| (USD) | Oct 2023 | Q/Q |
|---|---|---|
| Revenue | 454.1MM | +4% |
| Gross Profit | 109.5MM | +9% |
| Cost Of Revenue | 344.5MM | - |
| Operating Income | -28.7MM | -27% |
| Operating Expenses | 138.3MM | -1% |
| Net Income | -36.8MM | -16% |
| G&A | 143.6MM | -2% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Clothing retailer Express (EXPR) is filing for bankruptcy as the company has grappled with challenges in retaining consumers in the post-COVID era. The struggling retailer has received a potential acquisition offer from WHP Global, as it navigates the restructuring process. As part of its bankruptcy proceedings, Express plans to implement a strategic downsizing of its physical footprint. The company intends to close 95 of its Express locations and all of its UpWest stores. Yahoo Finance's Brooke...
The retailer whose portfolio includes brands such as Express, Bonobos and UpWest Express, listed assets and liabilities in the range of $1 billion to $10 billion, according to a filing with the bankruptcy court in Delaware. As part of the bankruptcy process, the company will close approximately 95 Express retail stores and all of its UpWest stores, starting Tuesday, it said, without specifying the locations. The company operates about 530 Express retail and Express Factory Outlet stores in the...
COLUMBUS, Ohio, April 22, 2024--Express, Inc. (OTC PINK: EXPR) ("Express" or the "Company") today announced that it has received a non-binding letter of intent from a consortium led by WHP Global ("WHP"), and participants including a wholly owned indirect subsidiary of Simon Property Group, L. P. ("Simon") and Brookfield Properties ("Brookfield") for the potential sale of a substantial majority of the Company’s retail stores and operations.
The company has asked its lenders for funds to help finance a potential Chapter 11 bankruptcy process, the report further said, adding that the preparations to file for bankruptcy are not final and that the plans could change. Express did not immediately respond to a Reuters request for comment. Launched in 1980, Express Inc has a multi-brand portfolio, including Express, Bonobos and UpWest.
COLUMBUS, Ohio, March 06, 2024--Express, Inc. (NYSE: EXPR) ("Express" or the "Company") today announced that it received notification from the New York Stock Exchange ("NYSE") indicating that the common stock of the Company will be delisted, and trading of its common stock on the NYSE was suspended, after market close on March 6, 2024.
U.S. fashion retailers and department stores saw their risk of default improve in February, according to an S&P Global Market report.
(Bloomberg) -- At least one lender to Express Inc. has approached the retailer to put aside a pool of money for expenses tied to a potential future bankruptcy filing, according to people with knowledge of the matter. Most Read from BloombergUS Unveils Biggest Sanctions Package on Russia Since War BeganNvidia Rises Most in About Nine Months as AI Drives SalesT-Bills Without Tax Bills? This Fund Says It Cracked the CodeBezos, Nvidia Join OpenAI in Funding Humanoid Robot StartupUS Lands on Moon in
Amazon Air is closing a Texas cargo-handling facility, which will result in the layoff of 65 workers. The post Amazon Air to close Texas facility, terminating 65 workers appeared first on FreightWaves.
In a memo on Wednesday, Stewart Glendinning said the apparel retailer is awaiting a $52 million CARES Act payment to help with long-term liquidity.
Stewart Glendinning said the retailer is "proactively preserving our liquidity" as it waits for a CARES Act payout from the IRS.