— Express Inc (NYSE: EXPR) reported earnings of $0.19 per share in the fourth quarter of 2019, vs $0.18 per share expected.
— Q4 consolidated net sales fell 3% to $606.7 million, vs. $601.4 million expected. Consolidated comparable sales were down 3%.
— Comparable outlet sales rose 2% as sales increased to $143.8 million from $129.4 million a year ago.
— For the first quarter, the company expects comparable sales to decrease in the mid-single digit. Diluted loss per share for this period is projected to be 18 to 22 cents.
— For the full year 2020, capex is estimated in the range of $45 to $50 million.
— EXPR shares shot up over 13% immediately following the announcement.
Most Popular
AAPL Earnings: Apple’s Q2 sales and profit beat estimates; iPhone sales down 10%
Apple Inc. (NASDAQ: AAPL) on Thursday reported better-than-expected profit and revenue for the second quarter of 2024. There was a 10% decrease in iPhone sales. The gadget giant reported revenues
Shopify (SHOP) is all set to report Q1 2024 results. Here’s what to expect
Over the years, Shopify Inc. (NYSE: SHOP) has steadily expanded its footprint in the online retail market through constant innovation, like the recent launch of a mobile POS device for
eBay (EBAY): A look at how the ecommerce company fared in Q1 2024
Shares of eBay Inc. (NASDAQ: EBAY) were down over 2% on Thursday. The company reported its earnings results for the first quarter of 2024 a day ago, with revenue and