfolio. Previously, Glendinning was Chief Financial Officer of Tyson Foods and responsible for worldwide financial planning, finance and accounting functions.
お知らせ • Sep 08Express, Inc. Appoints Stewart Glendinning as Member of Board of Directors, Effective September 15, 2023Express, Inc. announced that Stewart Glendinning has been appointed Chief Executive Officer and a member of the Express Board of Directors, effective September 15, 2023. Glendinning succeeds Tim Baxter, who has resigned as Chief Executive Officer and as a member of the Board. Baxter will be available as needed to support a smooth transition. Glendinning brings to Express more than 20 years of experience in the consumer products industry and a proven record of operating excellence, financial discipline and building high-performing teams to grow iconic brands. He most recently served as Group President, Prepared Foods of Tyson Foods, Inc. In this role, he managed all aspects of the Prepared Foods portfolio, including renowned brands Jimmy Dean, Hillshire Farm and Ball Park, and guided the business to strong volume performance and market share gains across the retail brand portfolio. Previously, Glendinning was Chief Financial Officer of Tyson Foods and responsible for worldwide financial planning, finance and accounting functions.
Reported Earnings • Sep 07Second quarter 2024 earnings released: US$11.79 loss per share (vs US$2.07 profit in 2Q 2023)Second quarter 2024 results: US$11.79 loss per share (down from US$2.07 profit in 2Q 2023). Revenue: US$435.3m (down 6.4% from 2Q 2023). Net loss: US$44.1m (down US$51.1m from profit in 2Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
お知らせ • Aug 30Express, Inc. to Report Q2, 2024 Results on Sep 06, 2023Express, Inc. announced that they will report Q2, 2024 results on Sep 06, 2023
お知らせ • Jul 15Express, Inc. Announces Resignation of Malissa Akay as Executive Vice President and Chief Merchandising OfficerOn July 14, 2023 Express, Inc. announced expense reduction initiative, Malissa Akay ceased to serve as Executive Vice President and Chief Merchandising Officer of the company effective immediately.
お知らせ • Jun 25+ 2 more updatesExpress, Inc.(NYSE:EXPR) dropped from Russell Small Cap Comp Value IndexExpress, Inc.(NYSE:EXPR) dropped from Russell Small Cap Comp Value Index
お知らせ • May 25+ 1 more updateWHP Global, LLC and Express, Inc. (NYSE:EXPR) completed the acquisition of Bonobos, Inc. from Walmart Inc. (NYSE:WMT).WHP Global, LLC and Express, Inc. (NYSE:EXPR) entered into a definitive agreement to acquire Bonobos, Inc. from Walmart Inc. (NYSE:WMT) for $75 million on April 13, 2023. John Hutchison will become Brand President of Bonobos and report to Tim Baxter after the transaction closes. Bonobos will remain at its current headquarters in New York. Moelis & Company LLC acted as financial advisor to Express. Rachael G. Coffey, P.C.; Eric L. Schiele, P.C.; Martha Todd; Arjun Karthikeyan; Alex Adamis of Kirkland & Ellis LLP acted as legal advisor to Express. Goodwin Procter LLP acted as legal advisor to WHP. The deal is expected to close in FQ2, 2023 of Express Inc. WHP Global, LLC and Express, Inc. (NYSE:EXPR) completed the acquisition of Bonobos, Inc. from Walmart Inc. (NYSE:WMT) on May 24, 2023.
Reported Earnings • May 25First quarter 2024 earnings released: US$0.99 loss per share (vs US$0.18 loss in 1Q 2023)First quarter 2024 results: US$0.99 loss per share (further deteriorated from US$0.18 loss in 1Q 2023). Revenue: US$383.3m (down 15% from 1Q 2023). Net loss: US$73.4m (loss widened US$61.5m from 1Q 2023). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.
お知らせ • May 13Express, Inc. to Report Q1, 2024 Results on May 24, 2023Express, Inc. announced that they will report Q1, 2024 results at 9:30 AM, US Eastern Standard Time on May 24, 2023
Reported Earnings • Mar 25Full year 2023 earnings released: EPS: US$4.32 (vs US$0.22 loss in FY 2022)Full year 2023 results: EPS: US$4.32 (up from US$0.22 loss in FY 2022). Revenue: US$1.86b (flat on FY 2022). Net income: US$293.8m (up US$308.3m from FY 2022). Profit margin: 16% (up from net loss in FY 2022). Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
お知らせ • Jan 28Express, Inc. Appoints Yehuda Shmidman to Board of Directors as Class II DirectorOn January 25, 2023, Express, Inc. completed the previously announced transactions contemplated by (i) the Investment Agreement, by and between the Company and WH Borrower, LLC, dated as of December 8, 2022 and (ii) the Membership Interest Purchase Agreement, by and among the Company, WHP and Express, LLC, dated as of December 8, 2022. On January 25, 2023, Mr. Yehuda Shmidman, Chairman and Chief Executive Officer of WHP Global, was appointed to the Company’s Board of Directors as a Class II director in connection with the Closing. In connection with this appointment, the Board increased its size from ten to eleven directors.
お知らせ • Jan 10Express, Inc. Reaffirms Earnings Guidance for the Full Year 2022Express, Inc. reaffirmed earnings guidance for the full year 2022. For the year, the company now expects comparable sales of around flat, consistent with prior outlook and diluted loss per share of $1.18 to $1.22, within the range of prior outlook, excluding impact of $260 million in proceeds from WHP partnership expected to close January 2023. The other elements of the full year 2022 outlook provided by the Company on December 8, 2022, remain unchanged.
Reported Earnings • Dec 09Third quarter 2023 earnings released: US$0.51 loss per share (vs US$0.20 profit in 3Q 2022)Third quarter 2023 results: US$0.51 loss per share (down from US$0.20 profit in 3Q 2022). Revenue: US$434.1m (down 8.0% from 3Q 2022). Net loss: US$34.4m (down 363% from profit in 3Q 2022). Revenue is forecast to grow 3.7% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.
お知らせ • Dec 09Express, Inc. Provides Earnings Guidance for the Full Year 2022Express, Inc. provided earnings guidance for the full year 2022. For the year, the company expects diluted loss per share to be in the range of $1.12 to $1.22.
お知らせ • Dec 02Express, Inc. Appoints Satish Mehta to Board of DirectorsThe Board of Directors of Express, Inc. has named Satish Mehta as a Class I director, effective December 1, 2022. Mr. Mehta, 57, 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 retailer Chewy, Inc. Mr. Mehta has over 20 years of experience across consumer products, technology and apparel. His background includes leadership positions at UnitedHealth Group, Staples, Yahoo!, and Gap, Inc. He spent 13 years in the Indian Navy, leaving the service as a Lieutenant Commander to join the private sector.
お知らせ • Nov 29Express, Inc. to Report Q3, 2023 Results on Dec 08, 2022Express, Inc. announced that they will report Q3, 2023 results on Dec 08, 2022
Valuation Update With 7 Day Price Move • Nov 02Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €1.09, the stock trades at a trailing P/E ratio of 4.9x. Average forward P/E is 11x in the Specialty Retail industry in Germany. Total loss to shareholders of 68% over the past three years.
Reported Earnings • Sep 01Second quarter 2023 earnings released: EPS: US$0.10 (vs US$0.16 in 2Q 2022)Second quarter 2023 results: EPS: US$0.10 (down from US$0.16 in 2Q 2022). Revenue: US$464.9m (up 1.6% from 2Q 2022). Net income: US$7.04m (down 34% from 2Q 2022). Profit margin: 1.5% (down from 2.3% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 11% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 01Express, Inc. Provides Earnings Guidance for the Third Quarter and Full Year 2022Express, Inc. provided earnings guidance for the third Quarter and Full Year 2022. For third quarter, the company expects Comparable sales to decrease mid-single digitsFor the full year 2022, the company expects Comparable sales to increase mid-single digits.
Valuation Update With 7 Day Price Move • Aug 29Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €1.91, the stock trades at a trailing P/E ratio of 6.9x. Average forward P/E is 11x in the Specialty Retail industry in Germany. Negligible returns to shareholders over past three years.
お知らせ • Aug 10Express, Inc. to Report Q2, 2023 Results on Aug 31, 2022Express, Inc. announced that they will report Q2, 2023 results on Aug 31, 2022
Valuation Update With 7 Day Price Move • Aug 09Investor sentiment improved over the past weekAfter last week's 22% share price gain to €2.01, the stock trades at a trailing P/E ratio of 7.7x. Average forward P/E is 12x in the Specialty Retail industry in Germany. Total returns to shareholders of 7.9% over the past three years.
Valuation Update With 7 Day Price Move • Jul 02Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €1.83, the stock trades at a trailing P/E ratio of 6.7x. Average forward P/E is 10x in the Specialty Retail industry in Germany. Total loss to shareholders of 18% over the past three years.
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €2.09, the stock trades at a trailing P/E ratio of 7.8x. Average forward P/E is 10x in the Specialty Retail industry in Germany. Total loss to shareholders of 12% over the past three years.
Reported Earnings • May 26First quarter 2023 earnings released: US$0.18 loss per share (vs US$0.70 loss in 1Q 2022)First quarter 2023 results: US$0.18 loss per share (up from US$0.70 loss in 1Q 2022). Revenue: US$450.8m (up 30% from 1Q 2022). Net loss: US$11.9m (loss narrowed 74% from 1Q 2022). Over the next year, revenue is forecast to grow 3.8%, compared to a 9.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 5% per year.
お知らせ • May 26Express, Inc. Provides Second Quarter and Raises Full Year 2022 outlookExpress, Inc. Provided Second Quarter and Raises Full Year 2022. The company Raises full year comparable sales outlook to an increase of 8% - 10%. The company also provided outlook for a mid-single digit increase in second quarter comparable sales.
お知らせ • May 12Express, Inc. to Report Q1, 2023 Results on May 25, 2022Express, Inc. announced that they will report Q1, 2023 results on May 25, 2022
お知らせ • May 02Express, Inc., Annual General Meeting, Jun 08, 2022Express, Inc., Annual General Meeting, Jun 08, 2022, at 08:30 US Eastern Standard Time. Agenda: To consider the election of class III directors; to approve executive compensation (Say-on-Pay); to consider the ratification of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for 2022; and to consider Such other business as may properly come before the meeting.
Reported Earnings • Mar 10Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: US$0.22 loss per share (up from US$6.27 loss in FY 2021). Revenue: US$1.87b (up 55% from FY 2021). Net loss: US$14.4m (loss narrowed 96% from FY 2021). Like-for-like sales growth: 37.0% vs FY 2021 Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 6.2%, compared to a 18% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 25Express, Inc. to Report Q4, 2022 Results on Mar 09, 2022Express, Inc. announced that they will report Q4, 2022 results on Mar 09, 2022
お知らせ • Feb 02Express, Inc. Names Patricia E. Lopez as Class II Director, Effective February 1, 2022Express, Inc. has named Patricia E. Lopez as a Class II director, effective February 1, 2022. Ms. Lopez, 60, is an accomplished multinational executive with experience in global marketing and general management roles. She was previously CEO of High Ridge Brands.
Board Change • Dec 04High number of new directorsDirector Antonio Lucio was the last director to join the board, commencing their role in the last week.
Reported Earnings • Dec 03Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: US$0.20 (up from US$1.39 loss in 3Q 2021). Revenue: US$472.0m (up 47% from 3Q 2021). Net income: US$13.1m (up US$103.4m from 3Q 2021). Profit margin: 2.8% (up from net loss in 3Q 2021). Revenue missed analyst estimates by 6.2%. Over the next year, revenue is forecast to grow 26%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 27Second quarter 2022 earnings released: EPS US$0.16 (vs US$1.67 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: US$457.6m (up 86% from 2Q 2021). Net income: US$10.6m (up US$118.4m from 2Q 2021). Profit margin: 2.3% (up from net loss in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 26Express, Inc. Provides Earnings Guidance for the Second Half and Full Year 2021Express, Inc. provided earnings guidance for the second half and full year 2021. For the period, net Sales above 2019 levels on a comparable basis for the second half of the year.
お知らせ • Jun 28+ 7 more updatesExpress, Inc.(NYSE:EXPR) dropped from Russell 3000E Value IndexExpress, Inc.(NYSE:EXPR) dropped from Russell 3000E Value Index
Reported Earnings • Jun 05First quarter 2022 earnings released: US$0.70 loss per share (vs US$2.41 loss in 1Q 2021)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: US$345.8m (up 64% from 1Q 2021). Net loss: US$45.7m (loss narrowed 70% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 04Express, Inc. Provides Earnings Guidance for the Second Quarter and Full Year 2021Express, Inc. provided earnings guidance for the second quarter and full year 2021. For the second quarter the company expected Net interest expense to be $4 million. For the period the company expected Sequential comparable sales improvement throughout the year. Net interest expense of $16 million for the full year.
お知らせ • May 29Rosen Law Announces Updated Lead Plaintiff Deadline in Securities Class Action Lawsuits on Behalf of Investors Unable to Execute Trades and Who Sold And/Or Purchased Certain Securities on the Robinhood Trading Platform on or Around January 28, 2021Rosen Law Firm announced the updated July 27, 2021lead plaintiff deadline in the class action lawsuits filed on behalf of those who were unable to execute trades, sold, and/or purchased certain securities including American Airlines Group Inc., AMC Entertainment Holdings Inc., BlackBerry Limited, Bed Bath & Beyond Inc., GameStop Corp., Express, Koss Corporation, Naked Brand Group, Nokia Corporation, Sundial Growers, Inc., Tootsie Roll Industries, and Trivago NV(collectively, the “Affected Securities”) on the Robinhood Trading Platform on or around January 28, 2021. The lawsuits variously seek to recover damages for those affected by Robinhood’s alleged market manipulation in violation of Sections 9(a) and 10(b) of the Securities Exchange Act of 1934 (15 U.S.C. §§ 78i(a) and 78(j)(b), and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission (17 C.F.R. § 240.10b-5)). According to the lawsuits, Robinhood engaged in illegal market manipulation by restricting trading of some or all of the Affected Securities. The manipulation depressed the value of the Affected Securities causing substantial losses to investors. On the other hand, the alleged manipulation bestowed significant benefits to those who had short positions on the Affected Securities, including hedge funds. Pursuant to the Private Securities Litigation Reform Act of 1995 (15 U.S.C. § 78u-4(a)(3)(A)(i)(II)), if wish to serve as lead plaintiff, must move the Court no later than July 27, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
Reported Earnings • Mar 12Full year 2021 earnings released: US$6.27 loss per share (vs US$2.49 loss in FY 2020)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: US$1.21b (down 40% from FY 2020). Net loss: US$405.4m (loss widened 147% from FY 2020). Like-for-like sales growth: Down 27.0% vs FY 2020 Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance.
Analyst Estimate Surprise Post Earnings • Mar 12Revenue beats expectationsRevenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 39%, compared to a 7.6% growth forecast for the Specialty Retail industry in Germany.
お知らせ • Mar 04Express, Inc. to Report Q4, 2021 Results on Mar 10, 2021Express, Inc. announced that they will report Q4, 2021 results on Mar 10, 2021
お知らせ • Feb 04Express, Inc. Regains Compliance With NYSE Listing StandardsExpress, Inc. announced that on February 1, 2021, it was notified by the New York Stock Exchange ("NYSE") that the Company had regained compliance with the NYSE's continued listing standards. As previously disclosed, on September 29, 2020, Express received formal notice from the NYSE that it was not in compliance with the NYSE's continued listing standards as a result of the average closing price of the Company's common stock being less than $1.00 per share over a consecutive 30 trading-day period. The Company regained compliance on January 29, 2021 after the Company’s common stock had a closing share price of at least $1.00 and had maintained an average closing share price of at least $1.00 over the 30 trading-day period ending on that date.
お知らせ • Dec 04+ 1 more updateExpress, Inc. Announces Additional 10% Workforce Reduction at Its ColumbusExpress, Inc. announced an additional 10% workforce reduction at its Columbus, Ohio corporate office that is expected to result in $13 million in cost savings in 2021. Additionally, as previously communicated, the Company expects to receive a cash tax refund of approximately $95 million in the second quarter of 2021 as part of the CARES Act benefits.
Analyst Estimate Surprise Post Earnings • Dec 04Revenue misses expectationsRevenue missed analyst estimates by 14%. Over the next year, revenue is forecast to grow 16%, compared to a 7.0% growth forecast for the Specialty Retail industry in Germany.
Reported Earnings • Dec 04Third quarter 2021 earnings released: US$1.39 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2021 results: Revenue: US$322.1m (down 34% from 3Q 2020). Net loss: US$90.3m (loss widened US$87.2m from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 134% per year but the company’s share price has only fallen by 49% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 13Express, Inc. to Report Q3, 2021 Results on Dec 03, 2020Express, Inc. announced that they will report Q3, 2021 results at 10:45 AM, GMT Standard Time on Dec 03, 2020
お知らせ • Oct 03Express, Inc. Responds to Notice of Non-Compliance With NYSE Trading Share Price Listing Standard RulesExpress, Inc. announced that the New York Stock Exchange (NYSE) has notified the Company that it is no longer in compliance with NYSE continued listing criteria, which require listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30 trading-day period. The Company received written notice of the non-compliance on September 29, 2020. In accordance with NYSE rules, the Company has a period of six months from receipt of the notice to regain compliance with the NYSE’s minimum share price requirement. The notice has no immediate impact on the listing of the common stock, which will remain listed and traded on the NYSE during this period, subject to the Company’s compliance with the other continued listing requirements of the NYSE. Under NYSE rules, the Company can regain compliance at any time during the six-month cure period if on the last trading day of any calendar month during the cure period the Company’s common stock has a closing share price of at least $1.00 and an average closing share price of at least $1.00 over the 30 trading-day period ending on the last trading day of that month or on the last day of the cure period. In accordance with the NYSE’s rules, the Company plans to formally notify the NYSE of its intent to cure the deficiency, including for example through a reverse stock split, subject to Board and stockholder approval, if necessary, to cure the share price non-compliance. The NYSE notification does not affect the ongoing business operations of the Company or its reporting requirements with the Securities and Exchange Commission nor does it trigger any violation of its debt obligations.
お知らせ • Sep 21+ 4 more updatesExpress, Inc.(NYSE:EXPR) dropped from S&P Composite 1500Express, Inc.(NYSE:EXPR) dropped from S&P Composite 1500
お知らせ • Aug 27Express, Inc. Not Provide Guidance for the Third Quarter 2020Express, Inc. announced that due to the uncertainty of the current environment, the Company will not provide guidance for the third quarter or the year at this time.
お知らせ • Aug 06Express, Inc. to Report Q2, 2021 Results on Aug 26, 2020Express, Inc. announced that they will report Q2, 2021 results on Aug 26, 2020
お知らせ • Jul 17Express Provides Business and Store Reopening UpdatesExpress, Inc. provided an update on its current business and latest store reopening plans. The Company unveiled a comprehensive strategy at the New York Stock Exchange in late January of this year called The EXPRESSway Forward, and was in the early stages of a transformation when the pandemic struck and forced the closure of stores and offices just six weeks later. The Company already had a number of important initiatives underway in support of its four foundational pillars of Product, Brand, Customer, and Execution, and the business had begun to show positive signs of a turnaround. As of July 5th, the Company has reopened approximately 95% of its stores and expects to open the remaining stores in the coming weeks. All openings have been in accordance with the latest federal and state guidelines, and with adherence to recommended health and safety protocols. As part of the reopening process, the Company has enabled ship from store capabilities in over 330 locations to support online demand. In addition, the Company has enabled buy online pick-up in store capabilities in over 275 stores and plans to have all retail stores enabled by the end of the third quarter. With each successive wave of store openings, sales and traffic improved steadily week over week through the third week in June, with sales outpacing traffic due to higher conversion levels. Comparable sales for open stores sequentially improved from down over 50% in early May to approximately negative 15% by the third week in June. Traffic also improved, from approximately negative 65% in early May to approximately negative 30% by the third week in June. As COVID-19 cases began to spike in several states in late June, the Company saw declines in both sales and traffic in Arizona, California, Florida, and Texas, which were significant enough to impact total results. Results in stores have been negatively impacted by multiple factors, including reduced mall traffic due to COVID-19 and the cancellation of June and July product, the latter causing the assortments to not yet be fully reflective of the Company’s new vision but deemed prudent in order to effectively manage liquidity. The Company has continued to see improvement in online sales and traffic on its website and mobile app which reflects positive consumer response to the new product. Digital demand has improved throughout the quarter and delivered a positive comp in June due to an increase in both traffic and conversion. Digital penetration to the total has remained elevated even as stores have reopened.