Categories Consumer, Earnings, Retail

Express, Inc (EXPR): Q4 2019 Earnings Snapshot

— Express Inc (NYSE: EXPR) reported earnings of $0.19 per share in the fourth quarter of 2019, vs $0.18 per share expected. 

— Q4 consolidated net sales fell 3% to $606.7 million, vs. $601.4 million expected. Consolidated comparable sales were down 3%.

— Comparable outlet sales rose 2% as sales increased to $143.8 million from $129.4 million a year ago.

— For the first quarter, the company expects comparable sales to decrease in the mid-single digit. Diluted loss per share for this period is projected to be 18 to 22 cents. 

— For the full year 2020, capex is estimated in the range of $45 to $50 million. 

— EXPR shares shot up over 13% immediately following the announcement.   

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Most Popular

Does Unity Software (U) stock has more room to run?

Last month, the IPO market was in a full swing. IPOs of Snowflake (NYSE: SNOW) and JFROG (NASDAQ: FROG) had an impressive opening day in September, the former creating a

PepsiCo (PEP): Steady snacking habits amid pandemic drive strong quarter for beverage giant

PepsiCo Inc. (NASDAQ: PEP) beat market expectations on both revenue and earnings for the third quarter of 2020. The company saw the momentum continue in its snacks business while the

Does the virus-driven boom make Electronic Arts (EA) a good investment?

With more and more people turning to virtual entertainment sources, amid the virus-related movement restrictions, video game publishers like Electronic Arts (NASDAQ: EA) are witnessing unusually high demand. Not surprisingly,

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top