Express Company Profile (NYSE:EXPR)

Express trades on the New York Stock Exchange (NYSE) under the ticker symbol "EXPR."

Express, Inc. (NYSE:EXPR) released its quarterly earnings results on Thursday, June, 1st. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.02) by $0.05. The business earned $467.03 million during the quarter, compared to the consensus estimate of $468 million. Express had a net margin of 1.85% and a return on equity of 5.83%. The business's quarterly revenue was down 7.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.25 earnings per share. View Express' Earnings History.

Express is scheduled to release their next quarterly earnings announcement on Wednesday, August, 23rd 2017. View Earnings Estimates for Express.

Express updated its FY18 earnings guidance on Thursday, June, 1st. The company provided earnings per share (EPS) guidance of $0.41-0.48 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.67. Express also updated its Q2 guidance to ($0.03)-$0.01 EPS.

12 brokerages have issued 12-month target prices for Express' stock. Their predictions range from $7.00 to $15.00. On average, they anticipate Express' stock price to reach $10.15 in the next twelve months. View Analyst Ratings for Express.

Here are some recent quotes from research analysts about Express stock:

• 1. According to Zacks Investment Research, "Express, Inc. is a specialty retailer of women's and men's apparel in the United States. The Company operates retail outlets in high-traffic shopping malls, lifestyle centers and street locations across the United States. It also sells its products through its e-commerce website, express.com. Express targets women and men between 20 and 30 years of age. The Company offers its customers an edited assortment of apparel and accessories to address fashion needs across multiple aspects of their lifestyles, including work, casual and going-out occasions. Express, Inc. is headquartered in Columbus, Ohio. " (8/15/2017)
• 2. FBR & Co analysts commented, "On March 8, 2017, EXPR reported 4Q16 adjusted EPS of $0.29 vs. FBR/consensus of $0.30/$0.29 and guidance of $0.26–$0.30 (see previous note for details). In 2016, EXPR replaced its legacy IT systems with new order management, retail management, and enterprise planning systems. We would expect these to start to bear fruit toward 2H17/2018. EXPR has also made progress on its initiatives to correct issues that occurred last spring and expects to have deeper offerings. However, we believe traffic headwinds will continue, which is reflected in lower 1Q17 guidance." (3/15/2017)
• 3. BMO Capital Markets analysts commented, "lighter-than-expected earnings." The increased spend on promotional activity also hurt Express' results.BMO said, "Despite the company's efforts to curtail its over-assortment issue and positive cost-saving initiatives (incremental $40 million over the next two years), we maintain our Market Perform rating until we see the green shoots of repatriating its core 20–30-year-old target customer."Related Link: Express Is Now A "Show-Me" (8/25/2016)

Some companies that are related to Express include Buckle, Inc. (The) (BKE), Abercrombie & Fitch Company (ANF), Genesco (GCO), Lands' End (LE), Ascena Retail Group (ASNA), Francesca's Holdings Corporation (FRAN), Joules Group PLC (JOUL), Citi Trends (CTRN), Tilly's (TLYS), Sequential Brands Group (SQBG), Xcel Brands (XELB), Stein Mart (SMRT), Stage Stores (SSI), French Connection Group (FCCN), Kate Spade & Co (KATE), Kate Spade & Co (LIZ) and L Brands (LTD).

Express' management team includes the folowing people:

• Mylle H. Mangum, Independent Chairman of the Board Director
• David G. Kornberg, President, Chief Executive Officer, Director
• Periclis Pericleous, Chief Financial Officer, Senior Vice President, Treasurer
• Matthew C. Moellering, Chief Operating Officer, Executive Vice President
• Jim Hilt, Executive Vice President, Chief Marketing Officer and eCommerce
• Colin Campbell, Executive Vice President - Sourcing and Production
• Erica McIntyre, Executive Vice President—Merchandising
• John J. Rafferty, Executive Vice President - Planning and Allocation
• Douglas H. Tilson, Executive Vice President - Real Estate
• Michael G. Archbold CPA, Independent Director

Express' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.40%), Vanguard Group Inc. (7.83%), Nomura Holdings Inc. (6.35%), State Street Corp (3.33%), Neuberger Berman Group LLC (2.53%) and Renaissance Technologies LLC (2.39%). Company insiders that own Express stock include John J Rafferty, Matthew C Moellering, Michael A Weiss and Pierre Jeanne L St. View Institutional Ownership Trends for Express.

Express' stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Bank of New York Mellon Corp, Arrowstreet Capital Limited Partnership, Vanguard Group Inc., Russell Investments Group Ltd., Systematic Financial Management LP, Cipher Capital LP and Parametric Portfolio Associates LLC. View Insider Buying and Selling for Express.

Express' stock was acquired by a variety of institutional investors in the last quarter, including Nomura Holdings Inc., Renaissance Technologies LLC, Neuberger Berman Group LLC, BNP Paribas Arbitrage SA, SG Americas Securities LLC, Maverick Capital Ltd., Schwab Charles Investment Management Inc. and State Street Corp. View Insider Buying and Selling for Express.

Shares of Express can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Express stock can currently be purchased for approximately $5.70.