Express Remains A Mess

Earnings have been a mixed bag for retailers this year, but it seems mall retailer Express always knows how to make a mess. Let’s see what the company did this time… 🙄

Its adjusted loss per share of  $9.83 was worse than the $7.18 expected, while revenues of $454.1 million came in shy of the $471.2 million consensus estimate. Executives don’t expect the sales picture to improve, forecasting fourth-quarter revenues of $565 to $590 million. That’s well below the $633 million Wall Street anticipated. 

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