Express inc news

Express Inc. is a popular American clothing and accessories retailer that operates a chain of stores across the United States and Canada. Here are some recent news and updates about Express Inc.:

Recent News:

  1. Q2 2022 Earnings Report: Express Inc. reported its Q2 2022 earnings on August 25, 2022. The company's net sales decreased 11% to $344.4 million compared to the same period last year. The company's same-store sales decreased 12% compared to the same period last year.
  2. Store Closures: In July 2022, Express Inc. announced that it would be closing approximately 100 stores across the United States and Canada as part of its efforts to streamline its operations and focus on its e-commerce business.
  3. New CEO: In June 2022, Express Inc. appointed a new CEO, David Kornberg, who previously served as the company's Chief Operating Officer. Kornberg succeeds Sara Eshak, who left the company in May 2022.
  4. Sustainability Efforts: In May 2022, Express Inc. announced its commitment to sustainability, including reducing its carbon footprint, increasing the use of recycled materials, and implementing more efficient supply chain practices.

Recent Updates:

  1. New Store Openings: Express Inc. has been opening new stores across the United States and Canada, including a new location in New York City's SoHo neighborhood.
  2. E-commerce Expansion: The company has been investing in its e-commerce platform, including the launch of a new mobile app and the expansion of its international shipping capabilities.
  3. Partnerships: Express Inc. has partnered with several brands and influencers, including a collaboration with fashion designer, Christian Siriano, to create a limited-edition collection.
  4. Employee Benefits: The company has been focusing on employee benefits, including the introduction of a new parental leave policy and the expansion of its employee wellness program.

Investor Relations:

  1. Stock Performance: Express Inc.'s stock (EXPR) has been trading on the NASDAQ stock exchange since 2005. The company's stock price has been volatile in recent years, with a 52-week range of $2.45 to $6.45 per share.
  2. Investor Events: The company hosts quarterly earnings calls and investor presentations to discuss its financial performance and business strategy.

Please note that the information provided is subject to change and may not be up-to-date. For the latest news and updates about Express Inc., I recommend visiting the company's official website or following reputable news sources.