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Express Inc. - EXPR STOCK NEWS

Welcome to our dedicated news page for Express (Ticker: EXPR), a resource for investors and traders seeking the latest updates and insights on Express.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Express's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Express's position in the market.

News
Express, Inc. Receives Letter of Intent from Consortium led by WHP Global for Sale of Business
Rhea-AI Summary
Express, Inc. announced a potential sale of its retail stores and operations to a consortium led by WHP Global, with commitments for $35 million in new financing. The company filed Chapter 11 petitions and received $49 million from the CARES Act. Express continues to serve customers across its brands and plans to close some stores. Mark Still was named CFO.
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Express, Inc. Receives Delisting Notice From the New York Stock Exchange
Rhea-AI Summary
Express, Inc. (EXPR) announced its delisting from the NYSE and transition to the OTC Pink® Market. The company's common stock will now trade under the symbol 'EXPR' on the OTC market. The delisting was due to the NYSE's requirement of a minimum $15 million market capitalization over 30 consecutive trading days. Despite this change, Express's business operations, SEC reporting obligations, and debt agreements remain unaffected.
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Express Expands Collegiate Athlete Style Ambassador Program
Rhea-AI Summary
Express, Inc. (NYSE: EXPR) announces partnership with Ohio-based student athlete Ethan Grunkemeyer, the brand’s youngest NIL athlete partner. Grunkemeyer, a top college football recruit, signs his first Name, Image, and Likeness (NIL) deal on National Signing Day as he commits to play at Penn State University. The partnership underscores Express' commitment to creating confidence and self-expression on and off the field.
Rhea-AI Impact
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End-of-Day
0.72%
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Express, Inc. Reports Third Quarter 2023 Results
Rhea-AI Summary
Express, Inc. (NYSE: EXPR) reported a 5% increase in consolidated net sales to $454.1 million in the third quarter of 2023. The company's net loss was $36.8 million, or $9.83 per diluted share, compared to a net loss of $34.4 million, or $10.09 per diluted share, in the third quarter of 2022. The company is aiming to deliver $200 million in annualized savings by 2025 and has already achieved $30 million in savings in the third quarter of 2023. Express also announced a goal to reduce costs by $80 million in 2023. The company's full-year outlook includes a 53rd week, with net sales projected to be approximately $1.840 billion to $1.865 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.17%
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earnings
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Express, Inc. Announces Third Quarter 2023 Financial Results to Be Reported on November 30, 2023
Rhea-AI Summary
Express, Inc. (NYSE: EXPR) will report its Q3 2023 financial results on November 30, 2023, at 9:00 a.m. ET. The earnings call, hosted by CEO Stewart Glendinning and Interim CFO Mark Still, can be accessed via phone or webcast. An investor presentation will also be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.9%
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earnings
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Express, Inc. Awards Inducement Grant to Chief Executive Officer in Connection With Recent Appointment
Rhea-AI Summary
Express, Inc. announces grant of performance-based restricted stock units to new CEO
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Express, Inc. Appoints Stewart Glendinning as Chief Executive Officer
Rhea-AI Summary
Express, Inc. appoints Stewart Glendinning as CEO, bringing expertise in operating excellence and financial discipline. Glendinning aims to reinvigorate performance and increase financial strength.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.03%
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Express, Inc. (EXPR) Reports Second Quarter 2023 Results; Reaffirms Full Year 2023 Outlook
Rhea-AI Summary
Express, Inc. announces Q2 2023 financial results, reiterates cost savings plans and secures a $65 million term loan
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.17%
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earnings
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Express, Inc. (EXPR) Announces Second Quarter 2023 Financial Results to Be Reported on September 6, 2023
Rhea-AI Summary
Express, Inc. to report Q2 2023 financial results on September 6, 2023 at 8:30 a.m. ET.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1886.89%
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earnings
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Express Announces Brian Atwood as Creative Director of Footwear
Rhea-AI Summary
Express announces Brian Atwood as Creative Director of Footwear and debuts exclusive shoe collection
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-3.21%
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Stock EXPR logo
Express Inc.

NYSE:EXPR

EXPR Rankings

N/A Ranked by Market Cap
#5016 Ranked by Stock Gains
N/A Ranked by Dividends

EXPR Stock Data

2.81M
3.15M
15.83%
19.39%
16.07%
Clothing Accessories Stores
Retail Trade
Link
US
Columbus

About EXPR

for over 30 years, express has been a legendary fashion icon that offers the hottest styles for 20- to 30-year-old women and men. the company has a distinct combination of fashion and quality at an attractive value for multiple lifestyle occasions, including casual, jeans, work, and going out. express currently operates more than 600 retail and outlet stores with over 16,000 associates, located primarily in high-traffic shopping malls, lifestyle centers and street locations in the united states, canada, latin america, and the middle east. merchandise is also available on the company e-commerce website, express.com.