Express

Express, Inc. is a dual gender apparel and accessories brand. It operates retail and outlet stores in the United States and Puerto Rico, located primarily in high-traffic shopping malls, lifestyle centers, outlet centers, and street locations. The company reports results as a single segment, which includes the operation of its Express brick-and-mortar retail and outlet stores, eCommerce operations, and franchise operations. Express was founded in 1980 and is headquartered in Columbus, OH.

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NEW YORK , May 24, 2023 /PRNewswire/ -- WHP Global, a leading global brand management firm, announced today that it has closed the joint acquisition of the Bonobos® brand with strategic partner Express, Inc. (NYSE: EXPR).  In conjunction with this transaction, WHP Global and EXPR have entered into an exclusive long-term license agreement granting EXPR the right to use the intellectual property acquired by WHP Global for the operation of the Bonobos business in the United States.

WHP GLOBAL ANNOUNCES THE CLOSING OF BONOBOS BRAND ACQUISITION IN PARTNERSHIP WITH EXPR

Express (EXPR) came out with a quarterly loss of $0.99 per share versus the Zacks Consensus Estimate of a loss of $0.79. This compares to loss of $0.10 per share a year ago.

Express (EXPR) Reports Q1 Loss, Lags Revenue Estimates

Express Inc.'s stock EXPR, +0.59% tumbled 13% in premarket trade Wednesday, after the clothing retailer posted a wider-than-expected first-quarter loss and weaker-than-expected sales . Columbus, Ohio-based Express had a net loss of $73.4 million, or 99 cents a share, for the quarter to April 29, wider than the loss of $11.9 million, or 18 cents a share, posted in the year-earlier period.

Express stock tumbles 13% premarket as loss widens in highly promotional inflationary environment

COLUMBUS, Ohio--(BUSINESS WIRE)--Fashion apparel retailer Express, Inc. (NYSE: EXPR), announced its financial results for the first quarter of 2023. These results, which cover the thirteen weeks ended April 29, 2023, are compared to the thirteen weeks ended April 30, 2022. “In January, we entered into a transformative strategic partnership with WHP Global and began a bold new chapter for our Company that will be guided by a new corporate strategy. We are transforming EXPR to create shareholder.

Express, Inc. (EXPR) Reports First Quarter 2023 Results and Completes Acquisition of Bonobos in Partnership With WHP Global

Express (EXPR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Express (EXPR) to Report a Decline in Earnings: What to Look Out for

COLUMBUS, Ohio--(BUSINESS WIRE)--Fashion apparel retailer Express, Inc. (NYSE: EXPR) announces today that global fashion authority, Rachel Zoe, will be taking on a new strategic role as Style Mentor for the Express Style Editor program. As Style Mentor, Zoe will consult with the brand on the expansion of its Style Editor program, bringing her expertise as a world-renowned fashion icon and businesswoman. Zoe will also work closely with the Express team and her own network to attract new Style Ed.

Express Announces Rachel Zoe In A New Role As Style Mentor

COLUMBUS, Ohio--(BUSINESS WIRE)--Fashion apparel retailer Express, Inc. (NYSE: EXPR) today announced that the Company will report its first quarter 2023 financial results on Wednesday, May 24, 2023, at 8:00 a.m. Eastern Time (ET). Earlier that morning, the Company will issue a press release detailing those results. The conference call will be hosted by Tim Baxter, Chief Executive Officer, and Jason Judd, Chief Financial Officer. Investors and analysts interested in participating in the earnings.

Express, Inc. (EXPR) Announces First Quarter 2023 Financial Results to Be Reported on May 24, 2023

Walmart

The menswear brand will become the property of the brand management firm WHP Global and Express Inc. (EXPR) after the companies signed a definitive agreement with Walmart in a deal valued at $75 million.

Bonobos Acquisition Is Good For WHP, Walmart And Bonobos

Big news out of the fashion industry has a struggling retailer rising today. Yesterday, Express (NYSE: EXPR ) announced plans to acquire men's fashion brand Bonobos from Walmart (NYSE: WMT ) in a deal worth $75 million with partner WHP Global.

EXPR Stock Alert: The $75 Million Reason Express Is Rising Today

Express (EXPR) and WHP Global have acquired Bonobos from Walmart for a combined $75 million.

Express and WHP Global Buy Bonobos From Walmart

Shares of apparel retailer Express Inc. soared more than 20% in extended trading Thursday after announcing a deal to buy menswear brand Bonobos from Walmart Inc. for a fraction of what the mega-retailer paid to acquire it in 2017.

Express shares soar after deal to buy Bonobos from Walmart at a big discount

The discount retailer bought the menswear brand for $310 million in 2017.

Walmart Selling Bonobos for $75 Million to Express, WHP

Walmart has agreed to sell Bonobos to WHP Global and Express for $75 million after purchasing the DTC brand for $310 million in 2017.

Walmart sells Bonobos to WHP Global and Express in $75 million deal

COLUMBUS, Ohio & NEW YORK--(BUSINESS WIRE)--Fashion apparel retailer Express, Inc. (NYSE: EXPR) (the “Company” or “EXPR”) and global brand management firm, WHP Global (“WHP”), today announced a definitive agreement to acquire menswear brand Bonobos, Inc. (“Bonobos”) from Walmart Inc. (“Walmart”). This is the first acquisition to be made jointly by WHP Global and EXPR since finalizing their strategic partnership earlier this year.

WHP Global and EXPR to Acquire Bonobos for a Combined $75 Million

COLUMBUS, Ohio--(BUSINESS WIRE)--Express, Inc. (NYSE: EXPR) (the “Company”) announced today that the New York Stock Exchange (NYSE) has notified the Company that it is no longer in compliance with the NYSE's continued listing minimum price criteria set forth in Section 802.01C of the NYSE's Listed Company Manual, which requires listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30 trading-day period.

Express, Inc. Responds to Notice of Non-Compliance With NYSE Minimum Share Price Continued Listing Standard

Express, Inc. (NYSE: EXPR) announced its financial results for the fourth quarter and full year of 2022. The post Express Announces Fourth Quarter And Full Year 2022 Results appeared first on Pulse 2.0.

Express Announces Fourth Quarter And Full Year 2022 Results

Express, Inc. (NYSE:EXPR ) Q4 2022 Earnings Conference Call March 24, 2023 9:00 AM ET Company Participants Greg Johnson - Vice President, Investor Relations Tim Baxter - Chief Executive Officer Jason Judd - Senior Vice President and Chief Financial Officer Matt Moellering - President and Chief Operating Officer Conference Call Participants Eric Beder - SCC Research Dana Telsey - Telsey Group Operator Ladies and gentlemen, good morning. My name is Abbei, and I'll be your conference operator today.

Express, Inc. (EXPR) Q4 2022 Earnings Call Transcript

Express (EXPR) delivered earnings and revenue surprises of 12.50% and 4.16%, respectively, for the quarter ended January 2023. Do the numbers hold clues to what lies ahead for the stock?

Express (EXPR) Reports Q4 Loss, Misses Revenue Estimates

COLUMBUS, Ohio--(BUSINESS WIRE)--Fashion apparel retailer Express, Inc. (NYSE: EXPR), announced its financial results for the fourth quarter and full year 2022. These results, which cover the thirteen and fifty-two weeks ended January 28, 2023, are compared to the thirteen and fifty-two weeks ended January 29, 2022. "We delivered full year 2022 diluted earnings per share of $4.

Express, Inc. Reports Fourth Quarter and Full Year 2022 Results

Irrespective of banking sector concerns and the further tightening of monetary policy, meme-stock traders apparently can't get enough of their speculative activities. This time around, fashion retailer Express (NYSE: EXPR ) garnered interest as the next possible short-squeeze opportunity.

Is a Giant Short Squeeze Brewing in Express (EXPR) Stock?

COLUMBUS, Ohio--(BUSINESS WIRE)--Fashion apparel retailer Express, Inc. (NYSE: EXPR) today announced the retirement of the Company's President & Chief Operating Officer, Matthew Moellering, effective May 5, 2023. The Company has retained executive search and leadership advisory firm Spencer Stuart to conduct an external search for Mr. Moellering's replacement. Mr. Moellering has been with Express since 2003 and was appointed to his current position in September 2019.

Express, Inc. Announces Retirement of President & COO Matthew Moellering

COLUMBUS, Ohio--(BUSINESS WIRE)--Fashion apparel retailer Express, Inc. (NYSE: EXPR) today announced that the Company will report its fourth quarter and full year 2022 financial results on Friday, March 24, 2023, at 9:00 a.m. Eastern Time (ET). Earlier that morning, the Company will issue a press release detailing those results. The conference call will be hosted by Tim Baxter, Chief Executive Officer, and Jason Judd, Chief Financial Officer.

Express, Inc. Announces Fourth Quarter and Full Year 2022 Financial Results to Be Reported on March 24, 2023

Express has been facing a number of headwinds as consumers pull back on apparel spending. The WPH Global deal improves its balance sheet and gives it some options, but WPH is the real winner.

Express Is Now Basically A Long-Dated Call Option

COLUMBUS, Ohio--(BUSINESS WIRE)--Fashion apparel retailer Express, Inc. (NYSE: EXPR) announced today that Tan France will become the new Lead Stylist of the Express Styling Community. France will use this new platform to inspire Express Style Editors, store associates and the entire community to bring the brand's purpose—We Create Confidence. We Inspire Self-Expression—to life through brand activations and engagements.

Express Announces Tan France as New Lead Stylist

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