Express Inc (PK:EXPR)

Sector:  Consumer Cyclicals Industry:  Apparel & Accessories Retailers
 
See Regulatory Filings on SEC
Company Contact
Address: 1 Express Dr
COLUMBUS OH 43230-1496
Tel: N/A
Website: www.express.com
IR: See website
<
Key People
Stewart F. Glendinning
Chief Executive Officer, Director
Mark Still
Interim Chief Financial Officer, Senior Vice President - Brand Finance and Planning & Allocation, Treasurer
Sara Tervo
Executive Vice President, Chief Marketing Officer
Business Overview
Express, Inc. is a fashion retail company. The Company's business includes an omnichannel operating platform, physical and online stores, and a multi-brand portfolio that includes Express and UpWest. The Company operates approximately 540 Express retail and Express Factory Outlet stores in the United States and Puerto Rico, the express.com online store and the Express mobile app, and 13 UpWest retail stores and the UpWest.com online store. It sells its products through its online store, www.express.com, its mobile app, as well as through franchisees who operate Express locations in Latin America. The Company also sells gift cards in its stores, on its e-commerce Website, and through third parties. It utilizes two facilities for the distribution of its products, both of which are owned and operated by third parties. Virtually all the merchandise sold in its stores and on its Website is received and processed at a central distribution facility in Columbus, Ohio.
Financial Overview
For the 39 weeks ended 28 October 2023, Express Inc revenues decreased 6% to $1.27B. Net loss increased from $39.3M to $154.3M. Revenues reflect Apparel segment decrease of 5% to $1.15B, Comparable Store Sales (Growth- %) decrease from 10.7 to -15.7%, Retail Sales-outlet decrease of 17% to $304.3M. Higher net loss reflects Merchandise Margins, Total - % decrease of 29% to 21.3%, OTHER (INCOME) EXPENSE.
Employees: 11,000 as of Jan 28, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $242.91M as of Oct 28, 2023
Annual revenue (TTM): $1,787M as of Oct 28, 2023
EBITDA (TTM): -$112.23M as of Oct 28, 2023
Net annual income (TTM): $178.87M as of Oct 28, 2023
Free cash flow (TTM): -$238.90M as of Oct 28, 2023
Net Debt Last Fiscal Year: $240.03M as of Oct 28, 2023
Shares outstanding: 3,746,258 as of Dec 5, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.